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Guangzhou Zhiguang Electric Co (SZSE:002169) Price-to-Tangible-Book : 1.80 (As of May. 31, 2024)


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What is Guangzhou Zhiguang Electric Co Price-to-Tangible-Book?

As of today (2024-05-31), Guangzhou Zhiguang Electric Co's share price is ¥5.24. Guangzhou Zhiguang Electric Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.92. Hence, Guangzhou Zhiguang Electric Co's Price to Tangible Book Ratio of today is 1.80.

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

SZSE:002169' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.07   Med: 2.67   Max: 12.83
Current: 1.79

During the past 13 years, Guangzhou Zhiguang Electric Co's highest Price to Tangible Book Ratio was 12.83. The lowest was 1.07. And the median was 2.67.

SZSE:002169's Price-to-Tangible-Book is ranked better than
57.98% of 2294 companies
in the Hardware industry
Industry Median: 2.075 vs SZSE:002169: 1.79

A closely related ratio is called PB Ratio. As of today, Guangzhou Zhiguang Electric Co's share price is ¥5.24. Guangzhou Zhiguang Electric Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.84. Hence, Guangzhou Zhiguang Electric Co's P/B Ratio of today is 1.36.


Guangzhou Zhiguang Electric Co Price-to-Tangible-Book Historical Data

The historical data trend for Guangzhou Zhiguang Electric 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.

Guangzhou Zhiguang Electric Co Price-to-Tangible-Book Chart

Guangzhou Zhiguang Electric 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 2.50 2.47 3.48 2.11 2.31

Guangzhou Zhiguang Electric 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 2.21 2.35 2.06 2.31 1.99

Competitive Comparison of Guangzhou Zhiguang Electric Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Guangzhou Zhiguang Electric 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.


Guangzhou Zhiguang Electric Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Zhiguang Electric Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Guangzhou Zhiguang Electric Co's Price-to-Tangible-Book falls into.



Guangzhou Zhiguang Electric Co Price-to-Tangible-Book Calculation

Guangzhou Zhiguang Electric 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 )
=5.24/2.918
=1.80

* 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.


Guangzhou Zhiguang Electric Co Price-to-Tangible-Book Related Terms

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


Guangzhou Zhiguang Electric Co (SZSE:002169) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Wushan Road, Jinshan Building South Block, 3F, Tianhe District, Guangzhou, Guangdong, CHN, 510640
Guangzhou Zhiguang Electric Co Ltd is an integrated energy technology and service provider. It is engaged in the research, development, design, manufacture, and sale of electrical control equipment. Its products and services include motor control, power control, power transmission, energy utilization and energy conversion. In addition, the company also provides integrated energy services and related technology.
Executives
Jiang Xin Yu Executives
Lu Xiao Yang Supervisors
Rui Dong Yang Director
Han Wen Supervisors
Zheng Xiao Jun Director
Wang Sui Feng Executives
Li Yong Xi Director
Qiu Hua Supervisors
Liu Yong Supervisors
Yang Xu Executives
Wang Wei Hong Executives

Guangzhou Zhiguang Electric Co (SZSE:002169) Headlines

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