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CTS International Logistics (SHSE:603128) Price-to-Tangible-Book : 2.06 (As of May. 16, 2024)


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What is CTS International Logistics Price-to-Tangible-Book?

As of today (2024-05-16), CTS International Logistics's share price is ¥7.06. CTS International Logistics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.42. Hence, CTS International Logistics's Price to Tangible Book Ratio of today is 2.06.

The historical rank and industry rank for CTS International Logistics's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603128' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.79   Med: 3.39   Max: 8.73
Current: 2.06

During the past 13 years, CTS International Logistics's highest Price to Tangible Book Ratio was 8.73. The lowest was 1.79. And the median was 3.39.

SHSE:603128's Price-to-Tangible-Book is ranked worse than
64.88% of 877 companies
in the Transportation industry
Industry Median: 1.43 vs SHSE:603128: 2.06

A closely related ratio is called PB Ratio. As of today, CTS International Logistics's share price is ¥7.06. CTS International Logistics's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.60. Hence, CTS International Logistics's P/B Ratio of today is 1.54.


CTS International Logistics Price-to-Tangible-Book Historical Data

The historical data trend for CTS International Logistics'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.

CTS International Logistics Price-to-Tangible-Book Chart

CTS International Logistics 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 2.44 4.01 5.74 3.69 2.26

CTS International Logistics 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 3.09 3.19 2.11 2.26 1.94

Competitive Comparison of CTS International Logistics's Price-to-Tangible-Book

For the Integrated Freight & Logistics subindustry, CTS International Logistics'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.


CTS International Logistics's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CTS International Logistics's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CTS International Logistics's Price-to-Tangible-Book falls into.



CTS International Logistics Price-to-Tangible-Book Calculation

CTS International Logistics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=7.06/3.423
=2.06

* 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.


CTS International Logistics Price-to-Tangible-Book Related Terms

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


CTS International Logistics (SHSE:603128) Business Description

Traded in Other Exchanges
N/A
Address
20th Floor, Tian An Center, No. 338 Nanjing Xi Road, Shanghai, CHN, 200003
CTS International Logistics Corp Ltd operates in the logistics industry. The company mainly focuses on cross-border comprehensive logistics and supply chain trade services. It provides air freight, ocean freight, multi transportation, project logistics, supply chain trading, warehousing and cross-border logistics services.

CTS International Logistics (SHSE:603128) Headlines

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