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Shanghai Hi-Tech Control System Co (SZSE:002184) Price-to-Tangible-Book : 2.40 (As of Jun. 10, 2024)


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What is Shanghai Hi-Tech Control System Co Price-to-Tangible-Book?

As of today (2024-06-10), Shanghai Hi-Tech Control System Co's share price is ¥9.01. Shanghai Hi-Tech Control System Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.75. Hence, Shanghai Hi-Tech Control System Co's Price to Tangible Book Ratio of today is 2.40.

The historical rank and industry rank for Shanghai Hi-Tech Control System Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002184' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.39   Med: 3.86   Max: 14.11
Current: 2.4

During the past 13 years, Shanghai Hi-Tech Control System Co's highest Price to Tangible Book Ratio was 14.11. The lowest was 2.39. And the median was 3.86.

SZSE:002184's Price-to-Tangible-Book is ranked better than
63.52% of 2089 companies
in the Software industry
Industry Median: 3.47 vs SZSE:002184: 2.40

A closely related ratio is called PB Ratio. As of today, Shanghai Hi-Tech Control System Co's share price is ¥9.01. Shanghai Hi-Tech Control System Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.90. Hence, Shanghai Hi-Tech Control System Co's P/B Ratio of today is 2.31.


Shanghai Hi-Tech Control System Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Hi-Tech Control System 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 Hi-Tech Control System Co Price-to-Tangible-Book Chart

Shanghai Hi-Tech Control System 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 2.74 3.20 4.40 3.23 4.02

Shanghai Hi-Tech Control System 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 3.95 4.55 4.21 4.02 3.32

Competitive Comparison of Shanghai Hi-Tech Control System Co's Price-to-Tangible-Book

For the Information Technology Services subindustry, Shanghai Hi-Tech Control System 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 Hi-Tech Control System Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai Hi-Tech Control System Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shanghai Hi-Tech Control System Co's Price-to-Tangible-Book falls into.



Shanghai Hi-Tech Control System Co Price-to-Tangible-Book Calculation

Shanghai Hi-Tech Control System 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 )
=9.01/3.754
=2.40

* 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 Hi-Tech Control System Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Shanghai Hi-Tech Control System Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Hi-Tech Control System Co (SZSE:002184) Business Description

Traded in Other Exchanges
N/A
Address
No. 900 Yishan Road, Science and Technology Development Building, Block B, 17F, Shanghai, Shanghai, CHN, 200233
Shanghai Hi-Tech Control System Co Ltd operates in the field of industry informatization and automation. The company provides industry users with informatization and intelligentization control products, electric automation and informatization products. Its products offering include a wind turbine converter, industrial control products and systems, industrial network products, and power electric products.
Executives
Zhao Da Di Director
Guo Meng Rong Directors, executives
Xu Hong Director
Wu Qiu Nong Directors, executives
Lu Wen Jing Supervisors
He Yong Jun Executives
Hu Yu Executives, directors
Shi Chao Zhu Director
Zhang Zhe Zhi Executives
Wang Xiao Bo Supervisors
Wu Huan Qun Supervisors
Fang Jian Director
Sheng Ya Ping Supervisors

Shanghai Hi-Tech Control System Co (SZSE:002184) Headlines

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