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Kwang Jin Industry Co (XKRX:026910) Price-to-Tangible-Book : 1.05 (As of Jun. 13, 2024)


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What is Kwang Jin Industry Co Price-to-Tangible-Book?

As of today (2024-06-13), Kwang Jin Industry Co's share price is ₩3200.00. Kwang Jin Industry Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₩3,041.10. Hence, Kwang Jin Industry Co's Price to Tangible Book Ratio of today is 1.05.

The historical rank and industry rank for Kwang Jin Industry Co's Price-to-Tangible-Book or its related term are showing as below:

XKRX:026910' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5   Med: 0.92   Max: 2.08
Current: 1.05

During the past 13 years, Kwang Jin Industry Co's highest Price to Tangible Book Ratio was 2.08. The lowest was 0.50. And the median was 0.92.

XKRX:026910's Price-to-Tangible-Book is ranked worse than
50.5% of 602 companies
in the Steel industry
Industry Median: 1.04 vs XKRX:026910: 1.05

A closely related ratio is called PB Ratio. As of today, Kwang Jin Industry Co's share price is ₩3200.00. Kwang Jin Industry Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₩3,093.12. Hence, Kwang Jin Industry Co's P/B Ratio of today is 1.03.


Kwang Jin Industry Co Price-to-Tangible-Book Historical Data

The historical data trend for Kwang Jin Industry Co's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kwang Jin Industry Co Price-to-Tangible-Book Chart

Kwang Jin Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.97 1.21 1.14 1.16

Kwang Jin Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 1.10 0.96 1.16 1.19

Competitive Comparison of Kwang Jin Industry Co's Price-to-Tangible-Book

For the Steel subindustry, Kwang Jin Industry Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kwang Jin Industry Co's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kwang Jin Industry Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kwang Jin Industry Co's Price-to-Tangible-Book falls into.



Kwang Jin Industry Co Price-to-Tangible-Book Calculation

Kwang Jin Industry Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3200.00/3041.096
=1.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Kwang Jin Industry Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Kwang Jin Industry Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Kwang Jin Industry Co (XKRX:026910) Business Description

Traded in Other Exchanges
N/A
Address
370-103 Shinpyeong-dong, Saha-gu, Busan, KOR, 604-030
Kwang Jin Industry Co Ltd is a South Korea-based company engaged in the manufacturing of steel profiles. The company's products portfolio includes hot rolled bars, round steel bars, rectangular steel bars, peeling steel bars, hexagonal steel bars and linear motion guide rails used in automotive facilities, shipbuilding industries, automobile parts, medical equipment, industrial robots, and others.

Kwang Jin Industry Co (XKRX:026910) Headlines

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