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Shougang Fushan Resources Group (HKSE:00639) Price-to-Tangible-Book : 0.94 (As of May. 02, 2024)


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What is Shougang Fushan Resources Group Price-to-Tangible-Book?

As of today (2024-05-02), Shougang Fushan Resources Group's share price is HK$2.87. Shougang Fushan Resources Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$3.04. Hence, Shougang Fushan Resources Group's Price to Tangible Book Ratio of today is 0.94.

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

HKSE:00639' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37   Med: 0.62   Max: 0.95
Current: 0.94

During the past 13 years, Shougang Fushan Resources Group's highest Price to Tangible Book Ratio was 0.95. The lowest was 0.37. And the median was 0.62.

HKSE:00639's Price-to-Tangible-Book is ranked better than
55.48% of 602 companies
in the Steel industry
Industry Median: 1.04 vs HKSE:00639: 0.94

A closely related ratio is called PB Ratio. As of today, Shougang Fushan Resources Group's share price is HK$2.87. Shougang Fushan Resources Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$3.31. Hence, Shougang Fushan Resources Group's P/B Ratio of today is 0.87.


Shougang Fushan Resources Group Price-to-Tangible-Book Historical Data

The historical data trend for Shougang Fushan Resources 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.

Shougang Fushan Resources Group Price-to-Tangible-Book Chart

Shougang Fushan Resources 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 0.62 0.64 0.84 0.81 0.95

Shougang Fushan Resources Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.84 1.05 0.81 0.66 0.95

Competitive Comparison of Shougang Fushan Resources Group's Price-to-Tangible-Book

For the Coking Coal subindustry, Shougang Fushan Resources 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.


Shougang Fushan Resources Group's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shougang Fushan Resources Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shougang Fushan Resources Group's Price-to-Tangible-Book falls into.



Shougang Fushan Resources Group Price-to-Tangible-Book Calculation

Shougang Fushan Resources Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.87/3.041
=0.94

* 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.


Shougang Fushan Resources Group Price-to-Tangible-Book Related Terms

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Shougang Fushan Resources Group (HKSE:00639) Business Description

Traded in Other Exchanges
Address
56 Gloucester Road, 6th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Shougang Fushan Resources Group Ltd is engaged in coking coal mining, production and sales of coking coal products in the PRC. It derives revenue from the sale of clean coking coal and raw coking coal. The group has three operating coking coal mines and three coal preparation plants. The group has a business presence in the PRC and Hong Kong.

Shougang Fushan Resources Group (HKSE:00639) Headlines

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