GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Automotive Engineering Research Institute Co Ltd (SHSE:601965) » Definitions » Price-to-Tangible-Book

China Automotive Engineering Research Institute Co (SHSE:601965) Price-to-Tangible-Book : 3.06 (As of May. 26, 2024)


View and export this data going back to 2012. Start your Free Trial

What is China Automotive Engineering Research Institute Co Price-to-Tangible-Book?

As of today (2024-05-26), China Automotive Engineering Research Institute Co's share price is ¥19.07. China Automotive Engineering Research Institute Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.24. Hence, China Automotive Engineering Research Institute Co's Price to Tangible Book Ratio of today is 3.06.

The historical rank and industry rank for China Automotive Engineering Research Institute Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:601965' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5   Med: 2.59   Max: 4.35
Current: 3.06

During the past 13 years, China Automotive Engineering Research Institute Co's highest Price to Tangible Book Ratio was 4.35. The lowest was 1.50. And the median was 2.59.

SHSE:601965's Price-to-Tangible-Book is ranked worse than
74.25% of 1196 companies
in the Vehicles & Parts industry
Industry Median: 1.65 vs SHSE:601965: 3.06

A closely related ratio is called PB Ratio. As of today, China Automotive Engineering Research Institute Co's share price is ¥19.07. China Automotive Engineering Research Institute Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.68. Hence, China Automotive Engineering Research Institute Co's P/B Ratio of today is 2.85.


China Automotive Engineering Research Institute Co Price-to-Tangible-Book Historical Data

The historical data trend for China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute Co Price-to-Tangible-Book Chart

China Automotive Engineering Research Institute 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 1.83 3.15 3.61 3.54 3.64

China Automotive Engineering Research Institute 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 4.35 3.71 3.50 3.64 3.11

Competitive Comparison of China Automotive Engineering Research Institute Co's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, China Automotive Engineering Research Institute 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.


China Automotive Engineering Research Institute Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Automotive Engineering Research Institute Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Automotive Engineering Research Institute Co's Price-to-Tangible-Book falls into.



China Automotive Engineering Research Institute Co Price-to-Tangible-Book Calculation

China Automotive Engineering Research Institute 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 )
=19.07/6.238
=3.06

* 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.


China Automotive Engineering Research Institute Co Price-to-Tangible-Book Related Terms

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


China Automotive Engineering Research Institute Co (SHSE:601965) Business Description

Traded in Other Exchanges
N/A
Address
No.9, Jin Yu Avenue, North District, Economic Development Zone, Chongqing, CHN
China Automotive Engineering Research Institute Co Ltd is an automobile company based in China. It is mainly engaged in the technical service for automobile and manufacturing operations of automobile including the development of various products, the technical consulting, test and the quality inspection and authentication. In addition, the company is specialized in research and development, manufacturing and marketing of special vehicles, with main products involving 5 types and 200-odd models including engineering dump trucks, concrete mixers, sanitation vehicles, logistics transport vehicles and integration vehicles.

China Automotive Engineering Research Institute Co (SHSE:601965) Headlines

No Headlines