Shengfeng Development (Shengfeng Development) Price-to-Tangible-Book : 1.54 (As of May. 09, 2024)

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What is Shengfeng Development Price-to-Tangible-Book?

As of today (2024-05-09), Shengfeng Development's share price is $1.79. Shengfeng Development's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.16. Hence, Shengfeng Development's Price to Tangible Book Ratio of today is 1.54.

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

SFWL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.54 Med: 2.53 Max: 2.53
Current: 1.54

During the past 4 years, Shengfeng Development's highest Price to Tangible Book Ratio was 2.53. The lowest was 1.54. And the median was 2.53.

SFWL's Price-to-Tangible-Book is ranked worse than
56.26% of 878 companies
in the Transportation industry
Industry Median: 1.42 vs SFWL: 1.54

A closely related ratio is called PB Ratio. As of today, Shengfeng Development's share price is $1.79. Shengfeng Development's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.31. Hence, Shengfeng Development's P/B Ratio of today is 1.37.

Shengfeng Development Price-to-Tangible-Book Historical Data

The historical data trend for Shengfeng Development'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.

Shengfeng Development Price-to-Tangible-Book Chart

Shengfeng Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.53

Shengfeng Development Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	8.42	2.53

Competitive Comparison of Shengfeng Development's Price-to-Tangible-Book

For the Integrated Freight & Logistics subindustry, Shengfeng Development'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.

Shengfeng Development's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shengfeng Development's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shengfeng Development's Price-to-Tangible-Book falls into.

Shengfeng Development Price-to-Tangible-Book Calculation

Shengfeng Development's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.79	/	1.161
	=	1.54

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.

Shengfeng Development Price-to-Tangible-Book Related Terms

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

Shengfeng Development (Shengfeng Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 478 Fuxin East Road, Shengfeng Building, Jinan District,, Fuzhou City, CHN, 350001

Website

http://www.sfwl.com.cn

Shengfeng Development Ltd is a holding company. The firm through its subsidiaries engages in cargo warehousing, road transportation, and urban distribution. It offers contract logistics services comprising planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. Its integrated logistics solution services are comprised of three segments: B2B freight transportation; cloud storage; and value-added services.

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