GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Hoshion Aluminium Co Ltd (SZSE:002824) » Definitions » Price-to-Tangible-Book

Guangdong Hoshion Aluminium Co (SZSE:002824) Price-to-Tangible-Book : 2.69 (As of Jun. 01, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Guangdong Hoshion Aluminium Co Price-to-Tangible-Book?

As of today (2024-06-01), Guangdong Hoshion Aluminium Co's share price is ¥14.46. Guangdong Hoshion Aluminium Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.38. Hence, Guangdong Hoshion Aluminium Co's Price to Tangible Book Ratio of today is 2.69.

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

SZSE:002824' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.47   Med: 4.26   Max: 9.59
Current: 2.69

During the past 13 years, Guangdong Hoshion Aluminium Co's highest Price to Tangible Book Ratio was 9.59. The lowest was 2.47. And the median was 4.26.

SZSE:002824's Price-to-Tangible-Book is ranked worse than
73.76% of 2222 companies
in the Metals & Mining industry
Industry Median: 1.38 vs SZSE:002824: 2.69

A closely related ratio is called PB Ratio. As of today, Guangdong Hoshion Aluminium Co's share price is ¥14.46. Guangdong Hoshion Aluminium Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.05. Hence, Guangdong Hoshion Aluminium Co's P/B Ratio of today is 2.39.


Guangdong Hoshion Aluminium Co Price-to-Tangible-Book Historical Data

The historical data trend for Guangdong Hoshion Aluminium 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.

Guangdong Hoshion Aluminium Co Price-to-Tangible-Book Chart

Guangdong Hoshion Aluminium 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 2.82 3.66 8.39 4.26 3.87

Guangdong Hoshion Aluminium 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 4.60 4.22 3.39 3.87 3.01

Competitive Comparison of Guangdong Hoshion Aluminium Co's Price-to-Tangible-Book

For the Aluminum subindustry, Guangdong Hoshion Aluminium 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.


Guangdong Hoshion Aluminium Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Guangdong Hoshion Aluminium Co's Price-to-Tangible-Book falls into.



Guangdong Hoshion Aluminium Co Price-to-Tangible-Book Calculation

Guangdong Hoshion Aluminium 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 )
=14.46/5.382
=2.69

* 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.


Guangdong Hoshion Aluminium Co Price-to-Tangible-Book Related Terms

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


Guangdong Hoshion Aluminium Co (SZSE:002824) Business Description

Traded in Other Exchanges
N/A
Address
No. 5, Meiyuan Road, Qianyu Industrial Zone, Sanxiang Town, Guangdong Province, Zhongshan, CHN, 528463
Guangdong Hoshion Aluminium Co Ltd is an industrial aluminum manufacturer. The firm research, produce, and develop aluminum casting, anodizing, tooling, extrusion, and other products. It offers consumer electronics, such as OPC and driven rollers for copier printers; power bank housing products; aluminum for TV frames; electronic products extrusion materials; arm of computer hard disc; seamless pipes for lens; and photographic equipment. It also provides automobile anti-collision beams; high precision large sectional rectangle pipes; colied pipesinner thread pipes; and forging parts. In addition, the firm offers seamless pipes for baseball bars; kitchen and bathroom components; aluminum used lighting and snow shoes; electric heating tubes; and conditioner frames.
Executives
Zhang Hong Independent director
Jin Jiong Directors, executives
Li Jian Xiang Director
Chen Hua Ping Executives
Li Jiang Secretary, Director
Huang Jia Hui Director
Zhou Feng Hui Supervisors

Guangdong Hoshion Aluminium Co (SZSE:002824) Headlines

No Headlines