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Shenzhen Jasic Technology Co (SZSE:300193) Price-to-Tangible-Book : 1.83 (As of May. 28, 2024)


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What is Shenzhen Jasic Technology Co Price-to-Tangible-Book?

As of today (2024-05-28), Shenzhen Jasic Technology Co's share price is ¥8.31. Shenzhen Jasic Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.55. Hence, Shenzhen Jasic Technology Co's Price to Tangible Book Ratio of today is 1.83.

The historical rank and industry rank for Shenzhen Jasic Technology Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300193' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26   Med: 1.89   Max: 3.8
Current: 1.83

During the past 13 years, Shenzhen Jasic Technology Co's highest Price to Tangible Book Ratio was 3.80. The lowest was 1.26. And the median was 1.89.

SZSE:300193's Price-to-Tangible-Book is ranked better than
57.83% of 2834 companies
in the Industrial Products industry
Industry Median: 2.1 vs SZSE:300193: 1.83

A closely related ratio is called PB Ratio. As of today, Shenzhen Jasic Technology Co's share price is ¥8.31. Shenzhen Jasic Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.71. Hence, Shenzhen Jasic Technology Co's P/B Ratio of today is 1.76.


Shenzhen Jasic Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Shenzhen Jasic Technology 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.

Shenzhen Jasic Technology Co Price-to-Tangible-Book Chart

Shenzhen Jasic Technology 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 1.99 1.65 2.84 1.77 1.75

Shenzhen Jasic Technology 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 1.89 1.79 1.98 1.75 1.71

Competitive Comparison of Shenzhen Jasic Technology Co's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Shenzhen Jasic Technology 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.


Shenzhen Jasic Technology Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Jasic Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shenzhen Jasic Technology Co's Price-to-Tangible-Book falls into.



Shenzhen Jasic Technology Co Price-to-Tangible-Book Calculation

Shenzhen Jasic Technology 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 )
=8.31/4.547
=1.83

* 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.


Shenzhen Jasic Technology Co Price-to-Tangible-Book Related Terms

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


Shenzhen Jasic Technology Co (SZSE:300193) Business Description

Traded in Other Exchanges
N/A
Address
4F, C2 Building, Hengfeng Industrial Park, Zhoushi Road Hezhou, Shenzhen, Guangdong, CHN
Shenzhen Jasic Technology Co Ltd is a manufacturer of inverter welding machines in China. It offers a range of products that include manual arc welding (MMA), argon-arc welding (TIG), argon-arc welding with pulse mode (TIG P), Argon-arc welding with direct and alternating current (TIG AC / DC), semi-automatic welding (MIG / MAG), Air-plasma cutting (CUT), and Automatic submerged arc welding (SAW).
Executives
Pan Lei Directors, executives
Zhang Zhi Ying Supervisors
Luo Wei Hong Directors, executives
Xia Ru Yi Directors, executives
Luo Huai Hua Supervisors
Li Rui Directors, executives
Ma Dan Hua Securities Affairs Representative
Wang Ying Directors, executives
Xu Ai Ping Director
Directors, executives
Chen Chun Lin Supervisors

Shenzhen Jasic Technology Co (SZSE:300193) Headlines

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