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Baotailong New Materials Co (SHSE:601011) Price-to-Tangible-Book : 1.12 (As of May. 07, 2024)


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What is Baotailong New Materials Co Price-to-Tangible-Book?

As of today (2024-05-07), Baotailong New Materials Co's share price is ¥2.44. Baotailong New Materials Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.18. Hence, Baotailong New Materials Co's Price to Tangible Book Ratio of today is 1.12.

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

SHSE:601011' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.01   Med: 1.75   Max: 3.67
Current: 1.12

During the past 13 years, Baotailong New Materials Co's highest Price to Tangible Book Ratio was 3.67. The lowest was 1.01. And the median was 1.75.

SHSE:601011's Price-to-Tangible-Book is ranked worse than
51.99% of 602 companies
in the Steel industry
Industry Median: 1.055 vs SHSE:601011: 1.12

A closely related ratio is called PB Ratio. As of today, Baotailong New Materials Co's share price is ¥2.44. Baotailong New Materials Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.18. Hence, Baotailong New Materials Co's P/B Ratio of today is 0.77.


Baotailong New Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for Baotailong New Materials 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.

Baotailong New Materials Co Price-to-Tangible-Book Chart

Baotailong New Materials 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 1.36 1.30 1.94 1.15 1.57

Baotailong New Materials 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 1.19 1.18 1.20 1.57 1.15

Competitive Comparison of Baotailong New Materials Co's Price-to-Tangible-Book

For the Coking Coal subindustry, Baotailong New Materials 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.


Baotailong New Materials Co's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Baotailong New Materials Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Baotailong New Materials Co's Price-to-Tangible-Book falls into.



Baotailong New Materials Co Price-to-Tangible-Book Calculation

Baotailong New Materials 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 )
=2.44/2.176
=1.12

* 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.


Baotailong New Materials Co Price-to-Tangible-Book Related Terms

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


Baotailong New Materials Co (SHSE:601011) Business Description

Traded in Other Exchanges
N/A
Address
Number 16 Baotailong Road, Xinxing District, Heilongjiang Province, Qitaihe, CHN, 154600
Baotailong New Materials Co Ltd engages in coal mining, washing, and processing operations in China. Its products include metallurgical coke, coal tar, crude benzene, coal, methanol, fusel oil, fuel oil, naphtha, coal tar pitch, etc. for steel mills and chemical companies. The company is also involved in power generation and steam production activities. It also exports its products to Russia.

Baotailong New Materials Co (SHSE:601011) Headlines

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