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Hangzhou Greenda Electronic Materials Co (SHSE:603931) Price-to-Tangible-Book : 3.04 (As of May. 25, 2024)


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What is Hangzhou Greenda Electronic Materials Co Price-to-Tangible-Book?

As of today (2024-05-25), Hangzhou Greenda Electronic Materials Co's share price is ¥21.96. Hangzhou Greenda Electronic Materials Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥7.21. Hence, Hangzhou Greenda Electronic Materials Co's Price to Tangible Book Ratio of today is 3.04.

The historical rank and industry rank for Hangzhou Greenda Electronic Materials Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603931' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.81   Med: 4.09   Max: 5.28
Current: 3.05

During the past 8 years, Hangzhou Greenda Electronic Materials Co's highest Price to Tangible Book Ratio was 5.28. The lowest was 2.81. And the median was 4.09.

SHSE:603931's Price-to-Tangible-Book is ranked worse than
71.25% of 1485 companies
in the Chemicals industry
Industry Median: 1.8 vs SHSE:603931: 3.05

A closely related ratio is called PB Ratio. As of today, Hangzhou Greenda Electronic Materials Co's share price is ¥21.96. Hangzhou Greenda Electronic Materials Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥7.55. Hence, Hangzhou Greenda Electronic Materials Co's P/B Ratio of today is 2.91.


Hangzhou Greenda Electronic Materials Co Price-to-Tangible-Book Historical Data

The historical data trend for Hangzhou Greenda Electronic Materials 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.

Hangzhou Greenda Electronic Materials Co Price-to-Tangible-Book Chart

Hangzhou Greenda Electronic Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 4.04 4.11 4.27 3.64

Hangzhou Greenda Electronic Materials 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 5.28 4.67 4.27 3.64 2.81

Competitive Comparison of Hangzhou Greenda Electronic Materials Co's Price-to-Tangible-Book

For the Chemicals subindustry, Hangzhou Greenda Electronic Materials 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.


Hangzhou Greenda Electronic Materials Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

* The bar in red indicates where Hangzhou Greenda Electronic Materials Co's Price-to-Tangible-Book falls into.



Hangzhou Greenda Electronic Materials Co Price-to-Tangible-Book Calculation

Hangzhou Greenda Electronic Materials 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 )
=21.96/7.214
=3.04

* 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.


Hangzhou Greenda Electronic Materials Co Price-to-Tangible-Book Related Terms

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Hangzhou Greenda Electronic Materials Co (SHSE:603931) Business Description

Traded in Other Exchanges
N/A
Address
No. 9936, Hong15 Road, Linjiang Industrial Park, Xiaoshan, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311228
Hangzhou Greenda Electronic Materials Co Ltd is engaged in production and sales of ultra-clean and high-purity wet electronic chemicals. The company is a developer of TMAH and provides various electronic chemical products for TFT-LCD, IC, PV and other industries and integrated management services. Its products include Hydrochloric Acid, Sulphuric acid, Phosphoric acid, Nitric acid, Tetramethylammonium Hydroxide, Isopropanol, Potassium Hydroxide, among others.
Executives
Yin Yun Jian Director

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