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Xinxiang Chemical Fibre Co (SZSE:000949) Price-to-Tangible-Book : 1.05 (As of May. 25, 2024)


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What is Xinxiang Chemical Fibre Co Price-to-Tangible-Book?

As of today (2024-05-25), Xinxiang Chemical Fibre Co's share price is ¥3.75. Xinxiang Chemical Fibre Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.57. Hence, Xinxiang Chemical Fibre Co's Price to Tangible Book Ratio of today is 1.05.

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

SZSE:000949' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 1.31   Max: 3.68
Current: 1.05

During the past 13 years, Xinxiang Chemical Fibre Co's highest Price to Tangible Book Ratio was 3.68. The lowest was 0.83. And the median was 1.31.

SZSE:000949's Price-to-Tangible-Book is ranked better than
74.88% of 1485 companies
in the Chemicals industry
Industry Median: 1.8 vs SZSE:000949: 1.05

A closely related ratio is called PB Ratio. As of today, Xinxiang Chemical Fibre Co's share price is ¥3.75. Xinxiang Chemical Fibre Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.76. Hence, Xinxiang Chemical Fibre Co's P/B Ratio of today is 1.00.


Xinxiang Chemical Fibre Co Price-to-Tangible-Book Historical Data

The historical data trend for Xinxiang Chemical Fibre 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.

Xinxiang Chemical Fibre Co Price-to-Tangible-Book Chart

Xinxiang Chemical Fibre 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 1.31 1.11 1.35 0.93 0.92

Xinxiang Chemical Fibre 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 0.96 0.90 0.90 0.92 0.87

Competitive Comparison of Xinxiang Chemical Fibre Co's Price-to-Tangible-Book

For the Chemicals subindustry, Xinxiang Chemical Fibre 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.


Xinxiang Chemical Fibre Co's Price-to-Tangible-Book Distribution in the Chemicals Industry

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

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



Xinxiang Chemical Fibre Co Price-to-Tangible-Book Calculation

Xinxiang Chemical Fibre 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 )
=3.75/3.569
=1.05

* 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.


Xinxiang Chemical Fibre Co Price-to-Tangible-Book Related Terms

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


Xinxiang Chemical Fibre Co (SZSE:000949) Business Description

Traded in Other Exchanges
N/A
Address
South side of Xinchang Road, Economic and Technological Development Zone, Henan, Xinxiang, CHN, 453006
Xinxiang Chemical Fibre Co Ltd specializes in producing chemical fiber textile raw materials in China. Their main products are centrifugal viscose rayon filament yarn, continuous viscose rayon filament yarn, viscose staple fiber, and polyester. The company's products are not only sold in the Chinese market but also exported to more than 30 countries and regions such as Germany, Italy, Japan, South Korea and India.
Executives
Zhu Xue Xin Supervisors
Chen Xi An Executives
Lu Wei Executives
Zhang Jia Qi Directors, executives
Wang Wen Xin Director
Shao Zhang Jin Director
Ji Yu Dong Directors, executives
Feng Li Ping Executives
Yue Sheng Li Director
Zhou Xue Li Executives
Song De Shun Executives
Cao Jun You Executives
Xiao Shu Bin Director
Zhou Jian Hua Supervisors
Jia Bao Liang Directors, executives

Xinxiang Chemical Fibre Co (SZSE:000949) Headlines

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