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Shandong Newjf Technology Packaging Co (SZSE:301296) Price-to-Tangible-Book : 1.58 (As of Jun. 01, 2024)


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What is Shandong Newjf Technology Packaging Co Price-to-Tangible-Book?

As of today (2024-06-01), Shandong Newjf Technology Packaging Co's share price is ¥8.64. Shandong Newjf Technology Packaging Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.49. Hence, Shandong Newjf Technology Packaging Co's Price to Tangible Book Ratio of today is 1.58.

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

SZSE:301296' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.54   Med: 2.62   Max: 2.93
Current: 1.57

During the past 10 years, Shandong Newjf Technology Packaging Co's highest Price to Tangible Book Ratio was 2.93. The lowest was 1.54. And the median was 2.62.

SZSE:301296's Price-to-Tangible-Book is ranked worse than
54.62% of 357 companies
in the Packaging & Containers industry
Industry Median: 1.4 vs SZSE:301296: 1.57

A closely related ratio is called PB Ratio. As of today, Shandong Newjf Technology Packaging Co's share price is ¥8.64. Shandong Newjf Technology Packaging Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.70. Hence, Shandong Newjf Technology Packaging Co's P/B Ratio of today is 1.52.


Shandong Newjf Technology Packaging Co Price-to-Tangible-Book Historical Data

The historical data trend for Shandong Newjf Technology Packaging 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.

Shandong Newjf Technology Packaging Co Price-to-Tangible-Book Chart

Shandong Newjf Technology Packaging Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.78 1.97

Shandong Newjf Technology Packaging Co Quarterly Data
Dec15 Dec16 Dec17 Dec18 Dec19 Mar20 Sep20 Dec20 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 2.91 2.93 2.58 1.97 1.58

Competitive Comparison of Shandong Newjf Technology Packaging Co's Price-to-Tangible-Book

For the Packaging & Containers subindustry, Shandong Newjf Technology Packaging 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.


Shandong Newjf Technology Packaging Co's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shandong Newjf Technology Packaging Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shandong Newjf Technology Packaging Co's Price-to-Tangible-Book falls into.



Shandong Newjf Technology Packaging Co Price-to-Tangible-Book Calculation

Shandong Newjf Technology Packaging 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 )
=8.64/5.485
=1.58

* 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.


Shandong Newjf Technology Packaging Co Price-to-Tangible-Book Related Terms

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


Shandong Newjf Technology Packaging Co (SZSE:301296) Business Description

Traded in Other Exchanges
N/A
Address
Development Zone, Xiaoxie Town, Shandong Province, Xintai, CHN, 271221
Shandong Xinjufeng Technology Packaging Co Ltd is engaged in the in the production of aseptic packaging materials for liquid food. Its business scope involves the research and development, production, sales of aseptic packaging materials and technical support for aseptic packaging equipment.

Shandong Newjf Technology Packaging Co (SZSE:301296) Headlines

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