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Tunghsu Azure Renewable Energy Co (SZSE:000040) Price-to-Tangible-Book : 0.34 (As of May. 24, 2024)


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What is Tunghsu Azure Renewable Energy Co Price-to-Tangible-Book?

As of today (2024-05-24), Tunghsu Azure Renewable Energy Co's share price is ¥2.41. Tunghsu Azure Renewable Energy Co's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ¥7.17. Hence, Tunghsu Azure Renewable Energy Co's Price to Tangible Book Ratio of today is 0.34.

The historical rank and industry rank for Tunghsu Azure Renewable Energy Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000040' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34   Med: 0.9   Max: 5.45
Current: 0.34

During the past 13 years, Tunghsu Azure Renewable Energy Co's highest Price to Tangible Book Ratio was 5.45. The lowest was 0.34. And the median was 0.90.

SZSE:000040's Price-to-Tangible-Book is ranked better than
93.69% of 396 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.47 vs SZSE:000040: 0.34

A closely related ratio is called PB Ratio. As of today, Tunghsu Azure Renewable Energy Co's share price is ¥2.41. Tunghsu Azure Renewable Energy Co's Book Value per Sharefor the quarter that ended in Sep. 2023 was ¥7.61. Hence, Tunghsu Azure Renewable Energy Co's P/B Ratio of today is 0.32.


Tunghsu Azure Renewable Energy Co Price-to-Tangible-Book Historical Data

The historical data trend for Tunghsu Azure Renewable Energy 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.

Tunghsu Azure Renewable Energy Co Price-to-Tangible-Book Chart

Tunghsu Azure Renewable Energy Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.51 0.46 0.54 0.51

Tunghsu Azure Renewable Energy Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.57 0.51 0.55 0.58 0.53

Competitive Comparison of Tunghsu Azure Renewable Energy Co's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Tunghsu Azure Renewable Energy 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.


Tunghsu Azure Renewable Energy Co's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tunghsu Azure Renewable Energy Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tunghsu Azure Renewable Energy Co's Price-to-Tangible-Book falls into.



Tunghsu Azure Renewable Energy Co Price-to-Tangible-Book Calculation

Tunghsu Azure Renewable Energy Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=2.41/7.172
=0.34

* 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.


Tunghsu Azure Renewable Energy Co Price-to-Tangible-Book Related Terms

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Tunghsu Azure Renewable Energy Co (SZSE:000040) Business Description

Traded in Other Exchanges
N/A
Address
25-27th Floor Hongji Building, No 1011 Dong Men Zhong Road, Guangdong, Shenzhen, CHN, 518001
Tunghsu Azure Renewable Energy Co Ltd is engaged in the business of new energy and ecological protection. It offers smart energy with multi-complementary, integrated distribution, and cogeneration of cold and heat, through environmental protection. The company also provides a package of green development solution. Its business scope covers ecological comprehensive management, water environment restoration and operation, soil and mine restoration, and hazardous waste/solid waste treatment. In addition, it provides local governments with planning and design in the fields of infrastructure construction and eco-environmental protection, investment, construction, operations, management, and other life cycle solutions.
Executives
Chen Wei Director
Li Dong Ming Executives
You Ming Tian Supervisors
Chen Han Zhong Executives
Luo Wei Guang Executives
Yan Jin Hui Director
Qiu Sheng Kai Executives
Huang Xu Hui Executives
Deng Xue Qin Director
Shen Shu Jiang Executives
Lin Yin Fu Supervisors
Zhou Ke Tian Director

Tunghsu Azure Renewable Energy Co (SZSE:000040) Headlines

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