GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Shede Spirits Co Ltd (SHSE:600702) » Definitions » Price-to-Tangible-Book

Shede Spirits Co (SHSE:600702) Price-to-Tangible-Book : 3.50 (As of May. 11, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Shede Spirits Co Price-to-Tangible-Book?

As of today (2024-05-11), Shede Spirits Co's share price is ¥76.14. Shede Spirits Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥21.78. Hence, Shede Spirits Co's Price to Tangible Book Ratio of today is 3.50.

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

SHSE:600702' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.7   Med: 4.09   Max: 18.12
Current: 3.5

During the past 13 years, Shede Spirits Co's highest Price to Tangible Book Ratio was 18.12. The lowest was 1.70. And the median was 4.09.

SHSE:600702's Price-to-Tangible-Book is ranked worse than
67.78% of 180 companies
in the Beverages - Alcoholic industry
Industry Median: 2.2 vs SHSE:600702: 3.50

A closely related ratio is called PB Ratio. As of today, Shede Spirits Co's share price is ¥76.14. Shede Spirits Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥23.03. Hence, Shede Spirits Co's P/B Ratio of today is 3.31.


Shede Spirits Co Price-to-Tangible-Book Historical Data

The historical data trend for Shede Spirits 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.

Shede Spirits Co Price-to-Tangible-Book Chart

Shede Spirits 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 3.49 8.69 16.81 8.80 4.73

Shede Spirits 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 9.93 6.50 6.52 4.73 3.53

Competitive Comparison of Shede Spirits Co's Price-to-Tangible-Book

For the Beverages - Wineries & Distilleries subindustry, Shede Spirits 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.


Shede Spirits Co's Price-to-Tangible-Book Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shede Spirits Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shede Spirits Co's Price-to-Tangible-Book falls into.



Shede Spirits Co Price-to-Tangible-Book Calculation

Shede Spirits 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 )
=76.14/21.775
=3.50

* 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.


Shede Spirits Co Price-to-Tangible-Book Related Terms

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


Shede Spirits Co (SHSE:600702) Business Description

Traded in Other Exchanges
N/A
Address
No. 999, Tuopai Avenue, Tuopai Town, Shehong County, Sichuan Province, Suining, CHN, 629209
Shede Spirits Co Ltd manufactures liquor products. The company produces high-end liquor, low-end liquor, mid-end liquor, and other products. Shede Spirits markets its products throughout China.

Shede Spirits Co (SHSE:600702) Headlines

No Headlines