Western Metal Materials Co (SZSE:002149) Price-to-Tangible-Book : 2.53 (As of May. 27, 2024)

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What is Western Metal Materials Co Price-to-Tangible-Book?

As of today (2024-05-27), Western Metal Materials Co's share price is ¥14.15. Western Metal Materials Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.60. Hence, Western Metal Materials Co's Price to Tangible Book Ratio of today is 2.53.

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

SZSE:002149' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.51 Med: 3.17 Max: 10.72
Current: 2.53

During the past 13 years, Western Metal Materials Co's highest Price to Tangible Book Ratio was 10.72. The lowest was 1.51. And the median was 3.17.

SZSE:002149's Price-to-Tangible-Book is ranked worse than
72.26% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs SZSE:002149: 2.53

A closely related ratio is called PB Ratio. As of today, Western Metal Materials Co's share price is ¥14.15. Western Metal Materials Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.07. Hence, Western Metal Materials Co's P/B Ratio of today is 2.33.

Western Metal Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for Western Metal Materials 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.

Western Metal Materials Co Price-to-Tangible-Book Chart

Western Metal Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.19

3.39

3.83

3.16

2.86

Western Metal Materials 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															3.23	3.18	2.74	2.86	2.80

Competitive Comparison of Western Metal Materials Co's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Western Metal Materials 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.

Western Metal Materials Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Western Metal Materials Co's Price-to-Tangible-Book falls into.

Western Metal Materials Co Price-to-Tangible-Book Calculation

Western Metal Materials 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 )
	=	14.15	/	5.595
	=	2.53

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.

Western Metal Materials Co Price-to-Tangible-Book Related Terms

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

Western Metal Materials Co (SZSE:002149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Metal Materials Co Ltd (SZSE:002149) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 56 Keji 3rd Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710065

Website

http://www.c-wmm.com

Western Metal Materials Co Ltd is a China-based company engaged in the research and development, manufacture and sales of rare metal products. It provides rare metal clad materials and products, titanium products, metal fibers and products, refractory metal products, tungsten-molybdenum materials, as well as precious metal products and others. The company is also engaged in the rare metal testing and processing business. The company distributes its products in domestic market and to overseas markets.

Executives

Yang Li Rong	Independent director
Yang Yan An	Executives
Gu Liang	Directors, executives
Zheng Xue Jun	Executives
Yang Jian Chao	Executives
Liu Yong	Executives
Yan Xue Bai	Director
Li Zhang Liang	Supervisors
Gao Wen Zhu	Directors, executives
Zhang Hong Guo	Supervisors, within half a year of separation

Western Metal Materials Co (SZSE:002149) Headlines

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