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Guangzhou Development Group (SHSE:600098) Price-to-Tangible-Book : 1.08 (As of Jun. 08, 2024)


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What is Guangzhou Development Group Price-to-Tangible-Book?

As of today (2024-06-08), Guangzhou Development Group's share price is ¥6.86. Guangzhou Development Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.33. Hence, Guangzhou Development Group's Price to Tangible Book Ratio of today is 1.08.

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

SHSE:600098' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 1.17   Max: 2.85
Current: 1.08

During the past 13 years, Guangzhou Development Group's highest Price to Tangible Book Ratio was 2.85. The lowest was 0.87. And the median was 1.17.

SHSE:600098's Price-to-Tangible-Book is ranked better than
62.5% of 160 companies
in the Other Energy Sources industry
Industry Median: 1.61 vs SHSE:600098: 1.08

A closely related ratio is called PB Ratio. As of today, Guangzhou Development Group's share price is ¥6.86. Guangzhou Development Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥7.40. Hence, Guangzhou Development Group's P/B Ratio of today is 0.93.


Guangzhou Development Group Price-to-Tangible-Book Historical Data

The historical data trend for Guangzhou Development Group'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.

Guangzhou Development Group Price-to-Tangible-Book Chart

Guangzhou Development Group 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 1.23 1.16 1.38 0.95 0.87

Guangzhou Development Group 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 1.00 1.04 0.99 0.87 0.97

Competitive Comparison of Guangzhou Development Group's Price-to-Tangible-Book

For the Thermal Coal subindustry, Guangzhou Development Group'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.


Guangzhou Development Group's Price-to-Tangible-Book Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Guangzhou Development Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Guangzhou Development Group's Price-to-Tangible-Book falls into.



Guangzhou Development Group Price-to-Tangible-Book Calculation

Guangzhou Development Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=6.86/6.326
=1.08

* 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.


Guangzhou Development Group Price-to-Tangible-Book Related Terms

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


Guangzhou Development Group (SHSE:600098) Business Description

Traded in Other Exchanges
N/A
Address
28/F, Development Center, No. 3 Linjiang Avenue, Zhujiang Xincheng, Guangzhou, CHN
Guangzhou Development Group Incorporated is a China-based company operating in the integrated energy business. It is engaged in the investment, construction, development, and operation of electric power, coal, oil products, natural gas and new energy. The company is also involved in the energy logistics business.
Executives
Wu Xu Director
Feng Kai Yun Director
Li Shuang Yin Supervisors
Yang Dan De Director

Guangzhou Development Group (SHSE:600098) Headlines

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