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Xianhe Co (SHSE:603733) Price-to-Tangible-Book : 1.94 (As of May. 05, 2024)


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What is Xianhe Co Price-to-Tangible-Book?

As of today (2024-05-05), Xianhe Co's share price is ¥18.19. Xianhe Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥9.38. Hence, Xianhe Co's Price to Tangible Book Ratio of today is 1.94.

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

SHSE:603733' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.79   Med: 3.09   Max: 5.57
Current: 1.94

During the past 11 years, Xianhe Co's highest Price to Tangible Book Ratio was 5.57. The lowest was 1.79. And the median was 3.09.

SHSE:603733's Price-to-Tangible-Book is ranked worse than
77.78% of 279 companies
in the Forest Products industry
Industry Median: 1.04 vs SHSE:603733: 1.94

A closely related ratio is called PB Ratio. As of today, Xianhe Co's share price is ¥18.19. Xianhe Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥10.76. Hence, Xianhe Co's P/B Ratio of today is 1.69.


Xianhe Co Price-to-Tangible-Book Historical Data

The historical data trend for Xianhe 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.

Xianhe Co Price-to-Tangible-Book Chart

Xianhe 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 2.61 3.64 4.89 3.53 1.79

Xianhe 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 2.92 2.47 2.10 1.79 1.82

Competitive Comparison of Xianhe Co's Price-to-Tangible-Book

For the Paper & Paper Products subindustry, Xianhe 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.


Xianhe Co's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Xianhe Co's Price-to-Tangible-Book distribution charts can be found below:

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



Xianhe Co Price-to-Tangible-Book Calculation

Xianhe 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 )
=18.19/9.383
=1.94

* 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.


Xianhe Co Price-to-Tangible-Book Related Terms

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


Xianhe Co (SHSE:603733) Business Description

Traded in Other Exchanges
N/A
Address
Tongjiang Road, No. 81, Shenjia Economic Development Zone, Hanjiang District, Zhejiang Province, Shengzhou, CHN, 324022
Xianhe Co Ltd develops and produces specialty papers, pulps, paper products, and relevant chemical additives. Its products include cigarette industry paper, decorative base paper, commercial and communication paper, anti-fake paper, low basis weight publishing and printing paper, transfer paper, food and medical packing paper, label release paper, electrical and industrial paper, and specialty pulp.

Xianhe Co (SHSE:603733) Headlines

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