Shenzhen Cereals Holdings Co (SZSE:000019) Price-to-Tangible-Book : 1.79 (As of May. 22, 2024)

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What is Shenzhen Cereals Holdings Co Price-to-Tangible-Book?

As of today (2024-05-22), Shenzhen Cereals Holdings Co's share price is ¥6.75. Shenzhen Cereals Holdings Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.77. Hence, Shenzhen Cereals Holdings Co's Price to Tangible Book Ratio of today is 1.79.

The historical rank and industry rank for Shenzhen Cereals Holdings Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000019' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.75 Med: 2.39 Max: 14.14
Current: 1.79

During the past 13 years, Shenzhen Cereals Holdings Co's highest Price to Tangible Book Ratio was 14.14. The lowest was 1.75. And the median was 2.39.

SZSE:000019's Price-to-Tangible-Book is ranked worse than
51.2% of 1709 companies
in the Consumer Packaged Goods industry
Industry Median: 1.74 vs SZSE:000019: 1.79

A closely related ratio is called PB Ratio. As of today, Shenzhen Cereals Holdings Co's share price is ¥6.75. Shenzhen Cereals Holdings Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.24. Hence, Shenzhen Cereals Holdings Co's P/B Ratio of today is 1.59.

Shenzhen Cereals Holdings Co Price-to-Tangible-Book Historical Data

The historical data trend for Shenzhen Cereals Holdings 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.

Shenzhen Cereals Holdings Co Price-to-Tangible-Book Chart

Shenzhen Cereals Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.83

2.16

2.00

2.08

2.03

Shenzhen Cereals Holdings 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															2.09	2.10	2.02	2.03	1.76

Competitive Comparison of Shenzhen Cereals Holdings Co's Price-to-Tangible-Book

For the Packaged Foods subindustry, Shenzhen Cereals Holdings 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.

Shenzhen Cereals Holdings Co's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shenzhen Cereals Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shenzhen Cereals Holdings Co's Price-to-Tangible-Book falls into.

Shenzhen Cereals Holdings Co Price-to-Tangible-Book Calculation

Shenzhen Cereals Holdings 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 )
	=	6.75	/	3.773
	=	1.79

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.

Shenzhen Cereals Holdings Co Price-to-Tangible-Book Related Terms

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Shenzhen Cereals Holdings Co (SZSE:000019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenzhen Cereals Holdings Co Ltd (SZSE:000019) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

200019:China

Address

No. 9 Fuhong Road, 13th Floor, Tower A, World Trade Plaza, Futian District, Shenzhen, CHN, 518033

Website

http://www.slkg1949.com

Shenzhen Cereals Holdings Co Ltd is in the business of tea refining and tea sales, tea e-commerce, food and beverage, research and development. Its products include instant tea powder, juice, oyster sauce, chicken and seafood sauce, lemon tea, herbal tea, and other drinks. The company sells its products under the brand names of Golden eagle, Jufangyong, Gutan, Fuhai tong, Mitsui, Shenbao and others. It focuses on tea industry development, established industrial chain involving tea cultivation, purified tea, tea extract, tea cultural experience, e-commerce, tea trading platform, and finance. The company is also engaged in grain and oil processing and sale of flour, rice, cooking oil and other products.

Shenzhen Cereals Holdings Co (SZSE:000019) Headlines

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