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Greenland Technologies Holding (Greenland Technologies Holding) Price-to-Tangible-Book : 0.48 (As of May. 04, 2024)


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What is Greenland Technologies Holding Price-to-Tangible-Book?

As of today (2024-05-04), Greenland Technologies Holding's share price is $1.6373. Greenland Technologies Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.42. Hence, Greenland Technologies Holding's Price to Tangible Book Ratio of today is 0.48.

The historical rank and industry rank for Greenland Technologies Holding's Price-to-Tangible-Book or its related term are showing as below:

GTEC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46   Med: 1.35   Max: 11.33
Current: 0.48

During the past 6 years, Greenland Technologies Holding's highest Price to Tangible Book Ratio was 11.33. The lowest was 0.46. And the median was 1.35.

GTEC's Price-to-Tangible-Book is ranked better than
94.97% of 2821 companies
in the Industrial Products industry
Industry Median: 2.12 vs GTEC: 0.48

A closely related ratio is called PB Ratio. As of today, Greenland Technologies Holding's share price is $1.6373. Greenland Technologies Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.68. Hence, Greenland Technologies Holding's P/B Ratio of today is 0.44.


Greenland Technologies Holding Price-to-Tangible-Book Historical Data

The historical data trend for Greenland Technologies Holding'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.

Greenland Technologies Holding Price-to-Tangible-Book Chart

Greenland Technologies Holding Annual Data
Trend Nov18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.44 1.81 1.25 0.46 0.82

Greenland Technologies Holding Quarterly Data
Feb19 May19 Aug19 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 0.46 0.31 0.31 0.61 0.82

Competitive Comparison of Greenland Technologies Holding's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Greenland Technologies Holding'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.


Greenland Technologies Holding's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Greenland Technologies Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Greenland Technologies Holding's Price-to-Tangible-Book falls into.



Greenland Technologies Holding Price-to-Tangible-Book Calculation

Greenland Technologies Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.6373/3.416
=0.48

* 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.


Greenland Technologies Holding Price-to-Tangible-Book Related Terms

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


Greenland Technologies Holding (Greenland Technologies Holding) Business Description

Traded in Other Exchanges
N/A
Address
50 Millstone Road, Building 400, Suite 130, Zhejiang, East Windsor, NJ, USA, 08512
Greenland Technologies Holding Corp is a developer of innovative and quality solutions in the material handling industry. It is a transmission and drivetrain systems provider for material handling equipment such as forklift trucks for industrial and logistic applications. Geographically, the company has its presence in Domestic and International markets and earns majority of the revenue from Domestic Sales.
Executives
Raymond Z Wang officer: CEO and President STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Peter Wang director, 10 percent owner
Jing Jin officer: Chief Financial Officer STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Ming Zhao director 1ST FLOOR, YUZHENG PLAZA, NO. 76, YUHUANGSHAN ROAD, HANGZHOU, ZHEJIANG PROVINCE F4 00000
Bo Shen director 11-F, BUILDING 12, SUNKIN PLAZA, GAOJIAO ROAD, HANGZHOU, ZHEJIANG F4 311122
Charles Athle Nelson director 11-F, BUILDING 12, SUNKING PLAZA, GAOJIAO ROAD, HANGZHOU, ZHEJIANG F4 311122
Min Zhang director STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Everett Xiaolin Wang director STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Liu Yanming director, 10 percent owner SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Lei Chen officer: Chief Scientist STE 906, TOWER W1. ORIENTAL PLAZA NO. 1, DONGCHENG DISTRICT BEIJING F4 100006
Greenland Asset Management Corp 10 percent owner WEST WING, YONGDA INTERNATIONAL TOWER, NO. 2277 LONGYANG ROAD, PUDONG SHANGHAI F4 100006
Hong Liang Lu director C/O UTSTARCOM INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Cui Shan director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Tao Tang director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Jerry Zheng officer: COO SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006

Greenland Technologies Holding (Greenland Technologies Holding) Headlines