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Shijihengtong Technology Co (SZSE:301428) Price-to-Tangible-Book : 2.16 (As of May. 26, 2024)


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What is Shijihengtong Technology Co Price-to-Tangible-Book?

As of today (2024-05-26), Shijihengtong Technology Co's share price is ¥27.05. Shijihengtong Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥12.54. Hence, Shijihengtong Technology Co's Price to Tangible Book Ratio of today is 2.16.

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

SZSE:301428' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.16   Med: 3.05   Max: 3.28
Current: 2.16

During the past 11 years, Shijihengtong Technology Co's highest Price to Tangible Book Ratio was 3.28. The lowest was 2.16. And the median was 3.05.

SZSE:301428's Price-to-Tangible-Book is ranked better than
69.02% of 2085 companies
in the Software industry
Industry Median: 3.55 vs SZSE:301428: 2.16

A closely related ratio is called PB Ratio. As of today, Shijihengtong Technology Co's share price is ¥27.05. Shijihengtong Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.75. Hence, Shijihengtong Technology Co's P/B Ratio of today is 2.12.


Shijihengtong Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Shijihengtong Technology 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.

Shijihengtong Technology Co Price-to-Tangible-Book Chart

Shijihengtong Technology 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 - - - - 3.13

Shijihengtong Technology Co Quarterly Data
Dec15 Dec16 Jun17 Dec17 Dec18 Dec19 Mar20 Dec20 Mar21 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 - 2.97 3.28 3.13 2.38

Competitive Comparison of Shijihengtong Technology Co's Price-to-Tangible-Book

For the Information Technology Services subindustry, Shijihengtong Technology 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.


Shijihengtong Technology Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Shijihengtong Technology Co's Price-to-Tangible-Book distribution charts can be found below:

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



Shijihengtong Technology Co Price-to-Tangible-Book Calculation

Shijihengtong Technology 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 )
=27.05/12.536
=2.16

* 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.


Shijihengtong Technology Co Price-to-Tangible-Book Related Terms

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


Shijihengtong Technology Co (SZSE:301428) Business Description

Traded in Other Exchanges
N/A
Address
No. 188, Nanyuan Science and Education Street, Guiyang National High-tech Industrial Development Zone, Core Area, Guiyang Science and Technology Park, Zhongguancun, Guizhou Province, Guiyang, CHN, 550014
Shijihengtong Technology Co Ltd is a professional information technology service provider. The company is engaged in the Independent development of technology platform and the construction of service network.

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