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Caida Securities Co (SHSE:600906) Price-to-Tangible-Book : 1.90 (As of May. 23, 2024)


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What is Caida Securities Co Price-to-Tangible-Book?

As of today (2024-05-23), Caida Securities Co's share price is ¥6.75. Caida Securities Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.55. Hence, Caida Securities Co's Price to Tangible Book Ratio of today is 1.90.

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

SHSE:600906' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.9   Med: 2.28   Max: 5.07
Current: 1.9

During the past 13 years, Caida Securities Co's highest Price to Tangible Book Ratio was 5.07. The lowest was 1.90. And the median was 2.28.

SHSE:600906's Price-to-Tangible-Book is ranked worse than
60.47% of 726 companies
in the Capital Markets industry
Industry Median: 1.365 vs SHSE:600906: 1.90

A closely related ratio is called PB Ratio. As of today, Caida Securities Co's share price is ¥6.75. Caida Securities Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.60. Hence, Caida Securities Co's P/B Ratio of today is 1.87.


Caida Securities Co Price-to-Tangible-Book Historical Data

The historical data trend for Caida Securities 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.

Caida Securities Co Price-to-Tangible-Book Chart

Caida Securities 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 - - 3.75 2.23 2.13

Caida Securities Co Quarterly Data
Mar19 Jun19 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 2.29 2.08 2.27 2.13 1.99

Competitive Comparison of Caida Securities Co's Price-to-Tangible-Book

For the Capital Markets subindustry, Caida Securities 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.


Caida Securities Co's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Caida Securities Co's Price-to-Tangible-Book distribution charts can be found below:

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



Caida Securities Co Price-to-Tangible-Book Calculation

Caida Securities 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 )
=6.75/3.554
=1.90

* 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.


Caida Securities Co Price-to-Tangible-Book Related Terms

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


Caida Securities Co (SHSE:600906) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Ziqiang Road, Hebei Province, Shijiazhuang, CHN, 050000
Caida Securities Co Ltd is engaged in securities brokerage, securities investment consulting, securities underwriting and sponsorship, securities self-operation, securities asset management, margin trading and securities lending, securities investment fund agency sales, financial advisors related to securities trading and securities investment activities, financial products sales agency.

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