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Zhongshan Public Utilities Group Co (SZSE:000685) Price-to-Tangible-Book : 0.88 (As of May. 28, 2024)


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What is Zhongshan Public Utilities Group Co Price-to-Tangible-Book?

As of today (2024-05-28), Zhongshan Public Utilities Group Co's share price is ¥7.71. Zhongshan Public Utilities Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥8.73. Hence, Zhongshan Public Utilities Group Co's Price to Tangible Book Ratio of today is 0.88.

The historical rank and industry rank for Zhongshan Public Utilities Group Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000685' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72   Med: 1.05   Max: 2.53
Current: 0.88

During the past 13 years, Zhongshan Public Utilities Group Co's highest Price to Tangible Book Ratio was 2.53. The lowest was 0.72. And the median was 1.05.

SZSE:000685's Price-to-Tangible-Book is ranked better than
78.09% of 470 companies
in the Utilities - Regulated industry
Industry Median: 1.78 vs SZSE:000685: 0.88

A closely related ratio is called PB Ratio. As of today, Zhongshan Public Utilities Group Co's share price is ¥7.71. Zhongshan Public Utilities Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥11.27. Hence, Zhongshan Public Utilities Group Co's P/B Ratio of today is 0.68.


Zhongshan Public Utilities Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhongshan Public Utilities Group 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.

Zhongshan Public Utilities Group Co Price-to-Tangible-Book Chart

Zhongshan Public Utilities Group 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 1.02 1.03 1.01 0.87 0.86

Zhongshan Public Utilities Group 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 0.85 0.92 0.89 0.86 0.88

Competitive Comparison of Zhongshan Public Utilities Group Co's Price-to-Tangible-Book

For the Utilities - Regulated Water subindustry, Zhongshan Public Utilities Group 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.


Zhongshan Public Utilities Group Co's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Zhongshan Public Utilities Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhongshan Public Utilities Group Co's Price-to-Tangible-Book falls into.



Zhongshan Public Utilities Group Co Price-to-Tangible-Book Calculation

Zhongshan Public Utilities Group 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 )
=7.71/8.728
=0.88

* 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.


Zhongshan Public Utilities Group Co Price-to-Tangible-Book Related Terms

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


Zhongshan Public Utilities Group Co (SZSE:000685) Business Description

Traded in Other Exchanges
N/A
Address
18 Xingzhong Road, North Block, Caixing Building, Zhongshan, Guangdong, CHN, 528403
Zhongshan Public Utilities Group Co Ltd is engaged in providing integrated environmental protection services for urban water supply and wastewater treatment. The company also deals in agricultural products, financial products, transport services, construction of municipal utilities, and solid waste treatment.
Executives
Chen Xiao Hong Executives
Liu Xue Tao Directors, executives
Lu Yi Liao Director
Zhang Lei Directors, executives
Ceng Zhi Yao Supervisors

Zhongshan Public Utilities Group Co (SZSE:000685) Headlines

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