Suzhou Etron Technologies Co (SHSE:603380) Price-to-Tangible-Book : 2.46 (As of May. 09, 2024)

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What is Suzhou Etron Technologies Co Price-to-Tangible-Book?

As of today (2024-05-09), Suzhou Etron Technologies Co's share price is ¥20.53. Suzhou Etron Technologies Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥8.33. Hence, Suzhou Etron Technologies Co's Price to Tangible Book Ratio of today is 2.46.

The historical rank and industry rank for Suzhou Etron Technologies Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603380' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.36 Med: 3.56 Max: 6.96
Current: 2.46

During the past 12 years, Suzhou Etron Technologies Co's highest Price to Tangible Book Ratio was 6.96. The lowest was 2.36. And the median was 3.56.

SHSE:603380's Price-to-Tangible-Book is ranked worse than
59.48% of 2305 companies
in the Hardware industry
Industry Median: 2.09 vs SHSE:603380: 2.46

A closely related ratio is called PB Ratio. As of today, Suzhou Etron Technologies Co's share price is ¥20.53. Suzhou Etron Technologies Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥8.61. Hence, Suzhou Etron Technologies Co's P/B Ratio of today is 2.39.

Suzhou Etron Technologies Co Price-to-Tangible-Book Historical Data

The historical data trend for Suzhou Etron Technologies 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.

Suzhou Etron Technologies Co Price-to-Tangible-Book Chart

Suzhou Etron Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.22

3.42

5.63

3.51

3.16

Suzhou Etron Technologies 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															3.37	2.93	3.00	3.16	2.36

Competitive Comparison of Suzhou Etron Technologies Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Suzhou Etron Technologies 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.

Suzhou Etron Technologies Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Suzhou Etron Technologies Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Suzhou Etron Technologies Co's Price-to-Tangible-Book falls into.

Suzhou Etron Technologies Co Price-to-Tangible-Book Calculation

Suzhou Etron Technologies 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 )
	=	20.53	/	8.334
	=	2.46

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Suzhou Etron Technologies Co Price-to-Tangible-Book Related Terms

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

Suzhou Etron Technologies Co (SHSE:603380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suzhou Etron Technologies Co Ltd (SHSE:603380) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

No. 50, Chunxing Road, Xiangcheng Economic Development Zone, Jiangsu Province, Suzhou, CHN, 215143

Website

http://www.etron.cn

Suzhou Etron Technologies Co Ltd is an electronics manufacturing services provider. The company's primary business includes the electronic manufacturing and testing, supply chain management, customized research and development, as well as engineering and technical support solutions. The company's product line consists of an industrial product, telecommunication product, health care product, automotive product, high-end consumer product and aerospace product.

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