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Jilin Joinature Polymer Co (SHSE:688716) Price-to-Tangible-Book : 2.55 (As of Jun. 04, 2024)


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What is Jilin Joinature Polymer Co Price-to-Tangible-Book?

As of today (2024-06-04), Jilin Joinature Polymer Co's share price is ¥22.77. Jilin Joinature Polymer Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥8.93. Hence, Jilin Joinature Polymer Co's Price to Tangible Book Ratio of today is 2.55.

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

SHSE:688716' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.55   Med: 3.3   Max: 4.43
Current: 2.55

During the past 9 years, Jilin Joinature Polymer Co's highest Price to Tangible Book Ratio was 4.43. The lowest was 2.55. And the median was 3.30.

SHSE:688716's Price-to-Tangible-Book is ranked worse than
65.65% of 1482 companies
in the Chemicals industry
Industry Median: 1.785 vs SHSE:688716: 2.55

A closely related ratio is called PB Ratio. As of today, Jilin Joinature Polymer Co's share price is ¥22.77. Jilin Joinature Polymer Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥9.51. Hence, Jilin Joinature Polymer Co's P/B Ratio of today is 2.39.


Jilin Joinature Polymer Co Price-to-Tangible-Book Historical Data

The historical data trend for Jilin Joinature Polymer 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.

Jilin Joinature Polymer Co Price-to-Tangible-Book Chart

Jilin Joinature Polymer Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - - - - 4.43

Jilin Joinature Polymer Co Quarterly Data
Dec13 Dec14 Dec17 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Jun21 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 - - 3.11 4.43 3.30

Competitive Comparison of Jilin Joinature Polymer Co's Price-to-Tangible-Book

For the Chemicals subindustry, Jilin Joinature Polymer 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.


Jilin Joinature Polymer Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jilin Joinature Polymer Co's Price-to-Tangible-Book distribution charts can be found below:

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



Jilin Joinature Polymer Co Price-to-Tangible-Book Calculation

Jilin Joinature Polymer 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 )
=22.77/8.925
=2.55

* 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.


Jilin Joinature Polymer Co Price-to-Tangible-Book Related Terms

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


Jilin Joinature Polymer Co (SHSE:688716) Business Description

Traded in Other Exchanges
N/A
Address
No. 1177, Zhongyan Road, Advanced Manufacturing Park, Luyuan Economic Development Zone, Luyuan, Jilin, Changchun, CHN, 130113
Jilin Joinature Polymer Co Ltd is a high-tech enterprise integrating research & development, production and sales of polyetheretherketone (PEEK). The company's main product is PEEK in the form of resin, forming an existing product system of two categories, three grades, and six series with a total of 52 specifications and grades. The company's main products are divided into two categories: pure resin and composite reinforced resin.

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