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Zhejiang China Commodities City Group Co (SHSE:600415) Price-to-Tangible-Book : 4.06 (As of May. 07, 2024)


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What is Zhejiang China Commodities City Group Co Price-to-Tangible-Book?

As of today (2024-05-07), Zhejiang China Commodities City Group Co's share price is ¥8.77. Zhejiang China Commodities City Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.16. Hence, Zhejiang China Commodities City Group Co's Price to Tangible Book Ratio of today is 4.06.

The historical rank and industry rank for Zhejiang China Commodities City Group Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600415' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.84   Med: 3.3   Max: 17.96
Current: 4.06

During the past 13 years, Zhejiang China Commodities City Group Co's highest Price to Tangible Book Ratio was 17.96. The lowest was 1.84. And the median was 3.30.

SHSE:600415's Price-to-Tangible-Book is ranked worse than
90.22% of 1718 companies
in the Real Estate industry
Industry Median: 0.83 vs SHSE:600415: 4.06

A closely related ratio is called PB Ratio. As of today, Zhejiang China Commodities City Group Co's share price is ¥8.77. Zhejiang China Commodities City Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.36. Hence, Zhejiang China Commodities City Group Co's P/B Ratio of today is 2.61.


Zhejiang China Commodities City Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang China Commodities City Group Co'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.

Zhejiang China Commodities City Group Co Price-to-Tangible-Book Chart

Zhejiang China Commodities City Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.20 3.11 2.52 3.38 3.60

Zhejiang China Commodities City Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.22 4.51 4.63 3.60 4.00

Competitive Comparison of Zhejiang China Commodities City Group Co's Price-to-Tangible-Book

For the Real Estate - Diversified subindustry, Zhejiang China Commodities City Group Co'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.


Zhejiang China Commodities City Group Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhejiang China Commodities City Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang China Commodities City Group Co's Price-to-Tangible-Book falls into.



Zhejiang China Commodities City Group Co Price-to-Tangible-Book Calculation

Zhejiang China Commodities City Group Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=8.77/2.16
=4.06

* 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.


Zhejiang China Commodities City Group Co Price-to-Tangible-Book Related Terms

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Zhejiang China Commodities City Group Co (SHSE:600415) Business Description

Traded in Other Exchanges
N/A
Address
No. 105 Futian Road, Haiyang Business Building, Yiwu, Zhejiang, CHN, 322000
Zhejiang China Commodities City Group Co Ltd is engaged in the construction and operation of commodities trading platforms in China. The company's activities include the operation of markets, commodities distribution, and provision of hotel services. It is also involved in the development of e-commerce, big data, exhibitions, supply chain, finance, exhibitions, tourism and real estate.

Zhejiang China Commodities City Group Co (SHSE:600415) Headlines

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