Nine Dragons Paper (Holdings) (HKSE:02689) Price-to-Tangible-Book : 0.35 (As of May. 03, 2024)

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What is Nine Dragons Paper (Holdings) Price-to-Tangible-Book?

As of today (2024-05-03), Nine Dragons Paper (Holdings)'s share price is HK$3.60. Nine Dragons Paper (Holdings)'s Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$10.36. Hence, Nine Dragons Paper (Holdings)'s Price to Tangible Book Ratio of today is 0.35.

The historical rank and industry rank for Nine Dragons Paper (Holdings)'s Price-to-Tangible-Book or its related term are showing as below:

HKSE:02689' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 0.88 Max: 1.58
Current: 0.35

During the past 13 years, Nine Dragons Paper (Holdings)'s highest Price to Tangible Book Ratio was 1.58. The lowest was 0.32. And the median was 0.88.

HKSE:02689's Price-to-Tangible-Book is ranked better than
89.25% of 279 companies
in the Forest Products industry
Industry Median: 1.05 vs HKSE:02689: 0.35

A closely related ratio is called PB Ratio. As of today, Nine Dragons Paper (Holdings)'s share price is HK$3.60. Nine Dragons Paper (Holdings)'s Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$10.43. Hence, Nine Dragons Paper (Holdings)'s P/B Ratio of today is 0.35.

Nine Dragons Paper (Holdings) Price-to-Tangible-Book Historical Data

The historical data trend for Nine Dragons Paper (Holdings)'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.

Nine Dragons Paper (Holdings) Price-to-Tangible-Book Chart

Nine Dragons Paper (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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0.79

0.78

0.88

0.60

0.50

Nine Dragons Paper (Holdings) 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															0.68	0.60	0.66	0.50	0.37

Competitive Comparison of Nine Dragons Paper (Holdings)'s Price-to-Tangible-Book

For the Paper & Paper Products subindustry, Nine Dragons Paper (Holdings)'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.

Nine Dragons Paper (Holdings)'s Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nine Dragons Paper (Holdings)'s Price-to-Tangible-Book falls into.

Nine Dragons Paper (Holdings) Price-to-Tangible-Book Calculation

Nine Dragons Paper (Holdings)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.60	/	10.361
	=	0.35

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.

Nine Dragons Paper (Holdings) Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Nine Dragons Paper (Holdings)'s Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Nine Dragons Paper (Holdings) (HKSE:02689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nine Dragons Paper (Holdings) Ltd (HKSE:02689) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

NDGPY:USA NDGPF:USA N3Y:Germany

Address

No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN

Website

http://www.ndpaper.com

Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company predominantly produces liner board, corrugating medium, and coated duplex boards. In addition to packaging paperboard, the Group is also engaged in the production of printing and writing a paper in Dongguan and Taicang and the development of packaging paperboard and specialty paper production in Leshan, Sichuan Province. Substantial part of the company's revenues are generated from the sale of packaging paper and the rest from sales of printing and writing paper, high-value specialty paper products, and Pulp.

Nine Dragons Paper (Holdings) (HKSE:02689) Headlines

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