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Qingdao Greensum Ecology Co (SZSE:300948) Price-to-Tangible-Book : 1.55 (As of May. 21, 2024)


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What is Qingdao Greensum Ecology Co Price-to-Tangible-Book?

As of today (2024-05-21), Qingdao Greensum Ecology Co's share price is ¥9.71. Qingdao Greensum Ecology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.27. Hence, Qingdao Greensum Ecology Co's Price to Tangible Book Ratio of today is 1.55.

The historical rank and industry rank for Qingdao Greensum Ecology Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300948' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.53   Med: 2.52   Max: 6.68
Current: 1.55

During the past 10 years, Qingdao Greensum Ecology Co's highest Price to Tangible Book Ratio was 6.68. The lowest was 1.53. And the median was 2.52.

SZSE:300948's Price-to-Tangible-Book is ranked better than
61.05% of 190 companies
in the Waste Management industry
Industry Median: 2.12 vs SZSE:300948: 1.55

A closely related ratio is called PB Ratio. As of today, Qingdao Greensum Ecology Co's share price is ¥9.71. Qingdao Greensum Ecology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.41. Hence, Qingdao Greensum Ecology Co's P/B Ratio of today is 1.51.


Qingdao Greensum Ecology Co Price-to-Tangible-Book Historical Data

The historical data trend for Qingdao Greensum Ecology 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.

Qingdao Greensum Ecology Co Price-to-Tangible-Book Chart

Qingdao Greensum Ecology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.44 2.10 2.28

Qingdao Greensum Ecology 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 2.39 2.52 2.50 2.28 1.78

Competitive Comparison of Qingdao Greensum Ecology Co's Price-to-Tangible-Book

For the Waste Management subindustry, Qingdao Greensum Ecology 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.


Qingdao Greensum Ecology Co's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Qingdao Greensum Ecology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Qingdao Greensum Ecology Co's Price-to-Tangible-Book falls into.



Qingdao Greensum Ecology Co Price-to-Tangible-Book Calculation

Qingdao Greensum Ecology 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 )
=9.71/6.273
=1.55

* 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.


Qingdao Greensum Ecology Co Price-to-Tangible-Book Related Terms

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Qingdao Greensum Ecology Co (SZSE:300948) Business Description

Traded in Other Exchanges
N/A
Address
Shashakou Street, North of Village Committee, Beilongkou Community, Laoshan District, Shandong Province, Qingdao, CHN, 266100
Qingdao Greensum Ecology Co Ltd specializes in ecological restoration work, including: vegetation restoration, soil restoration, water and soil conservation, sand prevention and control, and military camouflage for national defense. In addition to ecological restoration, it is also engaged in three-dimensional greening and urban environment construction.

Qingdao Greensum Ecology Co (SZSE:300948) Headlines

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