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Lihuayi Weiyuan Chemical Co (SHSE:600955) Price-to-Tangible-Book : 1.11 (As of May. 29, 2024)


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What is Lihuayi Weiyuan Chemical Co Price-to-Tangible-Book?

As of today (2024-05-29), Lihuayi Weiyuan Chemical Co's share price is ¥16.88. Lihuayi Weiyuan Chemical Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥15.26. Hence, Lihuayi Weiyuan Chemical Co's Price to Tangible Book Ratio of today is 1.11.

The historical rank and industry rank for Lihuayi Weiyuan Chemical Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600955' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.98   Med: 1.44   Max: 3.36
Current: 1.11

During the past 7 years, Lihuayi Weiyuan Chemical Co's highest Price to Tangible Book Ratio was 3.36. The lowest was 0.98. And the median was 1.44.

SHSE:600955's Price-to-Tangible-Book is ranked better than
72.71% of 1484 companies
in the Chemicals industry
Industry Median: 1.805 vs SHSE:600955: 1.11

A closely related ratio is called PB Ratio. As of today, Lihuayi Weiyuan Chemical Co's share price is ¥16.88. Lihuayi Weiyuan Chemical Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥15.68. Hence, Lihuayi Weiyuan Chemical Co's P/B Ratio of today is 1.08.


Lihuayi Weiyuan Chemical Co Price-to-Tangible-Book Historical Data

The historical data trend for Lihuayi Weiyuan Chemical 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.

Lihuayi Weiyuan Chemical Co Price-to-Tangible-Book Chart

Lihuayi Weiyuan Chemical Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 3.09 1.36 1.18

Lihuayi Weiyuan Chemical Co Quarterly Data
Dec17 Dec18 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 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 1.44 1.28 1.31 1.18 0.98

Competitive Comparison of Lihuayi Weiyuan Chemical Co's Price-to-Tangible-Book

For the Chemicals subindustry, Lihuayi Weiyuan Chemical 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.


Lihuayi Weiyuan Chemical Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lihuayi Weiyuan Chemical Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lihuayi Weiyuan Chemical Co's Price-to-Tangible-Book falls into.



Lihuayi Weiyuan Chemical Co Price-to-Tangible-Book Calculation

Lihuayi Weiyuan Chemical 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 )
=16.88/15.258
=1.11

* 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.


Lihuayi Weiyuan Chemical Co Price-to-Tangible-Book Related Terms

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Lihuayi Weiyuan Chemical Co (SHSE:600955) Business Description

Traded in Other Exchanges
N/A
Address
No. 208, Lishi Road, Lijin County, Shandong Province, Dongying, CHN, 257400
Lihuayi Weiyuan Chemical Co Ltd is engaged in the research and development, production and sales of new organic chemistry materials mainly include phenol, acetone, bisphenol A, polycarbonate and isopropanol.

Lihuayi Weiyuan Chemical Co (SHSE:600955) Headlines

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