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Sany Heavy Industry Co (SHSE:600031) Price-to-Tangible-Book : 2.29 (As of May. 11, 2024)


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What is Sany Heavy Industry Co Price-to-Tangible-Book?

As of today (2024-05-11), Sany Heavy Industry Co's share price is ¥17.39. Sany Heavy Industry Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥7.59. Hence, Sany Heavy Industry Co's Price to Tangible Book Ratio of today is 2.29.

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

SHSE:600031' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.86   Med: 2.84   Max: 5.56
Current: 2.29

During the past 13 years, Sany Heavy Industry Co's highest Price to Tangible Book Ratio was 5.56. The lowest was 1.86. And the median was 2.84.

SHSE:600031's Price-to-Tangible-Book is ranked worse than
58.03% of 193 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.84 vs SHSE:600031: 2.29

A closely related ratio is called PB Ratio. As of today, Sany Heavy Industry Co's share price is ¥17.39. Sany Heavy Industry Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥8.19. Hence, Sany Heavy Industry Co's P/B Ratio of today is 2.12.


Sany Heavy Industry Co Price-to-Tangible-Book Historical Data

The historical data trend for Sany Heavy 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.

Sany Heavy Industry Co Price-to-Tangible-Book Chart

Sany Heavy 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 3.29 5.56 3.27 2.23 1.86

Sany Heavy 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 2.36 2.29 2.15 1.86 1.92

Competitive Comparison of Sany Heavy Industry Co's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy 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.


Sany Heavy Industry Co's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Industry Co's Price-to-Tangible-Book distribution charts can be found below:

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



Sany Heavy Industry Co Price-to-Tangible-Book Calculation

Sany Heavy 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 )
=17.39/7.591
=2.29

* 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.


Sany Heavy Industry Co Price-to-Tangible-Book Related Terms

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


Sany Heavy Industry Co (SHSE:600031) Business Description

Traded in Other Exchanges
N/A
Address
SANY Industrial Park, Economic and Technological Development Zone, Hunan, Changsha, CHN, 410100
Sany is a leading construction machinery manufacturer in China and is one of the top 10 in the world in terms of revenue. Its products range from concrete and crane machinery to excavator, road construction, piling machinery, and others. Following its acquisition of Putzmeister in 2012, it strengthened its position in the concrete machinery space globally as one of the leading concrete pumps manufacturers. It is also the largest excavator manufacturer in China with 21% market share in 2017. China accounted for around 70% of its revenue in 2019, while the rest comes from overseas markets.

Sany Heavy Industry Co (SHSE:600031) Headlines

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