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Xinjiang Qingsong Building Materials and Chemicals (Group) Co (SHSE:600425) Price-to-Tangible-Book : 1.03 (As of May. 16, 2024)


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What is Xinjiang Qingsong Building Materials and Chemicals (Group) Co Price-to-Tangible-Book?

As of today (2024-05-16), Xinjiang Qingsong Building Materials and Chemicals (Group) Co's share price is ¥3.73. Xinjiang Qingsong Building Materials and Chemicals (Group) Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.63. Hence, Xinjiang Qingsong Building Materials and Chemicals (Group) Co's Price to Tangible Book Ratio of today is 1.03.

The historical rank and industry rank for Xinjiang Qingsong Building Materials and Chemicals (Group) Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600425' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.98   Med: 1.27   Max: 2.95
Current: 1.03

During the past 13 years, Xinjiang Qingsong Building Materials and Chemicals (Group) Co's highest Price to Tangible Book Ratio was 2.95. The lowest was 0.98. And the median was 1.27.

SHSE:600425's Price-to-Tangible-Book is ranked better than
64% of 375 companies
in the Building Materials industry
Industry Median: 1.41 vs SHSE:600425: 1.03

A closely related ratio is called PB Ratio. As of today, Xinjiang Qingsong Building Materials and Chemicals (Group) Co's share price is ¥3.73. Xinjiang Qingsong Building Materials and Chemicals (Group) Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.87. Hence, Xinjiang Qingsong Building Materials and Chemicals (Group) Co's P/B Ratio of today is 0.96.


Xinjiang Qingsong Building Materials and Chemicals (Group) Co Price-to-Tangible-Book Historical Data

The historical data trend for Xinjiang Qingsong Building Materials and Chemicals (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.

Xinjiang Qingsong Building Materials and Chemicals (Group) Co Price-to-Tangible-Book Chart

Xinjiang Qingsong Building Materials and Chemicals (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 1.24 1.16 1.11 1.21 1.09

Xinjiang Qingsong Building Materials and Chemicals (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 1.14 1.25 1.25 1.09 1.02

Competitive Comparison of Xinjiang Qingsong Building Materials and Chemicals (Group) Co's Price-to-Tangible-Book

For the Building Materials subindustry, Xinjiang Qingsong Building Materials and Chemicals (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.


Xinjiang Qingsong Building Materials and Chemicals (Group) Co's Price-to-Tangible-Book Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Xinjiang Qingsong Building Materials and Chemicals (Group) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Xinjiang Qingsong Building Materials and Chemicals (Group) Co's Price-to-Tangible-Book falls into.



Xinjiang Qingsong Building Materials and Chemicals (Group) Co Price-to-Tangible-Book Calculation

Xinjiang Qingsong Building Materials and Chemicals (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 )
=3.73/3.633
=1.03

* 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.


Xinjiang Qingsong Building Materials and Chemicals (Group) Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Xinjiang Qingsong Building Materials and Chemicals (Group) Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Xinjiang Qingsong Building Materials and Chemicals (Group) Co (SHSE:600425) Business Description

Traded in Other Exchanges
N/A
Address
Linyuan, Akesu, Xinjiang, CHN, 843005
Xinjiang Qingsong Building Materials and Chemicals (Group) Co Ltd produces building materials and chemical products in China. Its products include cement, cement products, refined oil, phosphate fertilizers, potassium sulfate, and barite powder compound fertilizers.

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