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Shandong Denghai Seeds Co (SZSE:002041) Price-to-Tangible-Book : 2.57 (As of May. 11, 2024)


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What is Shandong Denghai Seeds Co Price-to-Tangible-Book?

As of today (2024-05-11), Shandong Denghai Seeds Co's share price is ¥10.23. Shandong Denghai Seeds Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.99. Hence, Shandong Denghai Seeds Co's Price to Tangible Book Ratio of today is 2.57.

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

SZSE:002041' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.75   Med: 5.06   Max: 7.82
Current: 2.56

During the past 13 years, Shandong Denghai Seeds Co's highest Price to Tangible Book Ratio was 7.82. The lowest was 1.75. And the median was 5.06.

SZSE:002041's Price-to-Tangible-Book is ranked worse than
65.08% of 1704 companies
in the Consumer Packaged Goods industry
Industry Median: 1.73 vs SZSE:002041: 2.56

A closely related ratio is called PB Ratio. As of today, Shandong Denghai Seeds Co's share price is ¥10.23. Shandong Denghai Seeds Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.09. Hence, Shandong Denghai Seeds Co's P/B Ratio of today is 2.50.


Shandong Denghai Seeds Co Price-to-Tangible-Book Historical Data

The historical data trend for Shandong Denghai Seeds 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.

Shandong Denghai Seeds Co Price-to-Tangible-Book Chart

Shandong Denghai Seeds 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 3.08 7.01 7.55 5.40 3.35

Shandong Denghai Seeds 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 5.02 4.07 3.77 3.35 2.49

Competitive Comparison of Shandong Denghai Seeds Co's Price-to-Tangible-Book

For the Farm Products subindustry, Shandong Denghai Seeds 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.


Shandong Denghai Seeds Co's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Denghai Seeds Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shandong Denghai Seeds Co's Price-to-Tangible-Book falls into.



Shandong Denghai Seeds Co Price-to-Tangible-Book Calculation

Shandong Denghai Seeds 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 )
=10.23/3.986
=2.57

* 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.


Shandong Denghai Seeds Co Price-to-Tangible-Book Related Terms

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Shandong Denghai Seeds Co (SZSE:002041) Business Description

Traded in Other Exchanges
N/A
Address
Chengshan Road West, Agricultural Science Institute of Laizhou City, Shandong Province, Laizhou, CHN, 261448
Shandong Denghai Seeds Co Ltd is a Chinese company engaged in the production and distribution of crop seeds. The company's products are Chinese cabbages, radish seeds, zucchini varieties, watermelon seeds, melon seeds, cabbage seeds, beans seeds, onion seeds, eggplant seeds, pepper seeds and others. It sells the products in China and other international countries.

Shandong Denghai Seeds Co (SZSE:002041) Headlines

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