GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SMS Electric Co Ltd Zhengzhou (SZSE:002857) » Definitions » Price-to-Tangible-Book

SMS Electric Co Zhengzhou (SZSE:002857) Price-to-Tangible-Book : 3.33 (As of May. 26, 2024)


View and export this data going back to 2017. Start your Free Trial

What is SMS Electric Co Zhengzhou Price-to-Tangible-Book?

As of today (2024-05-26), SMS Electric Co Zhengzhou's share price is ¥12.72. SMS Electric Co Zhengzhou's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.82. Hence, SMS Electric Co Zhengzhou's Price to Tangible Book Ratio of today is 3.33.

The historical rank and industry rank for SMS Electric Co Zhengzhou's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002857' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.99   Med: 3.92   Max: 7.6
Current: 3.33

During the past 13 years, SMS Electric Co Zhengzhou's highest Price to Tangible Book Ratio was 7.60. The lowest was 2.99. And the median was 3.92.

SZSE:002857's Price-to-Tangible-Book is ranked worse than
72.54% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs SZSE:002857: 3.33

A closely related ratio is called PB Ratio. As of today, SMS Electric Co Zhengzhou's share price is ¥12.72. SMS Electric Co Zhengzhou's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.94. Hence, SMS Electric Co Zhengzhou's P/B Ratio of today is 3.23.


SMS Electric Co Zhengzhou Price-to-Tangible-Book Historical Data

The historical data trend for SMS Electric Co Zhengzhou'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.

SMS Electric Co Zhengzhou Price-to-Tangible-Book Chart

SMS Electric Co Zhengzhou 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 3.34 3.10 4.39 3.57 4.11

SMS Electric Co Zhengzhou 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 4.06 5.00 4.77 4.11 3.29

Competitive Comparison of SMS Electric Co Zhengzhou's Price-to-Tangible-Book

For the Scientific & Technical Instruments subindustry, SMS Electric Co Zhengzhou'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.


SMS Electric Co Zhengzhou's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SMS Electric Co Zhengzhou's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where SMS Electric Co Zhengzhou's Price-to-Tangible-Book falls into.



SMS Electric Co Zhengzhou Price-to-Tangible-Book Calculation

SMS Electric Co Zhengzhou's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=12.72/3.822
=3.33

* 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.


SMS Electric Co Zhengzhou Price-to-Tangible-Book Related Terms

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


SMS Electric Co Zhengzhou (SZSE:002857) Business Description

Traded in Other Exchanges
N/A
Address
SMS Industrial Park at No. 85 Fifth Avenue, Economic and Technical Development Zone, Zhengzhou, CHN, 450016
SMS Electric Co Ltd Zhengzhou is engaged in the research, design, producing and sale of electricity metering instrument in China. It offers testing automation products, energy meter terminals, standard test devices, portable meter test systems, simulation equipment, and transformers.
Executives
Yu Yi Zhou Directors, executives
Wang Hong Directors, executives

SMS Electric Co Zhengzhou (SZSE:002857) Headlines

No Headlines