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Zhejiang Publishing & Media Co (SHSE:601921) Price-to-Tangible-Book : 1.62 (As of May. 18, 2024)


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What is Zhejiang Publishing & Media Co Price-to-Tangible-Book?

As of today (2024-05-18), Zhejiang Publishing & Media Co's share price is ¥9.27. Zhejiang Publishing & Media Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.72. Hence, Zhejiang Publishing & Media Co's Price to Tangible Book Ratio of today is 1.62.

The historical rank and industry rank for Zhejiang Publishing & Media Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:601921' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.35   Med: 1.53   Max: 2
Current: 1.62

During the past 7 years, Zhejiang Publishing & Media Co's highest Price to Tangible Book Ratio was 2.00. The lowest was 1.35. And the median was 1.53.

SHSE:601921's Price-to-Tangible-Book is ranked better than
56.52% of 782 companies
in the Media - Diversified industry
Industry Median: 1.92 vs SHSE:601921: 1.62

A closely related ratio is called PB Ratio. As of today, Zhejiang Publishing & Media Co's share price is ¥9.27. Zhejiang Publishing & Media Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.06. Hence, Zhejiang Publishing & Media Co's P/B Ratio of today is 1.53.


Zhejiang Publishing & Media Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang Publishing & Media 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.

Zhejiang Publishing & Media Co Price-to-Tangible-Book Chart

Zhejiang Publishing & Media Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 1.92 1.38 1.35

Zhejiang Publishing & Media Co Quarterly Data
Dec17 Dec18 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 1.53 1.63 1.46 1.35 1.53

Competitive Comparison of Zhejiang Publishing & Media Co's Price-to-Tangible-Book

For the Publishing subindustry, Zhejiang Publishing & Media 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.


Zhejiang Publishing & Media Co's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhejiang Publishing & Media Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang Publishing & Media Co's Price-to-Tangible-Book falls into.



Zhejiang Publishing & Media Co Price-to-Tangible-Book Calculation

Zhejiang Publishing & Media 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 )
=9.27/5.722
=1.62

* 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.


Zhejiang Publishing & Media Co Price-to-Tangible-Book Related Terms

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Zhejiang Publishing & Media Co (SHSE:601921) Business Description

Traded in Other Exchanges
N/A
Address
No. 347 Tiyuchang Road, 18th Floor, Xiacheng District, Zhejiang Province, Hangzhou, CHN, 310013
Zhejiang Publishing & Media Co Ltd is engaged in the publication, distribution and printing of books, periodicals, audio-visual products and electronic publications.

Zhejiang Publishing & Media Co (SHSE:601921) Headlines

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