CIMC Vehicles (Group) Co (SZSE:301039) Price-to-Tangible-Book : 1.42 (As of Jun. 09, 2024)

View and export this data going back to 2021. Start your Free Trial

What is CIMC Vehicles (Group) Co Price-to-Tangible-Book?

As of today (2024-06-09), CIMC Vehicles (Group) Co's share price is ¥9.57. CIMC Vehicles (Group) Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥6.75. Hence, CIMC Vehicles (Group) Co's Price to Tangible Book Ratio of today is 1.42.

The historical rank and industry rank for CIMC Vehicles (Group) Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:301039' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.36 Med: 1.4 Max: 2.48
Current: 1.42

During the past 8 years, CIMC Vehicles (Group) Co's highest Price to Tangible Book Ratio was 2.48. The lowest was 1.36. And the median was 1.40.

SZSE:301039's Price-to-Tangible-Book is ranked better than
62.18% of 193 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.75 vs SZSE:301039: 1.42

A closely related ratio is called PB Ratio. As of today, CIMC Vehicles (Group) Co's share price is ¥9.57. CIMC Vehicles (Group) Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥7.34. Hence, CIMC Vehicles (Group) Co's P/B Ratio of today is 1.30.

CIMC Vehicles (Group) Co Price-to-Tangible-Book Historical Data

The historical data trend for CIMC Vehicles (Group) 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.

CIMC Vehicles (Group) Co Price-to-Tangible-Book Chart

CIMC Vehicles (Group) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.48

1.40

1.39

CIMC Vehicles (Group) Co Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial												1.40	2.04	1.81	1.39	-

Competitive Comparison of CIMC Vehicles (Group) Co's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, CIMC Vehicles (Group) 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.

CIMC Vehicles (Group) Co's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CIMC Vehicles (Group) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CIMC Vehicles (Group) Co's Price-to-Tangible-Book falls into.

CIMC Vehicles (Group) Co Price-to-Tangible-Book Calculation

CIMC Vehicles (Group) Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	9.57	/	6.745
	=	1.42

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.

CIMC Vehicles (Group) Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of CIMC Vehicles (Group) Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

CIMC Vehicles (Group) Co (SZSE:301039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CIMC Vehicles (Group) Co Ltd (SZSE:301039) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

01839:Hong Kong

Address

No. 2 Gangwan Avenue, Shekou Industrial Zone, Nanshan District, Guangdong, Shenzhen, CHN, 518067

Website

https://www.cimcvehiclesgroup.com

CIMC Vehicles (Group) Co Ltd is engaged in the manufacturing and sale of semi-trailers and truck bodies for specialty vehicles. The semi-trailers mainly include the following product lines, Container chassis trailers, Flatbed trailers & relevant derivative types, Curtain-side trailers, Van trailers, Refrigerated trailers, Tank trailers, and other special types of trailers. The truck body products include dump beds for dump trucks, mixers for mixer trucks, and a wide range of other truck bodies for specialty vehicles. Geographically, it operates in China, North America, Europe, and Other regions, out of which the majority is from China.

CIMC Vehicles (Group) Co (SZSE:301039) Headlines

No Headlines