CN Energy Group (CN Energy Group) Price-to-Tangible-Book : 0.02 (As of May. 12, 2024)

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What is CN Energy Group Price-to-Tangible-Book?

As of today (2024-05-12), CN Energy Group's share price is $0.705. CN Energy Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $40.49. Hence, CN Energy Group's Price to Tangible Book Ratio of today is 0.02.

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

CNEY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.02 Med: 0.77 Max: 2.29
Current: 0.02

During the past 6 years, CN Energy Group's highest Price to Tangible Book Ratio was 2.29. The lowest was 0.02. And the median was 0.77.

CNEY's Price-to-Tangible-Book is ranked better than
99.93% of 1487 companies
in the Chemicals industry
Industry Median: 1.86 vs CNEY: 0.02

A closely related ratio is called PB Ratio. As of today, CN Energy Group's share price is $0.705. CN Energy Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was $43.40. Hence, CN Energy Group's P/B Ratio of today is 0.02.

CN Energy Group Price-to-Tangible-Book Historical Data

The historical data trend for CN Energy 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.

CN Energy Group Price-to-Tangible-Book Chart

CN Energy Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

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2.29

0.77

0.09

CN Energy Group Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial						2.29	0.56	0.77	0.12	0.09

Competitive Comparison of CN Energy Group's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, CN Energy 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.

CN Energy Group's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CN Energy Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CN Energy Group's Price-to-Tangible-Book falls into.

CN Energy Group Price-to-Tangible-Book Calculation

CN Energy Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.705	/	40.49
	=	0.02

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

CN Energy Group Price-to-Tangible-Book Related Terms

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

CN Energy Group (CN Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CN Energy Group Inc (NAS:CNEY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

No. 268 Shiniu Road, Building 2-B, Room 206, Liandu District, Zhejiang Province, Lishui, CHN

Website

https://www.ir.cneny.com

CN Energy Group Inc along with its subsidiaries is a manufacturer and supplier of wood-based activated carbon that is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production and a producer of biomass electricity generated in the process of producing activated carbon. The firm generates a majority of its revenue from Activated carbon.