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Xianheng International Science & Technology Co (SHSE:605056) Price-to-Tangible-Book : 3.64 (As of May. 14, 2024)


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What is Xianheng International Science & Technology Co Price-to-Tangible-Book?

As of today (2024-05-14), Xianheng International Science & Technology Co's share price is ¥12.69. Xianheng International Science & Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.49. Hence, Xianheng International Science & Technology Co's Price to Tangible Book Ratio of today is 3.64.

The historical rank and industry rank for Xianheng International Science & Technology Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:605056' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.55   Med: 4.24   Max: 5.61
Current: 3.64

During the past 7 years, Xianheng International Science & Technology Co's highest Price to Tangible Book Ratio was 5.61. The lowest was 3.55. And the median was 4.24.

SHSE:605056's Price-to-Tangible-Book is ranked worse than
73.77% of 2829 companies
in the Industrial Products industry
Industry Median: 2.13 vs SHSE:605056: 3.64

A closely related ratio is called PB Ratio. As of today, Xianheng International Science & Technology Co's share price is ¥12.69. Xianheng International Science & Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.85. Hence, Xianheng International Science & Technology Co's P/B Ratio of today is 3.30.


Xianheng International Science & Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Xianheng International Science & Technology 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.

Xianheng International Science & Technology Co Price-to-Tangible-Book Chart

Xianheng International Science & Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 5.61 3.55 4.47

Xianheng International Science & Technology 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 3.58 4.41 3.81 4.47 3.96

Competitive Comparison of Xianheng International Science & Technology Co's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Xianheng International Science & Technology 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.


Xianheng International Science & Technology Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xianheng International Science & Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Xianheng International Science & Technology Co's Price-to-Tangible-Book falls into.



Xianheng International Science & Technology Co Price-to-Tangible-Book Calculation

Xianheng International Science & Technology 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 )
=12.69/3.489
=3.64

* 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.


Xianheng International Science & Technology Co Price-to-Tangible-Book Related Terms

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Xianheng International Science & Technology Co (SHSE:605056) Business Description

Traded in Other Exchanges
N/A
Address
Room E10, No.889 Jiangcheng Road, Shangcheng District, Zhejiang Province, Hangzhou, CHN, 310009
Xianheng International Science & Technology Co Ltd is an intensive MRO supplier of tools, instruments and other products. It mainly serves the power industry and also involves emergency, railway, urban rail transit, petroleum and petrochemicals and other fields. It specializes in the research and development, production, sales and technical services of independent products in the mentioned fields.

Xianheng International Science & Technology Co (SHSE:605056) Headlines

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