Shanghai Optech Science and Technology Co (BJSE:836414) Price-to-Tangible-Book : 1.88 (As of May. 27, 2024)

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What is Shanghai Optech Science and Technology Co Price-to-Tangible-Book?

As of today (2024-05-27), Shanghai Optech Science and Technology Co's share price is ¥8.72. Shanghai Optech Science and Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.63. Hence, Shanghai Optech Science and Technology Co's Price to Tangible Book Ratio of today is 1.88.

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

BJSE:836414' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.85 Med: 8.1 Max: 31.14
Current: 1.88

During the past 11 years, Shanghai Optech Science and Technology Co's highest Price to Tangible Book Ratio was 31.14. The lowest was 1.85. And the median was 8.10.

BJSE:836414's Price-to-Tangible-Book is ranked better than
54.76% of 2834 companies
in the Industrial Products industry
Industry Median: 2.12 vs BJSE:836414: 1.88

A closely related ratio is called PB Ratio. As of today, Shanghai Optech Science and Technology Co's share price is ¥8.72. Shanghai Optech Science and Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.67. Hence, Shanghai Optech Science and Technology Co's P/B Ratio of today is 1.87.

Shanghai Optech Science and Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Optech Science and 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.

Shanghai Optech Science and Technology Co Price-to-Tangible-Book Chart

Shanghai Optech Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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9.26

7.39

12.39

2.34

3.76

Shanghai Optech Science and Technology Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	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															2.30	2.14	1.85	3.76	2.31

Competitive Comparison of Shanghai Optech Science and Technology Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Shanghai Optech Science and 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.

Shanghai Optech Science and Technology Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shanghai Optech Science and Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shanghai Optech Science and Technology Co's Price-to-Tangible-Book falls into.

Shanghai Optech Science and Technology Co Price-to-Tangible-Book Calculation

Shanghai Optech Science and 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 )
	=	8.72	/	4.627
	=	1.88

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.

Shanghai Optech Science and Technology Co Price-to-Tangible-Book Related Terms

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Shanghai Optech Science and Technology Co (BJSE:836414) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Optech Science and Technology Co Ltd (BJSE:836414) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

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Address

Lane 879, Zhongjiang Road, Room 402, Building 12, Putuo District, Shanghai, CHN, 200333

Website

http://www.optjt.cn

Shanghai Optech Science and Technology Co Ltd focused on the technology and product development of automatic detection equipment and automatic production equipment in the photovoltaic industry. It engages in designing photovoltaic detection solutions and the development, production, and sales of supporting equipment and software. It offers Component EL/appearance -AI automatic sorting system, String inspection EL/appearance AI automatic sorting system, Automatic battery sorting system, Final inspection appearance-AI automatic sorting system, Component repair query system, String inspection repair query system, Dual station battery string repair system, Photovoltaic power station UAV automatic operation and maintenance system.

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