ZK International Group Co (ZK International Group Co) Price-to-Tangible-Book : 0.27 (As of May. 01, 2024)

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What is ZK International Group Co Price-to-Tangible-Book?

As of today (2024-05-01), ZK International Group Co's share price is $0.675. ZK International Group Co's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was $2.47. Hence, ZK International Group Co's Price to Tangible Book Ratio of today is 0.27.

The historical rank and industry rank for ZK International Group Co's Price-to-Tangible-Book or its related term are showing as below:

ZKIN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25 Med: 0.56 Max: 5.43
Current: 0.27

During the past 8 years, ZK International Group Co's highest Price to Tangible Book Ratio was 5.43. The lowest was 0.25. And the median was 0.56.

ZKIN's Price-to-Tangible-Book is ranked better than
94.85% of 602 companies
in the Steel industry
Industry Median: 1.05 vs ZKIN: 0.27

A closely related ratio is called PB Ratio. As of today, ZK International Group Co's share price is $0.675. ZK International Group Co's Book Value per Sharefor the quarter that ended in Mar. 2023 was $2.85. Hence, ZK International Group Co's P/B Ratio of today is 0.24.

ZK International Group Co Price-to-Tangible-Book Historical Data

The historical data trend for ZK International Group 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.

ZK International Group Co Price-to-Tangible-Book Chart

ZK International Group Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.36

0.48

0.45

1.01

0.35

ZK International Group Co Semi-Annual Data
	Sep15	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Price-to-Tangible-Book	Get a 7-Day Free Trial										3.24	1.01	0.48	0.35	0.28

Competitive Comparison of ZK International Group Co's Price-to-Tangible-Book

For the Steel subindustry, ZK International Group 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.

ZK International Group Co's Price-to-Tangible-Book Distribution in the Steel Industry

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

* The bar in red indicates where ZK International Group Co's Price-to-Tangible-Book falls into.

ZK International Group Co Price-to-Tangible-Book Calculation

ZK International Group Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	0.675	/	2.472
	=	0.27

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

ZK International Group Co Price-to-Tangible-Book Related Terms

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

ZK International Group Co (ZK International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ZK International Group Co Ltd (NAS:ZKIN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Zhejiang Zhengkang Industrial Co., Ltd., No. 678 Dingxiang Road, Binhai Industrial Park, Zhejiang Province, Economic and Technology Development Zone, Wenzhou, CHN, 325025

Website

https://www.zkinternationalgroup.com

ZK International Group Co Ltd is engaged in the manufacture and marketing of metal pipes. The company is specialized in producing double-press thin-walled stainless steel tube and fittings, carbon steel tube and fittings, single-press tube and fittings, and stainless-steel strip. The products are used in restaurants, hotel, hospital, firefighting, food, beverage, ship, engine, industrial seawater desalination and systems of direct-drinking water, cold /hot water supply, city water supply, gas of large/middle scale construction projects.