Zhuzhou Huarui Precision Tools Co (SHSE:688059) Price-to-Tangible-Book : 3.27 (As of May. 15, 2024)

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What is Zhuzhou Huarui Precision Tools Co Price-to-Tangible-Book?

As of today (2024-05-15), Zhuzhou Huarui Precision Tools Co's share price is ¥66.44. Zhuzhou Huarui Precision Tools Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥20.29. Hence, Zhuzhou Huarui Precision Tools Co's Price to Tangible Book Ratio of today is 3.27.

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

SHSE:688059' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.05 Med: 5.88 Max: 9.46
Current: 3.27

During the past 7 years, Zhuzhou Huarui Precision Tools Co's highest Price to Tangible Book Ratio was 9.46. The lowest was 3.05. And the median was 5.88.

SHSE:688059's Price-to-Tangible-Book is ranked worse than
69.32% of 2829 companies
in the Industrial Products industry
Industry Median: 2.13 vs SHSE:688059: 3.27

A closely related ratio is called PB Ratio. As of today, Zhuzhou Huarui Precision Tools Co's share price is ¥66.44. Zhuzhou Huarui Precision Tools Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥20.69. Hence, Zhuzhou Huarui Precision Tools Co's P/B Ratio of today is 3.21.

Zhuzhou Huarui Precision Tools Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhuzhou Huarui Precision Tools 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.

Zhuzhou Huarui Precision Tools Co Price-to-Tangible-Book Chart

Zhuzhou Huarui Precision Tools Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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8.03

6.50

3.95

Zhuzhou Huarui Precision Tools Co Quarterly Data
	Mar19	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															5.88	4.63	4.85	3.95	3.05

Competitive Comparison of Zhuzhou Huarui Precision Tools Co's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Zhuzhou Huarui Precision Tools 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.

Zhuzhou Huarui Precision Tools Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhuzhou Huarui Precision Tools Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhuzhou Huarui Precision Tools Co's Price-to-Tangible-Book falls into.

Zhuzhou Huarui Precision Tools Co Price-to-Tangible-Book Calculation

Zhuzhou Huarui Precision Tools 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 )
	=	66.44	/	20.294
	=	3.27

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Zhuzhou Huarui Precision Tools Co Price-to-Tangible-Book Related Terms

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Zhuzhou Huarui Precision Tools Co (SHSE:688059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhuzhou Huarui Precision Tools Co Ltd (SHSE:688059) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

N/A

Address

No. 68, Chuangye 2nd Road, Lusong District, Hunan Province, Zhuzhou, CHN, 412000

Website

https://www.chinacuttingtools.cn

Zhuzhou Huarui Precision Tools Co Ltd is engaged in research and development, production and sales of cemented carbide tools, solid carbide end mills, welded and clamped cutting tools and cemented carbide material. The company's products are mainly used in aerospace, rail transit, automobile, energy, precision electronics, precision mold and other industries.

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