GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shandong Nanshan Aluminum Co Ltd (SHSE:600219) » Definitions » Price-to-Tangible-Book

Shandong Nanshan Aluminum Co (SHSE:600219) Price-to-Tangible-Book : 0.98 (As of May. 17, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Shandong Nanshan Aluminum Co Price-to-Tangible-Book?

As of today (2024-05-17), Shandong Nanshan Aluminum Co's share price is ¥3.79. Shandong Nanshan Aluminum Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.87. Hence, Shandong Nanshan Aluminum Co's Price to Tangible Book Ratio of today is 0.98.

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

SHSE:600219' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.61   Med: 0.91   Max: 1.39
Current: 0.98

During the past 13 years, Shandong Nanshan Aluminum Co's highest Price to Tangible Book Ratio was 1.39. The lowest was 0.61. And the median was 0.91.

SHSE:600219's Price-to-Tangible-Book is ranked better than
62.95% of 2227 companies
in the Metals & Mining industry
Industry Median: 1.37 vs SHSE:600219: 0.98

A closely related ratio is called PB Ratio. As of today, Shandong Nanshan Aluminum Co's share price is ¥3.79. Shandong Nanshan Aluminum Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.07. Hence, Shandong Nanshan Aluminum Co's P/B Ratio of today is 0.93.


Shandong Nanshan Aluminum Co Price-to-Tangible-Book Historical Data

The historical data trend for Shandong Nanshan Aluminum 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 Nanshan Aluminum Co Price-to-Tangible-Book Chart

Shandong Nanshan Aluminum 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 0.73 0.99 1.39 0.90 0.75

Shandong Nanshan Aluminum Co Quarterly Data
Jun19 Sep19 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 0.91 0.80 0.82 0.75 0.88

Competitive Comparison of Shandong Nanshan Aluminum Co's Price-to-Tangible-Book

For the Aluminum subindustry, Shandong Nanshan Aluminum 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 Nanshan Aluminum Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shandong Nanshan Aluminum Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shandong Nanshan Aluminum Co's Price-to-Tangible-Book falls into.



Shandong Nanshan Aluminum Co Price-to-Tangible-Book Calculation

Shandong Nanshan Aluminum 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 )
=3.79/3.87
=0.98

* 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 Nanshan Aluminum Co Price-to-Tangible-Book Related Terms

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


Shandong Nanshan Aluminum Co (SHSE:600219) Business Description

Traded in Other Exchanges
N/A
Address
Nanshan Village, Dongjiang Town, Shandong Province, Longkou, CHN, 265706
Shandong Nanshan Aluminum Co Ltd is engaged in the production and distribution of aluminum products. It offers aluminum profiles, high-precision aluminum plates, strips, foils and other products. The products of the company are sold in China and overseas markets including North America, Europe, Africa, Australia and Southeast Asia.

Shandong Nanshan Aluminum Co (SHSE:600219) Headlines

No Headlines