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Zhen Ding Resources (Zhen Ding Resources) Price-to-Tangible-Book : (As of May. 18, 2024)


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What is Zhen Ding Resources Price-to-Tangible-Book?

As of today (2024-05-18), Zhen Ding Resources's share price is $2.01. Zhen Ding Resources's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.07. Hence, Zhen Ding Resources's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Zhen Ding Resources's Price-to-Tangible-Book or its related term are showing as below:

RBTK's Price-to-Tangible-Book is not ranked *
in the Metals & Mining industry.
Industry Median: 1.37
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Zhen Ding Resources's share price is $2.01. Zhen Ding Resources's Book Value per Sharefor the quarter that ended in Mar. 2024 was $-0.07. Hence, Zhen Ding Resources's P/B Ratio of today is .


Zhen Ding Resources Price-to-Tangible-Book Historical Data

The historical data trend for Zhen Ding Resources'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.

Zhen Ding Resources Price-to-Tangible-Book Chart

Zhen Ding Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Zhen Ding Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Zhen Ding Resources's Price-to-Tangible-Book

For the Gold subindustry, Zhen Ding Resources'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.


Zhen Ding Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhen Ding Resources's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhen Ding Resources's Price-to-Tangible-Book falls into.



Zhen Ding Resources Price-to-Tangible-Book Calculation

Zhen Ding Resources's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=2.01/-0.066
=

* 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.


Zhen Ding Resources Price-to-Tangible-Book Related Terms

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


Zhen Ding Resources (Zhen Ding Resources) Business Description

Traded in Other Exchanges
N/A
Address
3900 Place De Java, Second Floor, Suite 111, Brossard, QC, CAN, J4Y OC4
Zhen Ding Resources Inc, through its subsidiary, is involved in the business of gold and copper mining, development, and production in China and Southeast Asia. The company's one of the project is Wuxi gold project, which is located in Jingxian county, situated in the southeastern part of Anhui Province, PRC.

Zhen Ding Resources (Zhen Ding Resources) Headlines

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