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Yeal Electric Co (SZSE:300923) Price-to-Tangible-Book : 1.22 (As of May. 29, 2024)


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What is Yeal Electric Co Price-to-Tangible-Book?

As of today (2024-05-29), Yeal Electric Co's share price is ¥17.64. Yeal Electric Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥14.47. Hence, Yeal Electric Co's Price to Tangible Book Ratio of today is 1.22.

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

SZSE:300923' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19   Med: 1.72   Max: 2.8
Current: 1.22

During the past 8 years, Yeal Electric Co's highest Price to Tangible Book Ratio was 2.80. The lowest was 1.19. And the median was 1.72.

SZSE:300923's Price-to-Tangible-Book is ranked better than
58.2% of 878 companies
in the Transportation industry
Industry Median: 1.445 vs SZSE:300923: 1.22

A closely related ratio is called PB Ratio. As of today, Yeal Electric Co's share price is ¥17.64. Yeal Electric Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥14.76. Hence, Yeal Electric Co's P/B Ratio of today is 1.19.


Yeal Electric Co Price-to-Tangible-Book Historical Data

The historical data trend for Yeal Electric 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.

Yeal Electric Co Price-to-Tangible-Book Chart

Yeal Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 2.80 2.06 1.40 1.70

Yeal Electric 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 1.55 1.58 1.73 1.70 1.27

Competitive Comparison of Yeal Electric Co's Price-to-Tangible-Book

For the Railroads subindustry, Yeal Electric 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.


Yeal Electric Co's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yeal Electric Co's Price-to-Tangible-Book distribution charts can be found below:

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



Yeal Electric Co Price-to-Tangible-Book Calculation

Yeal Electric 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 )
=17.64/14.473
=1.22

* 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.


Yeal Electric Co Price-to-Tangible-Book Related Terms

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


Yeal Electric Co (SZSE:300923) Business Description

Traded in Other Exchanges
N/A
Address
1999 Zhongyan Road, Lvyuan Economic Development Zone, Jilin Province, Changchun, CHN, 130113
Yeal Electric Co Ltd is engaged in the production and sales of electrical equipment for rail vehicles.

Yeal Electric Co (SZSE:300923) Headlines

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