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Yangling Metron New Material Co (SZSE:300861) Price-to-Tangible-Book : 1.63 (As of Jun. 05, 2024)


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What is Yangling Metron New Material Co Price-to-Tangible-Book?

As of today (2024-06-05), Yangling Metron New Material Co's share price is ¥22.20. Yangling Metron New Material Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥13.60. Hence, Yangling Metron New Material Co's Price to Tangible Book Ratio of today is 1.63.

The historical rank and industry rank for Yangling Metron New Material Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300861' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.63   Med: 5.95   Max: 9.44
Current: 1.63

During the past 9 years, Yangling Metron New Material Co's highest Price to Tangible Book Ratio was 9.44. The lowest was 1.63. And the median was 5.95.

SZSE:300861's Price-to-Tangible-Book is ranked better than
62.27% of 2823 companies
in the Industrial Products industry
Industry Median: 2.03 vs SZSE:300861: 1.63

A closely related ratio is called PB Ratio. As of today, Yangling Metron New Material Co's share price is ¥22.20. Yangling Metron New Material Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥13.82. Hence, Yangling Metron New Material Co's P/B Ratio of today is 1.61.


Yangling Metron New Material Co Price-to-Tangible-Book Historical Data

The historical data trend for Yangling Metron New Material 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.

Yangling Metron New Material Co Price-to-Tangible-Book Chart

Yangling Metron New Material Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 6.22 7.83 4.70 2.52

Yangling Metron New Material 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 4.03 3.70 3.26 2.52 1.97

Competitive Comparison of Yangling Metron New Material Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Yangling Metron New Material 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.


Yangling Metron New Material Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yangling Metron New Material Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Yangling Metron New Material Co's Price-to-Tangible-Book falls into.



Yangling Metron New Material Co Price-to-Tangible-Book Calculation

Yangling Metron New Material 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 )
=22.20/13.598
=1.63

* 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.


Yangling Metron New Material Co Price-to-Tangible-Book Related Terms

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


Yangling Metron New Material Co (SZSE:300861) Business Description

Traded in Other Exchanges
N/A
Address
East Section of Weihui Road, Block B5, Fuhai Industrial Park, Yangling Demonstration Zone, Shaanxi, CHN, 712100
Yangling Meichang New Materials Co Ltd is engaged in the research and development, production and sale of electroplated diamond wires and other diamond superhard tools.
Executives
Xing Guo Hua Supervisors
Jia Hai Bo Directors, executives

Yangling Metron New Material Co (SZSE:300861) Headlines

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