GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Prulde Electric Appliance Co Ltd (SZSE:301353) » Definitions » Price-to-Tangible-Book

Zhejiang Prulde Electric Appliance Co (SZSE:301353) Price-to-Tangible-Book : 1.60 (As of May. 21, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zhejiang Prulde Electric Appliance Co Price-to-Tangible-Book?

As of today (2024-05-21), Zhejiang Prulde Electric Appliance Co's share price is ¥25.33. Zhejiang Prulde Electric Appliance Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥15.87. Hence, Zhejiang Prulde Electric Appliance Co's Price to Tangible Book Ratio of today is 1.60.

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

SZSE:301353' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.59   Med: 2.18   Max: 2.56
Current: 1.6

During the past 6 years, Zhejiang Prulde Electric Appliance Co's highest Price to Tangible Book Ratio was 2.56. The lowest was 1.59. And the median was 2.18.

SZSE:301353's Price-to-Tangible-Book is ranked better than
65.09% of 2833 companies
in the Industrial Products industry
Industry Median: 2.11 vs SZSE:301353: 1.60

A closely related ratio is called PB Ratio. As of today, Zhejiang Prulde Electric Appliance Co's share price is ¥25.33. Zhejiang Prulde Electric Appliance Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥16.72. Hence, Zhejiang Prulde Electric Appliance Co's P/B Ratio of today is 1.51.


Zhejiang Prulde Electric Appliance Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang Prulde Electric Appliance 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.

Zhejiang Prulde Electric Appliance Co Price-to-Tangible-Book Chart

Zhejiang Prulde Electric Appliance Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - - 2.02

Zhejiang Prulde Electric Appliance Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 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 - 2.56 2.33 2.02 1.60

Competitive Comparison of Zhejiang Prulde Electric Appliance Co's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Zhejiang Prulde Electric Appliance 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.


Zhejiang Prulde Electric Appliance Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Prulde Electric Appliance Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang Prulde Electric Appliance Co's Price-to-Tangible-Book falls into.



Zhejiang Prulde Electric Appliance Co Price-to-Tangible-Book Calculation

Zhejiang Prulde Electric Appliance 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 )
=25.33/15.871
=1.60

* 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.


Zhejiang Prulde Electric Appliance Co Price-to-Tangible-Book Related Terms

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


Zhejiang Prulde Electric Appliance Co (SZSE:301353) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Development Zone, Xiaoshun Town, Jindong District, Zhejiang Province, Jinhua, CHN, 321035
Zhejiang Prulde Electric Appliance Co Ltd is engaged in the Research and development, design, production and sales of electric tools. Its products include a Heat gun, Electric spray gun, Electric tacker, handy paint roller, Power drilling, and cordless tools.

Zhejiang Prulde Electric Appliance Co (SZSE:301353) Headlines

No Headlines