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China High-Speed Railway Technology Co (SZSE:000008) Price-to-Tangible-Book : 6.18 (As of May. 30, 2024)


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What is China High-Speed Railway Technology Co Price-to-Tangible-Book?

As of today (2024-05-30), China High-Speed Railway Technology Co's share price is ¥2.10. China High-Speed Railway Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥0.34. Hence, China High-Speed Railway Technology Co's Price to Tangible Book Ratio of today is 6.18.

The historical rank and industry rank for China High-Speed Railway Technology Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000008' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.02   Med: 4.52   Max: 17.71
Current: 6.18

During the past 13 years, China High-Speed Railway Technology Co's highest Price to Tangible Book Ratio was 17.71. The lowest was 2.02. And the median was 4.52.

SZSE:000008's Price-to-Tangible-Book is ranked worse than
88.73% of 1509 companies
in the Construction industry
Industry Median: 1.33 vs SZSE:000008: 6.18

A closely related ratio is called PB Ratio. As of today, China High-Speed Railway Technology Co's share price is ¥2.10. China High-Speed Railway Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥1.29. Hence, China High-Speed Railway Technology Co's P/B Ratio of today is 1.63.


China High-Speed Railway Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for China High-Speed Railway 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.

China High-Speed Railway Technology Co Price-to-Tangible-Book Chart

China High-Speed Railway Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.88 2.22 4.20 4.40 6.63

China High-Speed Railway Technology 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 4.56 4.57 4.92 6.63 7.29

Competitive Comparison of China High-Speed Railway Technology Co's Price-to-Tangible-Book

For the Infrastructure Operations subindustry, China High-Speed Railway 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.


China High-Speed Railway Technology Co's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, China High-Speed Railway Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China High-Speed Railway Technology Co's Price-to-Tangible-Book falls into.



China High-Speed Railway Technology Co Price-to-Tangible-Book Calculation

China High-Speed Railway 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 )
=2.10/0.34
=6.18

* 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.


China High-Speed Railway Technology Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of China High-Speed Railway Technology Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


China High-Speed Railway Technology Co (SZSE:000008) Business Description

Traded in Other Exchanges
N/A
Address
Gaoliangqiao Street, 16 / F, Building 1, No. 59, Haidian District, Beijing, CHN, 100044
China High-Speed Railway Technology Co Ltd is a China-based company engages in the operation and maintenance of rail transit. Its products include high power locomotive, long rail welding, and maintenance series, power supply system operation, railway intelligent equipment and station scheduling series. It provides overall solutions, core equipment, and integrated services for rail transit operations and maintenance.
Executives
Wang Zhi Quan Directors, executives
Gao Hui Supervisors
Wang Li Qun Executives
Chen Wen He Securities Affairs Representative
Lai Wei Qiang Director
Xu Jin Independent director
Chen Han Lun Supervisors
Yang Jian Supervisors

China High-Speed Railway Technology Co (SZSE:000008) Headlines

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