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Shanghai Electric Wind Power Group Co (SHSE:688660) Price-to-Tangible-Book : 0.83 (As of May. 25, 2024)


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What is Shanghai Electric Wind Power Group Co Price-to-Tangible-Book?

As of today (2024-05-25), Shanghai Electric Wind Power Group Co's share price is ¥3.41. Shanghai Electric Wind Power Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.11. Hence, Shanghai Electric Wind Power Group Co's Price to Tangible Book Ratio of today is 0.83.

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

SHSE:688660' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 1.21   Max: 2.2
Current: 0.83

During the past 7 years, Shanghai Electric Wind Power Group Co's highest Price to Tangible Book Ratio was 2.20. The lowest was 0.83. And the median was 1.21.

SHSE:688660's Price-to-Tangible-Book is ranked better than
74.24% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.47 vs SHSE:688660: 0.83

A closely related ratio is called PB Ratio. As of today, Shanghai Electric Wind Power Group Co's share price is ¥3.41. Shanghai Electric Wind Power Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.24. Hence, Shanghai Electric Wind Power Group Co's P/B Ratio of today is 0.80.


Shanghai Electric Wind Power Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Electric Wind Power Group 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.

Shanghai Electric Wind Power Group Co Price-to-Tangible-Book Chart

Shanghai Electric Wind Power Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 2.10 1.16 1.21

Shanghai Electric Wind Power Group Co Quarterly Data
Mar19 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 1.21 1.13 1.08 1.21 0.92

Competitive Comparison of Shanghai Electric Wind Power Group Co's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Shanghai Electric Wind Power Group 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.


Shanghai Electric Wind Power Group Co's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Shanghai Electric Wind Power Group Co's Price-to-Tangible-Book falls into.



Shanghai Electric Wind Power Group Co Price-to-Tangible-Book Calculation

Shanghai Electric Wind Power Group 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 )
=3.41/4.105
=0.83

* 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 Electric Wind Power Group Co Price-to-Tangible-Book Related Terms

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Shanghai Electric Wind Power Group Co (SHSE:688660) Business Description

Traded in Other Exchanges
N/A
Address
No. 555, Dongchuan Road, 8th Floor, Building, Minhang District, Shanghai, CHN, 200240
Shanghai Electric Wind Power Group Co Ltd is engaged in the design, research and development, manufacturing and sales, and aftermarket supporting services of Wind power equipment.
Executives
Huang Feng Feng senior management
Wang Hong Chun Supervisors
Qiao Yin Ping Director
Wang Yong Directors, senior managers
Liu Xiang Nan Directors, senior managers
Wu Gai Directors, senior managers
Wang Ming Jun senior management
Zheng Gang Directors, senior managers
Zhu Zhi Quan Core technical personnel

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