Hunan Yuneng New Energy Battery Material Co (SZSE:301358) Price-to-Tangible-Book : 2.78 (As of Jun. 03, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Hunan Yuneng New Energy Battery Material Co Price-to-Tangible-Book?

As of today (2024-06-03), Hunan Yuneng New Energy Battery Material Co's share price is ¥38.05. Hunan Yuneng New Energy Battery Material Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥13.69. Hence, Hunan Yuneng New Energy Battery Material Co's Price to Tangible Book Ratio of today is 2.78.

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

SZSE:301358' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.34 Med: 2.72 Max: 3.38
Current: 2.78

During the past 6 years, Hunan Yuneng New Energy Battery Material Co's highest Price to Tangible Book Ratio was 3.38. The lowest was 2.34. And the median was 2.72.

SZSE:301358's Price-to-Tangible-Book is ranked worse than
63.24% of 2821 companies
in the Industrial Products industry
Industry Median: 2.09 vs SZSE:301358: 2.78

A closely related ratio is called PB Ratio. As of today, Hunan Yuneng New Energy Battery Material Co's share price is ¥38.05. Hunan Yuneng New Energy Battery Material Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥15.12. Hence, Hunan Yuneng New Energy Battery Material Co's P/B Ratio of today is 2.52.

Hunan Yuneng New Energy Battery Material Co Price-to-Tangible-Book Historical Data

The historical data trend for Hunan Yuneng New Energy Battery 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.

Hunan Yuneng New Energy Battery Material Co Price-to-Tangible-Book Chart

Hunan Yuneng New Energy Battery Material Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.52

Hunan Yuneng New Energy Battery Material Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial											3.38	3.27	2.72	2.52	2.34

Competitive Comparison of Hunan Yuneng New Energy Battery Material Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Hunan Yuneng New Energy Battery 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.

Hunan Yuneng New Energy Battery Material Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hunan Yuneng New Energy Battery Material Co's Price-to-Tangible-Book falls into.

Hunan Yuneng New Energy Battery Material Co Price-to-Tangible-Book Calculation

Hunan Yuneng New Energy Battery 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 )
	=	38.05	/	13.69
	=	2.78

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.

Hunan Yuneng New Energy Battery Material Co Price-to-Tangible-Book Related Terms

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

Hunan Yuneng New Energy Battery Material Co (SZSE:301358) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Yuneng New Energy Battery Material Co Ltd (SZSE:301358) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 18 Rili Road, Heling Town, Yuhu District, Hunan Province, Xiangtan, CHN, 411202

Website

http://www.hunanyuneng.com

Hunan Yuneng New Energy Battery Material Co Ltd is engaged in the research and development, production and sales of cathode materials for lithium-ion batteries. The company's main products include lithium- ion batteries cathode materials such as lithium iron phosphate and ternary materials, which is mainly used in the manufacture of lithium-ion batteries such as power batteries and energy storage batteries, and is ultimately energy used in new vehicles, Energy storage and other fields.

Hunan Yuneng New Energy Battery Material Co (SZSE:301358) Headlines

No Headlines