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Luxi Chemical Group Co (SZSE:000830) Price-to-Tangible-Book : 1.56 (As of May. 22, 2024)


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What is Luxi Chemical Group Co Price-to-Tangible-Book?

As of today (2024-05-22), Luxi Chemical Group Co's share price is ¥12.38. Luxi Chemical Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥7.92. Hence, Luxi Chemical Group Co's Price to Tangible Book Ratio of today is 1.56.

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

SZSE:000830' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.94   Med: 1.56   Max: 2.69
Current: 1.56

During the past 13 years, Luxi Chemical Group Co's highest Price to Tangible Book Ratio was 2.69. The lowest was 0.94. And the median was 1.56.

SZSE:000830's Price-to-Tangible-Book is ranked better than
57.4% of 1486 companies
in the Chemicals industry
Industry Median: 1.835 vs SZSE:000830: 1.56

A closely related ratio is called PB Ratio. As of today, Luxi Chemical Group Co's share price is ¥12.38. Luxi Chemical Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥9.12. Hence, Luxi Chemical Group Co's P/B Ratio of today is 1.36.


Luxi Chemical Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Luxi Chemical 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.

Luxi Chemical Group Co Price-to-Tangible-Book Chart

Luxi Chemical Group 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 1.56 1.52 1.82 1.58 1.32

Luxi Chemical Group 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 1.70 1.46 1.52 1.32 1.20

Competitive Comparison of Luxi Chemical Group Co's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Luxi Chemical 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.


Luxi Chemical Group Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

* The bar in red indicates where Luxi Chemical Group Co's Price-to-Tangible-Book falls into.



Luxi Chemical Group Co Price-to-Tangible-Book Calculation

Luxi Chemical 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 )
=12.38/7.92
=1.56

* 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.


Luxi Chemical Group Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Luxi Chemical Group Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Luxi Chemical Group Co (SZSE:000830) Business Description

Traded in Other Exchanges
N/A
Address
Chemical Industry Park, Dong'e County, Liaocheng, Shandong, CHN, 252211
Luxi Chemical Group Co Ltd is a municipal and state-owned enterprise. The company is involved in many industrial fields such as coal chemical, fluorine and silicon chemical, new material, fertilizer, Research, and development, as well as Chemical Equipment, Chemical Engineering, New Energy Equipment, catalyst, and Finance. Geographically company is in China and caters to U.S.A, Russia, Brazil, India, Australia, South Korea, Japan, Pakistan, and Turkey market.

Luxi Chemical Group Co (SZSE:000830) Headlines

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