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Wuhan Yifi Laser (SHSE:688646) Price-to-Tangible-Book : 1.84 (As of May. 25, 2024)


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What is Wuhan Yifi Laser Price-to-Tangible-Book?

As of today (2024-05-25), Wuhan Yifi Laser's share price is ¥31.04. Wuhan Yifi Laser's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥16.86. Hence, Wuhan Yifi Laser's Price to Tangible Book Ratio of today is 1.84.

The historical rank and industry rank for Wuhan Yifi Laser's Price-to-Tangible-Book or its related term are showing as below:

SHSE:688646' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.79   Med: 2.15   Max: 2.61
Current: 1.84

During the past 5 years, Wuhan Yifi Laser's highest Price to Tangible Book Ratio was 2.61. The lowest was 1.79. And the median was 2.15.

SHSE:688646's Price-to-Tangible-Book is ranked better than
57.5% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs SHSE:688646: 1.84

A closely related ratio is called PB Ratio. As of today, Wuhan Yifi Laser's share price is ¥31.04. Wuhan Yifi Laser's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥17.36. Hence, Wuhan Yifi Laser's P/B Ratio of today is 1.79.


Wuhan Yifi Laser Price-to-Tangible-Book Historical Data

The historical data trend for Wuhan Yifi Laser'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.

Wuhan Yifi Laser Price-to-Tangible-Book Chart

Wuhan Yifi Laser Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - - 2.15

Wuhan Yifi Laser Quarterly Data
Dec19 Dec20 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 - - 2.61 2.15 1.79

Competitive Comparison of Wuhan Yifi Laser's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Wuhan Yifi Laser'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.


Wuhan Yifi Laser's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuhan Yifi Laser's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Wuhan Yifi Laser's Price-to-Tangible-Book falls into.



Wuhan Yifi Laser Price-to-Tangible-Book Calculation

Wuhan Yifi Laser's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=31.04/16.863
=1.84

* 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.


Wuhan Yifi Laser Price-to-Tangible-Book Related Terms

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


Wuhan Yifi Laser (SHSE:688646) Business Description

Traded in Other Exchanges
N/A
Address
No. 999 Gaoxin Avenue, Room 1101, Building C1, Phase I, Longshan Innovation Park, Wuhan Future Science and Technology City, East Lake High-tech Development Zone, Hubei, Wuhan, CHN, 430000
Wuhan Yifi Laser Corp Ltd is engaged in Research and development, design, production and sales of precision laser processing intelligent equipment.

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