Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) Price-to-Tangible-Book : 2.89 (As of May. 03, 2024)

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What is Zhejiang Jingsheng Mechanical and Electrical Co Price-to-Tangible-Book?

As of today (2024-05-03), Zhejiang Jingsheng Mechanical and Electrical Co's share price is ¥33.92. Zhejiang Jingsheng Mechanical and Electrical Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥11.75. Hence, Zhejiang Jingsheng Mechanical and Electrical Co's Price to Tangible Book Ratio of today is 2.89.

The historical rank and industry rank for Zhejiang Jingsheng Mechanical and Electrical Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300316' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.89 Med: 6.37 Max: 13.95
Current: 2.89

During the past 13 years, Zhejiang Jingsheng Mechanical and Electrical Co's highest Price to Tangible Book Ratio was 13.95. The lowest was 2.89. And the median was 6.37.

SZSE:300316's Price-to-Tangible-Book is ranked worse than
53.33% of 947 companies
in the Semiconductors industry
Industry Median: 2.61 vs SZSE:300316: 2.89

A closely related ratio is called PB Ratio. As of today, Zhejiang Jingsheng Mechanical and Electrical Co's share price is ¥33.92. Zhejiang Jingsheng Mechanical and Electrical Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.24. Hence, Zhejiang Jingsheng Mechanical and Electrical Co's P/B Ratio of today is 2.77.

Zhejiang Jingsheng Mechanical and Electrical Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang Jingsheng Mechanical and Electrical 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.

Zhejiang Jingsheng Mechanical and Electrical Co Price-to-Tangible-Book Chart

Zhejiang Jingsheng Mechanical and Electrical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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4.67

7.70

13.57

8.04

4.03

Zhejiang Jingsheng Mechanical and Electrical 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															7.63	7.67	4.72	4.03	2.92

Competitive Comparison of Zhejiang Jingsheng Mechanical and Electrical Co's Price-to-Tangible-Book

For the Semiconductor Equipment & Materials subindustry, Zhejiang Jingsheng Mechanical and Electrical 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.

Zhejiang Jingsheng Mechanical and Electrical Co's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zhejiang Jingsheng Mechanical and Electrical Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang Jingsheng Mechanical and Electrical Co's Price-to-Tangible-Book falls into.

Zhejiang Jingsheng Mechanical and Electrical Co Price-to-Tangible-Book Calculation

Zhejiang Jingsheng Mechanical and Electrical 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 )
	=	33.92	/	11.75
	=	2.89

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.

Zhejiang Jingsheng Mechanical and Electrical Co Price-to-Tangible-Book Related Terms

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Zhejiang Jingsheng Mechanical and Electrical Co (SZSE:300316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Zhejiang Jingsheng Mechanical and Electrical Co Ltd (SZSE:300316) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No.218 West Tongjiang Road, Economic Development Zone, Zhejiang Province, Shangyu District, Shaoxing, CHN, 312300

Website

http://www.jsjd.cc

Zhejiang Jingsheng Mechanical and Electrical Co Ltd is a China-based company engaged in the equipment research and development, manufacturing and marketing for semiconductor and photovoltaic material industry. Its products include automatic CZ crystalline growing furnace, and others, which are applied in semiconductor, PV field, IGBT power device, LED photoelectron and sapphire window material, and other areas. The company supplies and provides equipment and sapphire crystal material of semiconductor silicon material, PV silicon material LED detection and lighting and others.

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