Wuhunlian Forging Co (SZSE:001282) Price-to-Tangible-Book : 2.37 (As of May. 30, 2024)

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What is Wuhunlian Forging Co Price-to-Tangible-Book?

As of today (2024-05-30), Wuhunlian Forging Co's share price is ¥29.61. Wuhunlian Forging Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥12.49. Hence, Wuhunlian Forging Co's Price to Tangible Book Ratio of today is 2.37.

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

SZSE:001282' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.27 Med: 3.03 Max: 3.11
Current: 2.37

During the past 5 years, Wuhunlian Forging Co's highest Price to Tangible Book Ratio was 3.11. The lowest was 2.27. And the median was 3.03.

SZSE:001282's Price-to-Tangible-Book is ranked worse than
64.11% of 1201 companies
in the Vehicles & Parts industry
Industry Median: 1.66 vs SZSE:001282: 2.37

A closely related ratio is called PB Ratio. As of today, Wuhunlian Forging Co's share price is ¥29.61. Wuhunlian Forging Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥13.01. Hence, Wuhunlian Forging Co's P/B Ratio of today is 2.28.

Wuhunlian Forging Co Price-to-Tangible-Book Historical Data

The historical data trend for Wuhunlian Forging 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.

Wuhunlian Forging Co Price-to-Tangible-Book Chart

Wuhunlian Forging Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.95

Wuhunlian Forging Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial							-	3.10	3.11	2.95	2.85

Competitive Comparison of Wuhunlian Forging Co's Price-to-Tangible-Book

For the Auto Parts subindustry, Wuhunlian Forging 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.

Wuhunlian Forging Co's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Wuhunlian Forging Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Wuhunlian Forging Co's Price-to-Tangible-Book falls into.

Wuhunlian Forging Co Price-to-Tangible-Book Calculation

Wuhunlian Forging 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 )
	=	29.61	/	12.488
	=	2.37

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.

Wuhunlian Forging Co Price-to-Tangible-Book Related Terms

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

Wuhunlian Forging Co (SZSE:001282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wuhu Sanlian Forging Co Ltd (SZSE:001282) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 20, Tianjingshan Road, High-tech Industrial Development Zone, Anhui, Wuhu, CHN, 241003

Website

http://www.wuhusanlian.com

Wuhu Sanlian Forging Co Ltd is mainly engaged in the Research & Development, production, and sales of automotive forged parts. The company's products are mainly used in automotive power systems, transmission systems, steering systems, suspension supports and other systems that require high mechanical performance and safety performance of parts. The company actively develops and deploys the application of forged parts in new energy vehicles, and participates in the development of forged parts for new energy vehicle platforms of well-known OEMs.

Wuhunlian Forging Co (SZSE:001282) Headlines

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