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Heilongjiang Agriculture Co (SHSE:600598) Price-to-Tangible-Book : 3.24 (As of Apr. 28, 2024)


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What is Heilongjiang Agriculture Co Price-to-Tangible-Book?

As of today (2024-04-28), Heilongjiang Agriculture Co's share price is ¥12.91. Heilongjiang Agriculture Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥3.99. Hence, Heilongjiang Agriculture Co's Price to Tangible Book Ratio of today is 3.24.

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

SHSE:600598' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.5   Med: 3.52   Max: 5.23
Current: 3.24

During the past 13 years, Heilongjiang Agriculture Co's highest Price to Tangible Book Ratio was 5.23. The lowest was 2.50. And the median was 3.52.

SHSE:600598's Price-to-Tangible-Book is ranked worse than
74.21% of 1702 companies
in the Consumer Packaged Goods industry
Industry Median: 1.68 vs SHSE:600598: 3.24

A closely related ratio is called PB Ratio. As of today, Heilongjiang Agriculture Co's share price is ¥12.91. Heilongjiang Agriculture Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥4.22. Hence, Heilongjiang Agriculture Co's P/B Ratio of today is 3.06.


Heilongjiang Agriculture Co Price-to-Tangible-Book Historical Data

The historical data trend for Heilongjiang Agriculture 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.

Heilongjiang Agriculture Co Price-to-Tangible-Book Chart

Heilongjiang Agriculture 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 2.78 5.23 3.98 3.61 3.00

Heilongjiang Agriculture Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.61 3.26 3.39 3.19 3.00

Competitive Comparison of Heilongjiang Agriculture Co's Price-to-Tangible-Book

For the Farm Products subindustry, Heilongjiang Agriculture 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.


Heilongjiang Agriculture Co's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Heilongjiang Agriculture Co's Price-to-Tangible-Book distribution charts can be found below:

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



Heilongjiang Agriculture Co Price-to-Tangible-Book Calculation

Heilongjiang Agriculture Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=12.91/3.988
=3.24

* 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.


Heilongjiang Agriculture Co Price-to-Tangible-Book Related Terms

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


Heilongjiang Agriculture Co (SHSE:600598) Business Description

Traded in Other Exchanges
N/A
Address
No.263 Hanshui Road, Nangang District, Heilongjiang Province, Harbin, CHN, 150090
Heilongjiang Agriculture Co Ltd is an agricultural company. It produces flour, oil, meat, milk and potatoes.

Heilongjiang Agriculture Co (SHSE:600598) Headlines

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