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Sichuan Anning Iron and Titanium Co (SZSE:002978) Price-to-Tangible-Book : 2.31 (As of May. 26, 2024)


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What is Sichuan Anning Iron and Titanium Co Price-to-Tangible-Book?

As of today (2024-05-26), Sichuan Anning Iron and Titanium Co's share price is ¥31.90. Sichuan Anning Iron and Titanium Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥13.78. Hence, Sichuan Anning Iron and Titanium Co's Price to Tangible Book Ratio of today is 2.31.

The historical rank and industry rank for Sichuan Anning Iron and Titanium Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002978' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.31   Med: 3.11   Max: 5.61
Current: 2.31

During the past 10 years, Sichuan Anning Iron and Titanium Co's highest Price to Tangible Book Ratio was 5.61. The lowest was 2.31. And the median was 3.11.

SZSE:002978's Price-to-Tangible-Book is ranked worse than
69.11% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs SZSE:002978: 2.31

A closely related ratio is called PB Ratio. As of today, Sichuan Anning Iron and Titanium Co's share price is ¥31.90. Sichuan Anning Iron and Titanium Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥15.52. Hence, Sichuan Anning Iron and Titanium Co's P/B Ratio of today is 2.06.


Sichuan Anning Iron and Titanium Co Price-to-Tangible-Book Historical Data

The historical data trend for Sichuan Anning Iron and Titanium 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.

Sichuan Anning Iron and Titanium Co Price-to-Tangible-Book Chart

Sichuan Anning Iron and Titanium 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 - 4.93 3.76 2.68 2.39

Sichuan Anning Iron and Titanium 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 2.87 2.46 2.68 2.39 2.35

Competitive Comparison of Sichuan Anning Iron and Titanium Co's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Sichuan Anning Iron and Titanium 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.


Sichuan Anning Iron and Titanium Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sichuan Anning Iron and Titanium Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sichuan Anning Iron and Titanium Co's Price-to-Tangible-Book falls into.



Sichuan Anning Iron and Titanium Co Price-to-Tangible-Book Calculation

Sichuan Anning Iron and Titanium 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 )
=31.90/13.782
=2.31

* 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.


Sichuan Anning Iron and Titanium Co Price-to-Tangible-Book Related Terms

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Sichuan Anning Iron and Titanium Co (SZSE:002978) Business Description

Traded in Other Exchanges
N/A
Address
Mikou Town, Miyi County, Panzhihua, CHN, 617200
Sichuan Anning Iron and Titanium Co Ltd is engaged in iron ore mining, washing, vanadium ilmenite concentrate, titanium concentrate, titanium middle ore and other mineral products.

Sichuan Anning Iron and Titanium Co (SZSE:002978) Headlines

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