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Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Price-to-Tangible-Book : 2.38 (As of May. 22, 2024)


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What is Wuxi Dingbang Heat Exchange Equipment Co Price-to-Tangible-Book?

As of today (2024-05-22), Wuxi Dingbang Heat Exchange Equipment Co's share price is ¥8.22. Wuxi Dingbang Heat Exchange Equipment Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.45. Hence, Wuxi Dingbang Heat Exchange Equipment Co's Price to Tangible Book Ratio of today is 2.38.

The historical rank and industry rank for Wuxi Dingbang Heat Exchange Equipment Co's Price-to-Tangible-Book or its related term are showing as below:

BJSE:872931' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.41
Current: 2.38

During the past 8 years, Wuxi Dingbang Heat Exchange Equipment Co's highest Price to Tangible Book Ratio was 2.41. The lowest was 0.00. And the median was 0.00.

BJSE:872931's Price-to-Tangible-Book is ranked worse than
56.44% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs BJSE:872931: 2.38

A closely related ratio is called PB Ratio. As of today, Wuxi Dingbang Heat Exchange Equipment Co's share price is ¥8.22. Wuxi Dingbang Heat Exchange Equipment Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.94. Hence, Wuxi Dingbang Heat Exchange Equipment Co's P/B Ratio of today is 2.09.


Wuxi Dingbang Heat Exchange Equipment Co Price-to-Tangible-Book Historical Data

The historical data trend for Wuxi Dingbang Heat Exchange Equipment 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.

Wuxi Dingbang Heat Exchange Equipment Co Price-to-Tangible-Book Chart

Wuxi Dingbang Heat Exchange Equipment Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Wuxi Dingbang Heat Exchange Equipment Co Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Wuxi Dingbang Heat Exchange Equipment Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Wuxi Dingbang Heat Exchange Equipment 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.


Wuxi Dingbang Heat Exchange Equipment Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wuxi Dingbang Heat Exchange Equipment Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Wuxi Dingbang Heat Exchange Equipment Co's Price-to-Tangible-Book falls into.



Wuxi Dingbang Heat Exchange Equipment Co Price-to-Tangible-Book Calculation

Wuxi Dingbang Heat Exchange Equipment 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 )
=8.22/3.45
=2.38

* 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.


Wuxi Dingbang Heat Exchange Equipment Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Wuxi Dingbang Heat Exchange Equipment Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Wuxi Dingbang Heat Exchange Equipment Co (BJSE:872931) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Houshan South Road, No. 29, Anzhen Town, Xishan District, Jiangsu Province, Wuxi City, CHN, 214104
Wuxi Dingbang Heat Exchange Equipment Co Ltd is engaged in research and development, design, manufacturing and sales of special heat exchange equipment for oil refining and chemical industry. Its products includes various tube heat exchangers, spiral baffle heat exchangers, air-cooled heat exchangers (air coolers), plate-bundle heat exchangers and A2 pressure vessels, as well as planetary differential start of oil extraction machines.

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