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Shanghai Huafon Aluminium (SHSE:601702) Price-to-Tangible-Book : 4.21 (As of May. 21, 2024)


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What is Shanghai Huafon Aluminium Price-to-Tangible-Book?

As of today (2024-05-21), Shanghai Huafon Aluminium's share price is ¥19.43. Shanghai Huafon Aluminium's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.62. Hence, Shanghai Huafon Aluminium's Price to Tangible Book Ratio of today is 4.21.

The historical rank and industry rank for Shanghai Huafon Aluminium's Price-to-Tangible-Book or its related term are showing as below:

SHSE:601702' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.62   Med: 3.71   Max: 5.01
Current: 4.21

During the past 9 years, Shanghai Huafon Aluminium's highest Price to Tangible Book Ratio was 5.01. The lowest was 2.62. And the median was 3.71.

SHSE:601702's Price-to-Tangible-Book is ranked worse than
83.6% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.37 vs SHSE:601702: 4.21

A closely related ratio is called PB Ratio. As of today, Shanghai Huafon Aluminium's share price is ¥19.43. Shanghai Huafon Aluminium's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.79. Hence, Shanghai Huafon Aluminium's P/B Ratio of today is 4.06.


Shanghai Huafon Aluminium Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Huafon Aluminium'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.

Shanghai Huafon Aluminium Price-to-Tangible-Book Chart

Shanghai Huafon Aluminium Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 3.36 4.15 4.19 4.12

Shanghai Huafon Aluminium 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 3.44 3.52 3.71 4.12 4.06

Competitive Comparison of Shanghai Huafon Aluminium's Price-to-Tangible-Book

For the Aluminum subindustry, Shanghai Huafon Aluminium'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.


Shanghai Huafon Aluminium's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shanghai Huafon Aluminium's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shanghai Huafon Aluminium's Price-to-Tangible-Book falls into.



Shanghai Huafon Aluminium Price-to-Tangible-Book Calculation

Shanghai Huafon Aluminium's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=19.43/4.616
=4.21

* 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.


Shanghai Huafon Aluminium Price-to-Tangible-Book Related Terms

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


Shanghai Huafon Aluminium (SHSE:601702) Business Description

Traded in Other Exchanges
N/A
Address
1111 Yuegong Road, Jinshan District, Shanghai, CHN, 201506
Shanghai Huafon Aluminium Corp is engaged in production and sales of aluminum sheet, strip and foil. The company's products include brazed heat exchangers material; water tanks, heaters, air coolers; condenser; evaporator, heater, oil cooler; and Other Industrial Products Materials. Its products line covers all kinds of alloyed material and specifications which is widely used in the automobile and construction machinery and equipment cooling systems, power station cooling system, micro-channel cooler and all kinds of both commercial and residential air-conditioners. It also processes all kinds of aluminum products processing 1,3,4,5,7 series, which are widely used in transportation construction, food packaging, electronics information industry and other fields.

Shanghai Huafon Aluminium (SHSE:601702) Headlines

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