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Longyan Kaolin Clay Co (SHSE:605086) Price-to-Tangible-Book : 3.41 (As of May. 23, 2024)


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What is Longyan Kaolin Clay Co Price-to-Tangible-Book?

As of today (2024-05-23), Longyan Kaolin Clay Co's share price is ¥24.11. Longyan Kaolin Clay Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥7.08. Hence, Longyan Kaolin Clay Co's Price to Tangible Book Ratio of today is 3.41.

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

SHSE:605086' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.93   Med: 3.49   Max: 4.65
Current: 3.41

During the past 8 years, Longyan Kaolin Clay Co's highest Price to Tangible Book Ratio was 4.65. The lowest was 2.93. And the median was 3.49.

SHSE:605086's Price-to-Tangible-Book is ranked worse than
78.97% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.4 vs SHSE:605086: 3.41

A closely related ratio is called PB Ratio. As of today, Longyan Kaolin Clay Co's share price is ¥24.11. Longyan Kaolin Clay Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥9.43. Hence, Longyan Kaolin Clay Co's P/B Ratio of today is 2.56.


Longyan Kaolin Clay Co Price-to-Tangible-Book Historical Data

The historical data trend for Longyan Kaolin Clay 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.

Longyan Kaolin Clay Co Price-to-Tangible-Book Chart

Longyan Kaolin Clay Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 4.32 3.16 4.06

Longyan Kaolin Clay Co Quarterly Data
Dec18 Jun19 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 3.47 3.32 3.21 4.06 3.51

Competitive Comparison of Longyan Kaolin Clay Co's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Longyan Kaolin Clay 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.


Longyan Kaolin Clay Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Longyan Kaolin Clay Co's Price-to-Tangible-Book distribution charts can be found below:

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



Longyan Kaolin Clay Co Price-to-Tangible-Book Calculation

Longyan Kaolin Clay 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 )
=24.11/7.078
=3.41

* 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.


Longyan Kaolin Clay Co Price-to-Tangible-Book Related Terms

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


Longyan Kaolin Clay Co (SHSE:605086) Business Description

Traded in Other Exchanges
N/A
Address
No.260 Longyan Avenue, Xibei Street, Floor 10-12, State-owned Building, Xinluo District, Fujian Province, Longyan, CHN, 364000
Longyan Kaolin Clay Co Ltd is engaged in the selection, processing and sales of kaolin. The company's main products are kaolin ore, 325 mesh kaolin concentrate, super Longyan kaolin, and modified kaolin. The products have the characteristics of low iron, titanium and other harmful impurities, high firing whiteness, and good ceramic performance. It is widely used in daily ceramics, arts and crafts ceramics and high-end architectural ceramics.

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