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Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) Price-to-Tangible-Book : 1.78 (As of May. 13, 2024)


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What is Shanghai Jinjiang Shipping (Group) Co Price-to-Tangible-Book?

As of today (2024-05-13), Shanghai Jinjiang Shipping (Group) Co's share price is ¥11.26. Shanghai Jinjiang Shipping (Group) Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.34. Hence, Shanghai Jinjiang Shipping (Group) Co's Price to Tangible Book Ratio of today is 1.78.

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

SHSE:601083' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52   Med: 1.76   Max: 2
Current: 1.78

During the past 5 years, Shanghai Jinjiang Shipping (Group) Co's highest Price to Tangible Book Ratio was 2.00. The lowest was 1.52. And the median was 1.76.

SHSE:601083's Price-to-Tangible-Book is ranked worse than
56.96% of 876 companies
in the Transportation industry
Industry Median: 1.455 vs SHSE:601083: 1.78

A closely related ratio is called PB Ratio. As of today, Shanghai Jinjiang Shipping (Group) Co's share price is ¥11.26. Shanghai Jinjiang Shipping (Group) Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.36. Hence, Shanghai Jinjiang Shipping (Group) Co's P/B Ratio of today is 1.77.


Shanghai Jinjiang Shipping (Group) Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Jinjiang Shipping (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.

Shanghai Jinjiang Shipping (Group) Co Price-to-Tangible-Book Chart

Shanghai Jinjiang Shipping (Group) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - - 2.00

Shanghai Jinjiang Shipping (Group) Co Quarterly Data
Dec19 Dec20 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 - - - 2.00 1.52

Competitive Comparison of Shanghai Jinjiang Shipping (Group) Co's Price-to-Tangible-Book

For the Marine Shipping subindustry, Shanghai Jinjiang Shipping (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.


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

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

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



Shanghai Jinjiang Shipping (Group) Co Price-to-Tangible-Book Calculation

Shanghai Jinjiang Shipping (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 )
=11.26/6.342
=1.78

* 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.


Shanghai Jinjiang Shipping (Group) Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Shanghai Jinjiang Shipping (Group) Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 98 Huaihai Middle Road, 15th Floor, Admiralty Plaza, Shanghai, CHN, 200021
Shanghai Jinjiang Shipping (Group) Co Ltd is engaged in International and domestic maritime container transportation business.

Shanghai Jinjiang Shipping (Group) Co (SHSE:601083) Headlines

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