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Changzheng Engineering Technology Co (SHSE:603698) Price-to-Tangible-Book : 2.15 (As of May. 25, 2024)


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What is Changzheng Engineering Technology Co Price-to-Tangible-Book?

As of today (2024-05-25), Changzheng Engineering Technology Co's share price is ¥12.56. Changzheng Engineering Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.84. Hence, Changzheng Engineering Technology Co's Price to Tangible Book Ratio of today is 2.15.

The historical rank and industry rank for Changzheng Engineering Technology Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603698' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.09   Med: 2.86   Max: 8.02
Current: 2.15

During the past 13 years, Changzheng Engineering Technology Co's highest Price to Tangible Book Ratio was 8.02. The lowest was 2.09. And the median was 2.86.

SHSE:603698's Price-to-Tangible-Book is ranked worse than
65.32% of 1508 companies
in the Construction industry
Industry Median: 1.33 vs SHSE:603698: 2.15

A closely related ratio is called PB Ratio. As of today, Changzheng Engineering Technology Co's share price is ¥12.56. Changzheng Engineering Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.13. Hence, Changzheng Engineering Technology Co's P/B Ratio of today is 2.05.


Changzheng Engineering Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Changzheng Engineering Technology 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.

Changzheng Engineering Technology Co Price-to-Tangible-Book Chart

Changzheng Engineering Technology 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 2.49 2.21 3.39 2.13 2.47

Changzheng Engineering Technology 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 2.63 2.87 2.51 2.47 2.28

Competitive Comparison of Changzheng Engineering Technology Co's Price-to-Tangible-Book

For the Engineering & Construction subindustry, Changzheng Engineering Technology 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.


Changzheng Engineering Technology Co's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Changzheng Engineering Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Changzheng Engineering Technology Co's Price-to-Tangible-Book falls into.



Changzheng Engineering Technology Co Price-to-Tangible-Book Calculation

Changzheng Engineering Technology 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 )
=12.56/5.837
=2.15

* 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.


Changzheng Engineering Technology Co Price-to-Tangible-Book Related Terms

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Changzheng Engineering Technology Co (SHSE:603698) Business Description

Traded in Other Exchanges
N/A
Address
No. 141, Jinghai 4th Road, Beijing Economic and Technological Development Zone, Ludong District, Beijing, CHN, 101111
Changzheng Engineering Co Ltd is the National Technology Engineering Research Center for Pulverized Coal Pressurized Gasification in the industry. The company provides various services such as Simulation training, Driving service, Zero inventory service, Remote service, and others. Its project construction involves Ruixing Project, Xinjiang Manais 40/60 project, Ammonia plant with 300 thousand tons/year of Anhui Haoyuan Chemical Company, and others.

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