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Guangdong Xianglu Tungsten Co (SZSE:002842) Price-to-Tangible-Book : 2.41 (As of May. 27, 2024)


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What is Guangdong Xianglu Tungsten Co Price-to-Tangible-Book?

As of today (2024-05-27), Guangdong Xianglu Tungsten Co's share price is ¥6.04. Guangdong Xianglu Tungsten Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.50. Hence, Guangdong Xianglu Tungsten Co's Price to Tangible Book Ratio of today is 2.41.

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

SZSE:002842' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.36   Med: 3.21   Max: 8.54
Current: 2.42

During the past 13 years, Guangdong Xianglu Tungsten Co's highest Price to Tangible Book Ratio was 8.54. The lowest was 2.36. And the median was 3.21.

SZSE:002842's Price-to-Tangible-Book is ranked worse than
70.36% of 2223 companies
in the Metals & Mining industry
Industry Median: 1.38 vs SZSE:002842: 2.42

A closely related ratio is called PB Ratio. As of today, Guangdong Xianglu Tungsten Co's share price is ¥6.04. Guangdong Xianglu Tungsten Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.91. Hence, Guangdong Xianglu Tungsten Co's P/B Ratio of today is 2.08.


Guangdong Xianglu Tungsten Co Price-to-Tangible-Book Historical Data

The historical data trend for Guangdong Xianglu Tungsten 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 Xianglu Tungsten Co Price-to-Tangible-Book Chart

Guangdong Xianglu Tungsten 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 4.34 3.38 3.06 2.66 3.39

Guangdong Xianglu Tungsten 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 3.03 2.98 3.13 3.39 2.61

Competitive Comparison of Guangdong Xianglu Tungsten Co's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Guangdong Xianglu Tungsten 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 Xianglu Tungsten Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Guangdong Xianglu Tungsten Co Price-to-Tangible-Book Calculation

Guangdong Xianglu Tungsten 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 )
=6.04/2.502
=2.41

* 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 Xianglu Tungsten Co Price-to-Tangible-Book Related Terms

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


Guangdong Xianglu Tungsten Co (SZSE:002842) Business Description

Traded in Other Exchanges
N/A
Address
Shantou Industrial Zone, Xiangqiao District, Guantang Town, Guangdong Province, Chaozhou, CHN, 515633
Guangdong Xianglu Tungsten Co Ltd is engaged in research and development, production and marketing of tungsten products in China. The company has a complete product system of APT, WO3, W, WC Powder and Hard Metal and one of the qualified tungsten exports and suppliers in China. It product portfolio includes Tungstates, Oxides and Acid, Tungsten/Tungsten Carbide Powder and Hardmetal/Cemented Carbide.
Executives
Chen Wei Dong Directors, executives
Yao Ming Qin Supervisors
Chen Wei Er Directors, executives
Yi Jun Directors, executives
Dai Xiang Ping Executives

Guangdong Xianglu Tungsten Co (SZSE:002842) Headlines

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