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Chengdu Xingrong Environment Co (SZSE:000598) Price-to-Tangible-Book : 5.54 (As of May. 08, 2024)


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What is Chengdu Xingrong Environment Co Price-to-Tangible-Book?

As of today (2024-05-08), Chengdu Xingrong Environment Co's share price is ¥7.35. Chengdu Xingrong Environment Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥1.33. Hence, Chengdu Xingrong Environment Co's Price to Tangible Book Ratio of today is 5.54.

The historical rank and industry rank for Chengdu Xingrong Environment Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000598' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.91   Med: 3.12   Max: 6.95
Current: 5.53

During the past 13 years, Chengdu Xingrong Environment Co's highest Price to Tangible Book Ratio was 6.95. The lowest was 1.91. And the median was 3.12.

SZSE:000598's Price-to-Tangible-Book is ranked worse than
90.47% of 472 companies
in the Utilities - Regulated industry
Industry Median: 1.805 vs SZSE:000598: 5.53

A closely related ratio is called PB Ratio. As of today, Chengdu Xingrong Environment Co's share price is ¥7.35. Chengdu Xingrong Environment Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.73. Hence, Chengdu Xingrong Environment Co's P/B Ratio of today is 1.28.


Chengdu Xingrong Environment Co Price-to-Tangible-Book Historical Data

The historical data trend for Chengdu Xingrong Environment 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.

Chengdu Xingrong Environment Co Price-to-Tangible-Book Chart

Chengdu Xingrong Environment 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 2.72 3.46 6.95 4.40 4.89

Chengdu Xingrong Environment 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 4.44 4.38 5.30 4.89 4.85

Competitive Comparison of Chengdu Xingrong Environment Co's Price-to-Tangible-Book

For the Utilities - Regulated Water subindustry, Chengdu Xingrong Environment 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.


Chengdu Xingrong Environment Co's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Chengdu Xingrong Environment Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Chengdu Xingrong Environment Co's Price-to-Tangible-Book falls into.



Chengdu Xingrong Environment Co Price-to-Tangible-Book Calculation

Chengdu Xingrong Environment 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 )
=7.35/1.327
=5.54

* 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.


Chengdu Xingrong Environment Co Price-to-Tangible-Book Related Terms

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Chengdu Xingrong Environment Co (SZSE:000598) Business Description

Traded in Other Exchanges
N/A
Address
1000 Jincheng Avenue, High-tech Zone, Qingyang District, Chengdu, CHN, 610041
Chengdu Xingrong Environment Co Ltd is a large-scale water and environmental protection integrated service provider in China. It is mainly engaged in the production and supply of tap water, sewage treatment, utilization of recycled water, sludge disposal, landfill leachate treatment, and waste incineration power generation. The company integrates investment, research, and development, design, construction and operation, and has a complete industrial chain.

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