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Luxin Venture Capital Group Co (SHSE:600783) Price-to-Tangible-Book : 1.82 (As of May. 22, 2024)


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What is Luxin Venture Capital Group Co Price-to-Tangible-Book?

As of today (2024-05-22), Luxin Venture Capital Group Co's share price is ¥10.87. Luxin Venture Capital Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.97. Hence, Luxin Venture Capital Group Co's Price to Tangible Book Ratio of today is 1.82.

The historical rank and industry rank for Luxin Venture Capital Group Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600783' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.82   Med: 3.07   Max: 8.63
Current: 1.82

During the past 13 years, Luxin Venture Capital Group Co's highest Price to Tangible Book Ratio was 8.63. The lowest was 1.82. And the median was 3.07.

SHSE:600783's Price-to-Tangible-Book is ranked better than
58.14% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs SHSE:600783: 1.82

A closely related ratio is called PB Ratio. As of today, Luxin Venture Capital Group Co's share price is ¥10.87. Luxin Venture Capital Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.99. Hence, Luxin Venture Capital Group Co's P/B Ratio of today is 1.82.


Luxin Venture Capital Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Luxin Venture Capital Group 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.

Luxin Venture Capital Group Co Price-to-Tangible-Book Chart

Luxin Venture Capital Group 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 3.26 2.94 2.30 2.04 1.88

Luxin Venture Capital Group 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 2.18 2.09 2.13 1.88 1.88

Competitive Comparison of Luxin Venture Capital Group Co's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Luxin Venture Capital Group 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.


Luxin Venture Capital Group Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luxin Venture Capital Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Luxin Venture Capital Group Co's Price-to-Tangible-Book falls into.



Luxin Venture Capital Group Co Price-to-Tangible-Book Calculation

Luxin Venture Capital Group 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 )
=10.87/5.966
=1.82

* 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.


Luxin Venture Capital Group Co Price-to-Tangible-Book Related Terms

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Luxin Venture Capital Group Co (SHSE:600783) Business Description

Traded in Other Exchanges
N/A
Address
9999 Jingshi Road, Golden Times Square, 4th Floor, Block C, Jinan, CHN, 250101
Luxin Venture Capital Group Co Ltd is a China-based venture capital company. It is engaged in the investment in industries such as advanced manufacturing, modern agriculture, and marine economy; strategic emerging industries such as information technology, energy conservation and environmental protection, new energy, new materials, biotechnology and high-end equipment manufacturing. It is also involved in the fund management business which includes government-managed investment funds and market-oriented self-investment funds.

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