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Shijiazhuang Shangtai Technology Co (SZSE:001301) Price-to-Tangible-Book : 2.23 (As of Jun. 09, 2024)


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What is Shijiazhuang Shangtai Technology Co Price-to-Tangible-Book?

As of today (2024-06-09), Shijiazhuang Shangtai Technology Co's share price is ¥47.30. Shijiazhuang Shangtai Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥21.22. Hence, Shijiazhuang Shangtai Technology Co's Price to Tangible Book Ratio of today is 2.23.

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

SZSE:001301' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.44   Med: 2.62   Max: 3.44
Current: 2.23

During the past 6 years, Shijiazhuang Shangtai Technology Co's highest Price to Tangible Book Ratio was 3.44. The lowest was 1.44. And the median was 2.62.

SZSE:001301's Price-to-Tangible-Book is ranked worse than
54.4% of 2818 companies
in the Industrial Products industry
Industry Median: 2.025 vs SZSE:001301: 2.23

A closely related ratio is called PB Ratio. As of today, Shijiazhuang Shangtai Technology Co's share price is ¥47.30. Shijiazhuang Shangtai Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥22.31. Hence, Shijiazhuang Shangtai Technology Co's P/B Ratio of today is 2.12.


Shijiazhuang Shangtai Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Shijiazhuang Shangtai Technology 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.

Shijiazhuang Shangtai Technology Co Price-to-Tangible-Book Chart

Shijiazhuang Shangtai Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 3.08 1.75

Shijiazhuang Shangtai Technology Co Quarterly Data
Dec18 Dec19 Dec20 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 3.44 2.85 2.38 1.75 1.44

Competitive Comparison of Shijiazhuang Shangtai Technology Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Shijiazhuang Shangtai Technology 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.


Shijiazhuang Shangtai Technology Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shijiazhuang Shangtai Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shijiazhuang Shangtai Technology Co's Price-to-Tangible-Book falls into.



Shijiazhuang Shangtai Technology Co Price-to-Tangible-Book Calculation

Shijiazhuang Shangtai Technology 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 )
=47.30/21.223
=2.23

* 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.


Shijiazhuang Shangtai Technology Co Price-to-Tangible-Book Related Terms

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


Shijiazhuang Shangtai Technology Co (SZSE:001301) Business Description

Traded in Other Exchanges
N/A
Address
West side of Nansha Highway, Lichengdao Township, Wuji County, Hebei Province, Shijiazhuang, CHN, 052461
Shijiazhuang Shangtai Technology Co Ltd specializes in the research and development, production, processing and sales of lithium-ion battery anode materials and graphitized coke. The company's products are widely used in new energy electric vehicle power batteries, consumer batteries and energy storage batteries.

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