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Asian Star Anchor Chain Co (SHSE:601890) Price-to-Tangible-Book : 2.19 (As of May. 28, 2024)


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What is Asian Star Anchor Chain Co Price-to-Tangible-Book?

As of today (2024-05-28), Asian Star Anchor Chain Co's share price is ¥7.70. Asian Star Anchor Chain Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.52. Hence, Asian Star Anchor Chain Co's Price to Tangible Book Ratio of today is 2.19.

The historical rank and industry rank for Asian Star Anchor Chain Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:601890' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24   Med: 2.38   Max: 4.52
Current: 2.19

During the past 13 years, Asian Star Anchor Chain Co's highest Price to Tangible Book Ratio was 4.52. The lowest was 1.24. And the median was 2.38.

SHSE:601890's Price-to-Tangible-Book is ranked worse than
64.44% of 135 companies
in the Industrial Distribution industry
Industry Median: 1.26 vs SHSE:601890: 2.19

A closely related ratio is called PB Ratio. As of today, Asian Star Anchor Chain Co's share price is ¥7.70. Asian Star Anchor Chain Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.66. Hence, Asian Star Anchor Chain Co's P/B Ratio of today is 2.10.


Asian Star Anchor Chain Co Price-to-Tangible-Book Historical Data

The historical data trend for Asian Star Anchor Chain 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.

Asian Star Anchor Chain Co Price-to-Tangible-Book Chart

Asian Star Anchor Chain 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 1.94 2.16 2.99 2.73 2.88

Asian Star Anchor Chain 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 2.87 3.48 2.84 2.88 2.38

Competitive Comparison of Asian Star Anchor Chain Co's Price-to-Tangible-Book

For the Industrial Distribution subindustry, Asian Star Anchor Chain 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.


Asian Star Anchor Chain Co's Price-to-Tangible-Book Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Asian Star Anchor Chain Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Asian Star Anchor Chain Co's Price-to-Tangible-Book falls into.



Asian Star Anchor Chain Co Price-to-Tangible-Book Calculation

Asian Star Anchor Chain 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 )
=7.70/3.515
=2.19

* 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.


Asian Star Anchor Chain Co Price-to-Tangible-Book Related Terms

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


Asian Star Anchor Chain Co (SHSE:601890) Business Description

Traded in Other Exchanges
N/A
Address
Number 88, Meirengang Road, Dongxing, Jiangsu, Jingjiang, CHN, 214533
Asian Star Anchor Chain Co Ltd is engaged in the production and distribution of marine anchor chains and marine mooring chains. It mainly provides marine anchor chains and ocean platform mooring chains, as well as related parts and components. The company also offers accessories comprising Kenter Shackle, Joining Shackle, Swivel, End Shackle and Other fittings.
Executives
Tao Liang Feng Director
Wang Gui Qin Director
Zhang Wei Xin Director
Shen Yi Cheng Director
Wang Ji Ping Supervisors
Guo Lian Chun Supervisors
Wu Han Qi senior management
Tao Xing Director
Tao An Xiang Director
Lu Wei Lai senior management
Zhu Le Qing Director
Qian Xiu Hua Supervisors
Xu Jian Zhang Supervisors
Li Han Ming Director
Chang Jia Hong Supervisors

Asian Star Anchor Chain Co (SHSE:601890) Headlines

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