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CECEP Wind Power (SHSE:601016) Price-to-Tangible-Book : 1.25 (As of May. 22, 2024)


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What is CECEP Wind Power Price-to-Tangible-Book?

As of today (2024-05-22), CECEP Wind Power's share price is ¥3.25. CECEP Wind Power's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.60. Hence, CECEP Wind Power's Price to Tangible Book Ratio of today is 1.25.

The historical rank and industry rank for CECEP Wind Power's Price-to-Tangible-Book or its related term are showing as below:

SHSE:601016' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.13   Med: 1.95   Max: 16.3
Current: 1.25

During the past 13 years, CECEP Wind Power's highest Price to Tangible Book Ratio was 16.30. The lowest was 1.13. And the median was 1.95.

SHSE:601016's Price-to-Tangible-Book is ranked better than
57.07% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.49 vs SHSE:601016: 1.25

A closely related ratio is called PB Ratio. As of today, CECEP Wind Power's share price is ¥3.25. CECEP Wind Power's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.66. Hence, CECEP Wind Power's P/B Ratio of today is 1.22.


CECEP Wind Power Price-to-Tangible-Book Historical Data

The historical data trend for CECEP Wind Power'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.

CECEP Wind Power Price-to-Tangible-Book Chart

CECEP Wind Power 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 1.39 1.78 3.03 1.59 1.18

CECEP Wind Power 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 1.58 1.50 1.31 1.18 1.13

Competitive Comparison of CECEP Wind Power's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, CECEP Wind Power'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.


CECEP Wind Power's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CECEP Wind Power's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CECEP Wind Power's Price-to-Tangible-Book falls into.



CECEP Wind Power Price-to-Tangible-Book Calculation

CECEP Wind Power's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3.25/2.602
=1.25

* 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.


CECEP Wind Power Price-to-Tangible-Book Related Terms

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


CECEP Wind Power (SHSE:601016) Business Description

Traded in Other Exchanges
N/A
Address
Jieneng Mansion No.42, Xizhimen North Street, 12F Building A, Haidian District, Beijing, CHN, 100082
CECEP Wind Power Corp is a China-based company engages in the development, investment management, construction, operation and maintenance of wind power projects. It also involves in integrated resource exploration as well as engages in the manufacture and construction of turbine design. It holds main wind power station projects, which situated at Zhangbei, Hebei province, Dabancheng, Xinjiang Province, and Jiuquan, Gansu province, China.

CECEP Wind Power (SHSE:601016) Headlines

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