GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dezhou United Petroleum Technology Co Ltd (SZSE:301158) » Definitions » Price-to-Tangible-Book

Dezhou United Petroleum Technology Co (SZSE:301158) Price-to-Tangible-Book : 1.50 (As of Jun. 04, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Dezhou United Petroleum Technology Co Price-to-Tangible-Book?

As of today (2024-06-04), Dezhou United Petroleum Technology Co's share price is ¥12.88. Dezhou United Petroleum Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥8.56. Hence, Dezhou United Petroleum Technology Co's Price to Tangible Book Ratio of today is 1.50.

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

SZSE:301158' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.48   Med: 2.09   Max: 3.13
Current: 1.5

During the past 7 years, Dezhou United Petroleum Technology Co's highest Price to Tangible Book Ratio was 3.13. The lowest was 1.48. And the median was 2.09.

SZSE:301158's Price-to-Tangible-Book is ranked worse than
55.35% of 925 companies
in the Oil & Gas industry
Industry Median: 1.33 vs SZSE:301158: 1.50

A closely related ratio is called PB Ratio. As of today, Dezhou United Petroleum Technology Co's share price is ¥12.88. Dezhou United Petroleum Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥8.73. Hence, Dezhou United Petroleum Technology Co's P/B Ratio of today is 1.48.


Dezhou United Petroleum Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Dezhou United Petroleum 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.

Dezhou United Petroleum Technology Co Price-to-Tangible-Book Chart

Dezhou United Petroleum Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 1.93 1.87

Dezhou United Petroleum Technology Co Quarterly Data
Dec18 Jun19 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 2.09 2.09 2.49 1.87 1.65

Competitive Comparison of Dezhou United Petroleum Technology Co's Price-to-Tangible-Book

For the Oil & Gas Equipment & Services subindustry, Dezhou United Petroleum 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.


Dezhou United Petroleum Technology Co's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dezhou United Petroleum Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dezhou United Petroleum Technology Co's Price-to-Tangible-Book falls into.



Dezhou United Petroleum Technology Co Price-to-Tangible-Book Calculation

Dezhou United Petroleum 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 )
=12.88/8.561
=1.50

* 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.


Dezhou United Petroleum Technology Co Price-to-Tangible-Book Related Terms

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


Dezhou United Petroleum Technology Co (SZSE:301158) Business Description

Traded in Other Exchanges
N/A
Address
Jinghua South Road, Economic Development Zone, Shandong Province, Dezhou, CHN, 253034
Website
Dezhou United Petroleum Technology Co Ltd is engaged in producing high-end oil-drilling and production equipments, tools, accessories and engineering services. The company's products include drilling tools, drilling equipments, oil and gas exploitation, and well-control equipment.
Executives
Wang Hai Bin Directors, executives
Li Zhan Jun Executives
Hou Bin Supervisors

Dezhou United Petroleum Technology Co (SZSE:301158) Headlines

No Headlines