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Changjiang Securities Company (SZSE:000783) Price-to-Tangible-Book : 0.80 (As of Jun. 03, 2024)


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What is Changjiang Securities Company Price-to-Tangible-Book?

As of today (2024-06-03), Changjiang Securities Company's share price is ¥5.42. Changjiang Securities Company's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.75. Hence, Changjiang Securities Company's Price to Tangible Book Ratio of today is 0.80.

The historical rank and industry rank for Changjiang Securities Company's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000783' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76   Med: 1.44   Max: 5.79
Current: 0.8

During the past 13 years, Changjiang Securities Company's highest Price to Tangible Book Ratio was 5.79. The lowest was 0.76. And the median was 1.44.

SZSE:000783's Price-to-Tangible-Book is ranked better than
70.87% of 721 companies
in the Capital Markets industry
Industry Median: 1.34 vs SZSE:000783: 0.80

A closely related ratio is called PB Ratio. As of today, Changjiang Securities Company's share price is ¥5.42. Changjiang Securities Company's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.77. Hence, Changjiang Securities Company's P/B Ratio of today is 0.80.


Changjiang Securities Company Price-to-Tangible-Book Historical Data

The historical data trend for Changjiang Securities Company'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.

Changjiang Securities Company Price-to-Tangible-Book Chart

Changjiang Securities Company 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 1.42 1.61 1.36 0.96 0.86

Changjiang Securities Company 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 0.90 0.94 0.95 0.86 0.76

Competitive Comparison of Changjiang Securities Company's Price-to-Tangible-Book

For the Capital Markets subindustry, Changjiang Securities Company'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.


Changjiang Securities Company's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Changjiang Securities Company's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Changjiang Securities Company's Price-to-Tangible-Book falls into.



Changjiang Securities Company Price-to-Tangible-Book Calculation

Changjiang Securities Company's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=5.42/6.745
=0.80

* 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.


Changjiang Securities Company Price-to-Tangible-Book Related Terms

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


Changjiang Securities Company (SZSE:000783) Business Description

Traded in Other Exchanges
N/A
Address
No. Te 8 Xinhua Road, Jianghan District, Wuhan, Hubei, CHN, 430015
Changjiang Securities Company Ltd is a financial service company. The company engages in securities brokerage, investment banking, asset management, fixed-income business, fund management, and futures and direct investment. Geographically the company operates in China.
Executives
Shen Xiao Lin Supervisors
Cui Shao Hua Director
Hu Si Yong Supervisors
Gao Pei Yong Independent director
Song Qiu Ming Supervisors
Liu Xiao Xin Executives

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