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Truking Technology (SZSE:300358) Price-to-Tangible-Book : 1.66 (As of May. 24, 2024)


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What is Truking Technology Price-to-Tangible-Book?

As of today (2024-05-24), Truking Technology's share price is ¥7.93. Truking Technology's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.79. Hence, Truking Technology's Price to Tangible Book Ratio of today is 1.66.

The historical rank and industry rank for Truking Technology's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300358' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.66   Med: 4.5   Max: 27.56
Current: 1.66

During the past 13 years, Truking Technology's highest Price to Tangible Book Ratio was 27.56. The lowest was 1.66. And the median was 4.50.

SZSE:300358's Price-to-Tangible-Book is ranked better than
68.95% of 702 companies
in the Medical Devices & Instruments industry
Industry Median: 2.7 vs SZSE:300358: 1.66

A closely related ratio is called PB Ratio. As of today, Truking Technology's share price is ¥7.93. Truking Technology's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥8.15. Hence, Truking Technology's P/B Ratio of today is 0.97.


Truking Technology Price-to-Tangible-Book Historical Data

The historical data trend for Truking Technology'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.

Truking Technology Price-to-Tangible-Book Chart

Truking Technology 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 2.51 4.85 8.01 3.80 2.37

Truking Technology 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 4.27 3.45 2.81 2.37 1.96

Competitive Comparison of Truking Technology's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Truking Technology'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.


Truking Technology's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Truking Technology's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Truking Technology's Price-to-Tangible-Book falls into.



Truking Technology Price-to-Tangible-Book Calculation

Truking Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=7.93/4.787
=1.66

* 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.


Truking Technology Price-to-Tangible-Book Related Terms

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


Truking Technology (SZSE:300358) Business Description

Traded in Other Exchanges
N/A
Address
No 1 Xinkang Road, Ningxiang, Yutan Town, Hunan Province, Changsha, CHN, 410600
Truking Technology Ltd operates in the pharmaceutical and medical equipment industry. It develops, designs, manufactures, sells and provides services for aqueous pharmaceutical equipment. The company offers solutions for Fluid Processing System, Ampoule Injectable Products Production, Vial Injectable Products Production, Plastic Bottle Blow-Fill-Seal Production, Cartridge Production, and others. It sells its products in China, and also exports it to the other countries.
Executives
Ceng Fan Yun Directors, executives
Yang Wen Lu Director
Tang Yue Director
Zhou Fei Yue Directors, Directors, and Executives
Zheng Qi Ping Executives
Ceng He Qing Executives
Qiu Yong Mou Supervisors
Li Gang Executives
Zhou Jing Ying Executives
Liu Gui Lin Supervisors

Truking Technology (SZSE:300358) Headlines

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