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Hangzhou Great Star Industrial Co (SZSE:002444) Price-to-Tangible-Book : 2.58 (As of May. 02, 2024)


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What is Hangzhou Great Star Industrial Co Price-to-Tangible-Book?

As of today (2024-05-02), Hangzhou Great Star Industrial Co's share price is ¥25.36. Hangzhou Great Star Industrial Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥9.84. Hence, Hangzhou Great Star Industrial Co's Price to Tangible Book Ratio of today is 2.58.

The historical rank and industry rank for Hangzhou Great Star Industrial Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002444' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.94   Med: 2.96   Max: 5.55
Current: 2.58

During the past 13 years, Hangzhou Great Star Industrial Co's highest Price to Tangible Book Ratio was 5.55. The lowest was 1.94. And the median was 2.96.

SZSE:002444's Price-to-Tangible-Book is ranked worse than
60.92% of 2820 companies
in the Industrial Products industry
Industry Median: 2.11 vs SZSE:002444: 2.58

A closely related ratio is called PB Ratio. As of today, Hangzhou Great Star Industrial Co's share price is ¥25.36. Hangzhou Great Star Industrial Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.69. Hence, Hangzhou Great Star Industrial Co's P/B Ratio of today is 2.00.


Hangzhou Great Star Industrial Co Price-to-Tangible-Book Historical Data

The historical data trend for Hangzhou Great Star Industrial 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.

Hangzhou Great Star Industrial Co Price-to-Tangible-Book Chart

Hangzhou Great Star Industrial 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 2.29 5.23 4.58 2.23 2.38

Hangzhou Great Star Industrial 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 2.16 2.41 2.05 2.38 2.56

Competitive Comparison of Hangzhou Great Star Industrial Co's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Hangzhou Great Star Industrial 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.


Hangzhou Great Star Industrial Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hangzhou Great Star Industrial Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hangzhou Great Star Industrial Co's Price-to-Tangible-Book falls into.



Hangzhou Great Star Industrial Co Price-to-Tangible-Book Calculation

Hangzhou Great Star Industrial 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 )
=25.36/9.843
=2.58

* 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.


Hangzhou Great Star Industrial Co Price-to-Tangible-Book Related Terms

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


Hangzhou Great Star Industrial Co (SZSE:002444) Business Description

Traded in Other Exchanges
N/A
Address
No.35 Jiuhuan Road, Shangcheng District, Zhejiang, Hangzhou, CHN, 310019
Hangzhou Great Star Industrial Co Ltd is a developer, manufacturer, and supplier of tools, the company is a hand tool vendor in Asia. Its products include Hand tools; Specialty tools like drywall tools, masonry tools, painting tools, tile tools, electrical tools, plumbing tools, automotive tools, Garden tools; Power tools, Tool sets, Flashlights.

Hangzhou Great Star Industrial Co (SZSE:002444) Headlines

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