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Tongkun Group Co (SHSE:601233) Price-to-Tangible-Book : 1.10 (As of Jun. 01, 2024)


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What is Tongkun Group Co Price-to-Tangible-Book?

As of today (2024-06-01), Tongkun Group Co's share price is ¥15.08. Tongkun Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥13.75. Hence, Tongkun Group Co's Price to Tangible Book Ratio of today is 1.10.

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

SHSE:601233' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95   Med: 1.54   Max: 2.89
Current: 1.1

During the past 13 years, Tongkun Group Co's highest Price to Tangible Book Ratio was 2.89. The lowest was 0.95. And the median was 1.54.

SHSE:601233's Price-to-Tangible-Book is ranked better than
58.97% of 992 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.33 vs SHSE:601233: 1.10

A closely related ratio is called PB Ratio. As of today, Tongkun Group Co's share price is ¥15.08. Tongkun Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥14.96. Hence, Tongkun Group Co's P/B Ratio of today is 1.01.


Tongkun Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Tongkun 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.

Tongkun Group Co Price-to-Tangible-Book Chart

Tongkun Group 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 1.58 1.88 1.50 1.08 1.12

Tongkun Group 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 1.09 1.00 1.08 1.12 1.00

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

For the Textile Manufacturing subindustry, Tongkun 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.


Tongkun Group Co's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tongkun Group Co's Price-to-Tangible-Book distribution charts can be found below:

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



Tongkun Group Co Price-to-Tangible-Book Calculation

Tongkun 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. 2024 )
=15.08/13.75
=1.10

* 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.


Tongkun Group Co Price-to-Tangible-Book Related Terms

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


Tongkun Group Co (SHSE:601233) Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Guangming Road, Tongxiang Economic Development Zone, Tongxiang, Zhejiang, CHN, 314500
Tongkun Group Co Ltd is a China-based company engaged in polyester and polyester filament yarn manufacturing. It offers various polyester filament yarns such as a pre-oriented filament, draw textured yarns, polyester chips, and others under the GOLDENCOCK and Tong Kun brand names. Geographically the business activities are carried out through China.
Executives
Shen Pei Xing Director
Chen Shi Nan Director
Zhou Jun Directors, senior managers
Xu Jin Xiang Directors, senior managers
Chen Jian Rong Director

Tongkun Group Co (SHSE:601233) Headlines

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