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Ningxia Orient Tantalum Industry Co (SZSE:000962) Price-to-Tangible-Book : 2.67 (As of May. 12, 2024)


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What is Ningxia Orient Tantalum Industry Co Price-to-Tangible-Book?

As of today (2024-05-12), Ningxia Orient Tantalum Industry Co's share price is ¥12.23. Ningxia Orient Tantalum Industry Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.59. Hence, Ningxia Orient Tantalum Industry Co's Price to Tangible Book Ratio of today is 2.67.

The historical rank and industry rank for Ningxia Orient Tantalum Industry Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000962' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.94   Med: 3.28   Max: 4.6
Current: 2.67

During the past 13 years, Ningxia Orient Tantalum Industry Co's highest Price to Tangible Book Ratio was 4.60. The lowest was 1.94. And the median was 3.28.

SZSE:000962's Price-to-Tangible-Book is ranked worse than
73.81% of 2230 companies
in the Metals & Mining industry
Industry Median: 1.35 vs SZSE:000962: 2.67

A closely related ratio is called PB Ratio. As of today, Ningxia Orient Tantalum Industry Co's share price is ¥12.23. Ningxia Orient Tantalum Industry Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.85. Hence, Ningxia Orient Tantalum Industry Co's P/B Ratio of today is 2.52.


Ningxia Orient Tantalum Industry Co Price-to-Tangible-Book Historical Data

The historical data trend for Ningxia Orient Tantalum Industry 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.

Ningxia Orient Tantalum Industry Co Price-to-Tangible-Book Chart

Ningxia Orient Tantalum Industry 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 2.82 3.46 4.31 2.78 2.76

Ningxia Orient Tantalum Industry 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 3.58 3.63 2.59 2.76 2.46

Competitive Comparison of Ningxia Orient Tantalum Industry Co's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Ningxia Orient Tantalum Industry 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.


Ningxia Orient Tantalum Industry Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ningxia Orient Tantalum Industry Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ningxia Orient Tantalum Industry Co's Price-to-Tangible-Book falls into.



Ningxia Orient Tantalum Industry Co Price-to-Tangible-Book Calculation

Ningxia Orient Tantalum Industry 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 )
=12.23/4.588
=2.67

* 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.


Ningxia Orient Tantalum Industry Co Price-to-Tangible-Book Related Terms

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Ningxia Orient Tantalum Industry Co (SZSE:000962) Business Description

Traded in Other Exchanges
N/A
Address
No.119 Yanjin Road, Ningxia, Shizuishan, CHN, 753000
Ningxia Orient Tantalum Industry Co Ltd is specialized in research, development, and production of rare metals in China. It produces metals and alloys of tantalum, niobium, beryllium, and titanium, as well as SiC and PV abrasive materials, battery energy materials and others. These products are used in electronics, communication, aviation, airspace, metallurgy, oil chemicals, lighting, sports, medicals, atomic energy, solar energy and other fields. The company distributes its products in both Chinese and overseas markets.

Ningxia Orient Tantalum Industry Co (SZSE:000962) Headlines

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