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CNOOC Energy Technology & Services (SHSE:600968) Price-to-Tangible-Book : 1.81 (As of May. 05, 2024)


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What is CNOOC Energy Technology & Services Price-to-Tangible-Book?

As of today (2024-05-05), CNOOC Energy Technology & Services's share price is ¥4.07. CNOOC Energy Technology & Services's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.25. Hence, CNOOC Energy Technology & Services's Price to Tangible Book Ratio of today is 1.81.

The historical rank and industry rank for CNOOC Energy Technology & Services's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600968' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.3   Med: 1.49   Max: 1.91
Current: 1.81

During the past 11 years, CNOOC Energy Technology & Services's highest Price to Tangible Book Ratio was 1.91. The lowest was 1.30. And the median was 1.49.

SHSE:600968's Price-to-Tangible-Book is ranked worse than
63.76% of 930 companies
in the Oil & Gas industry
Industry Median: 1.32 vs SHSE:600968: 1.81

A closely related ratio is called PB Ratio. As of today, CNOOC Energy Technology & Services's share price is ¥4.07. CNOOC Energy Technology & Services's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.47. Hence, CNOOC Energy Technology & Services's P/B Ratio of today is 1.65.


CNOOC Energy Technology & Services Price-to-Tangible-Book Historical Data

The historical data trend for CNOOC Energy Technology & Services'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.

CNOOC Energy Technology & Services Price-to-Tangible-Book Chart

CNOOC Energy Technology & Services 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 1.80 1.38 1.62 1.47 1.30

CNOOC Energy Technology & Services 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 1.64 1.51 1.55 1.30 1.58

Competitive Comparison of CNOOC Energy Technology & Services's Price-to-Tangible-Book

For the Oil & Gas Equipment & Services subindustry, CNOOC Energy Technology & Services'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.


CNOOC Energy Technology & Services's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CNOOC Energy Technology & Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CNOOC Energy Technology & Services's Price-to-Tangible-Book falls into.



CNOOC Energy Technology & Services Price-to-Tangible-Book Calculation

CNOOC Energy Technology & Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=4.07/2.246
=1.81

* 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.


CNOOC Energy Technology & Services Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of CNOOC Energy Technology & Services's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


CNOOC Energy Technology & Services (SHSE:600968) Business Description

Traded in Other Exchanges
N/A
Address
Number 6 Waizhi Street, Haiyou Building, Dongzhimen, Dongcheng District, Beijing, CHN, 100027
CNOOC Energy Technology & Services Ltd is a diversified industrial group that covers most of the upstream and downstream sectors of the oil and gas industry chain, forming four core business segments: energy technology services, FPSO production technology services , energy logistics services, safety, environmental protection and energy conservation.

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