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Wangli Security & Surveillance Product Co (SHSE:605268) Price-to-Tangible-Book : 2.79 (As of May. 18, 2024)


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What is Wangli Security & Surveillance Product Co Price-to-Tangible-Book?

As of today (2024-05-18), Wangli Security & Surveillance Product Co's share price is ¥9.10. Wangli Security & Surveillance Product Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.26. Hence, Wangli Security & Surveillance Product Co's Price to Tangible Book Ratio of today is 2.79.

The historical rank and industry rank for Wangli Security & Surveillance Product Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:605268' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.47   Med: 3.2   Max: 4.04
Current: 2.79

During the past 8 years, Wangli Security & Surveillance Product Co's highest Price to Tangible Book Ratio was 4.04. The lowest was 2.47. And the median was 3.20.

SHSE:605268's Price-to-Tangible-Book is ranked worse than
59.24% of 866 companies
in the Business Services industry
Industry Median: 2.085 vs SHSE:605268: 2.79

A closely related ratio is called PB Ratio. As of today, Wangli Security & Surveillance Product Co's share price is ¥9.10. Wangli Security & Surveillance Product Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.73. Hence, Wangli Security & Surveillance Product Co's P/B Ratio of today is 2.44.


Wangli Security & Surveillance Product Co Price-to-Tangible-Book Historical Data

The historical data trend for Wangli Security & Surveillance Product 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.

Wangli Security & Surveillance Product Co Price-to-Tangible-Book Chart

Wangli Security & Surveillance Product Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 3.55 2.70 3.02

Wangli Security & Surveillance Product 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 2.93 3.20 3.00 3.02 2.56

Competitive Comparison of Wangli Security & Surveillance Product Co's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Wangli Security & Surveillance Product 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.


Wangli Security & Surveillance Product Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wangli Security & Surveillance Product Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Wangli Security & Surveillance Product Co's Price-to-Tangible-Book falls into.



Wangli Security & Surveillance Product Co Price-to-Tangible-Book Calculation

Wangli Security & Surveillance Product 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 )
=9.10/3.261
=2.79

* 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.


Wangli Security & Surveillance Product Co Price-to-Tangible-Book Related Terms

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Wangli Security & Surveillance Product Co (SHSE:605268) Business Description

Traded in Other Exchanges
N/A
Address
Hardware Technology Industrial Park, Zhejiang Province, Yongkang, CHN, 321300
Wangli Security & Surveillance Product Co Ltd is engaged in the research and development, design, production and sales of door products such as security doors and lock products such as mechanical locks and smart locks.

Wangli Security & Surveillance Product Co (SHSE:605268) Headlines

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