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Dazhong Transportation (Group) Co (SHSE:600611) Price-to-Tangible-Book : 0.83 (As of May. 05, 2024)


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What is Dazhong Transportation (Group) Co Price-to-Tangible-Book?

As of today (2024-05-05), Dazhong Transportation (Group) Co's share price is ¥2.79. Dazhong Transportation (Group) Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.36. Hence, Dazhong Transportation (Group) Co's Price to Tangible Book Ratio of today is 0.83.

The historical rank and industry rank for Dazhong Transportation (Group) Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600611' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81   Med: 1.26   Max: 4.27
Current: 0.83

During the past 13 years, Dazhong Transportation (Group) Co's highest Price to Tangible Book Ratio was 4.27. The lowest was 0.81. And the median was 1.26.

SHSE:600611's Price-to-Tangible-Book is ranked better than
75.37% of 877 companies
in the Transportation industry
Industry Median: 1.41 vs SHSE:600611: 0.83

A closely related ratio is called PB Ratio. As of today, Dazhong Transportation (Group) Co's share price is ¥2.79. Dazhong Transportation (Group) Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.02. Hence, Dazhong Transportation (Group) Co's P/B Ratio of today is 0.69.


Dazhong Transportation (Group) Co Price-to-Tangible-Book Historical Data

The historical data trend for Dazhong Transportation (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.

Dazhong Transportation (Group) Co Price-to-Tangible-Book Chart

Dazhong Transportation (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 1.17 1.03 0.97 0.92 0.88

Dazhong Transportation (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 0.93 0.89 0.93 0.88 0.81

Competitive Comparison of Dazhong Transportation (Group) Co's Price-to-Tangible-Book

For the Trucking subindustry, Dazhong Transportation (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.


Dazhong Transportation (Group) Co's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dazhong Transportation (Group) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dazhong Transportation (Group) Co's Price-to-Tangible-Book falls into.



Dazhong Transportation (Group) Co Price-to-Tangible-Book Calculation

Dazhong Transportation (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 )
=2.79/3.36
=0.83

* 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.


Dazhong Transportation (Group) Co Price-to-Tangible-Book Related Terms

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Dazhong Transportation (Group) Co (SHSE:600611) Business Description

Traded in Other Exchanges
Address
No. 1515 Zhongshan West Road, Dazhong Building, 22nd Floor, Xuhui District, Shanghai, CHN, 200235
Dazhong Transportation Group is a passenger transportation and property investment company. The company operates taxis and public bus passenger transportation, and maintains, leases, and distributes automobiles. Dazhong Transportation also operates a real estate investment business, which develops, leases, and sells residential and commercial property. In addition, the company provides logistics, tourism, and catering services. The company is headquartered in the People's Republic of China, and generates revenue domestically.

Dazhong Transportation (Group) Co (SHSE:600611) Headlines

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