Sunrise New Energy Co (Sunrise New Energy Co) Price-to-Tangible-Book : (As of May. 27, 2024)

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What is Sunrise New Energy Co Price-to-Tangible-Book?

As of today (2024-05-27), Sunrise New Energy Co's share price is $0.77. Sunrise New Energy Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-0.27. Hence, Sunrise New Energy Co's Price to Tangible Book Ratio of today is .

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

During the past 7 years, Sunrise New Energy Co's highest Price to Tangible Book Ratio was 4.73. The lowest was 0.57. And the median was 2.65.

EPOW's Price-to-Tangible-Book is not ranked ^*
in the Industrial Products industry.
Industry Median: 2.11
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Sunrise New Energy Co's share price is $0.77. Sunrise New Energy Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.10. Hence, Sunrise New Energy Co's P/B Ratio of today is 7.62.

Sunrise New Energy Co Price-to-Tangible-Book Historical Data

The historical data trend for Sunrise New Energy 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.

Sunrise New Energy Co Price-to-Tangible-Book Chart

Sunrise New Energy Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.57

4.73

Sunrise New Energy Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.57	1.61	4.73	6.63	-

Competitive Comparison of Sunrise New Energy Co's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Sunrise New Energy 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.

Sunrise New Energy Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunrise New Energy Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sunrise New Energy Co's Price-to-Tangible-Book falls into.

Sunrise New Energy Co Price-to-Tangible-Book Calculation

Sunrise New Energy Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.77	/	-0.272
	=

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Sunrise New Energy Co Price-to-Tangible-Book Related Terms

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Sunrise New Energy Co (Sunrise New Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sunrise New Energy Co Ltd (NAS:EPOW) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

No. 69 Sanying Road, Zibo Science and Technology Industrial Entrepreneurship Park, Room 703, West Zone, R&D Building, Zhangdian District, Shandong Province, Zibo City, CHN

Website

https://www.sunrisenewenergy.com

Sunrise New Energy Co Ltd is engaged in the manufacturing and sale of graphite anode material for EVs and other lithium-ion batteries. The Company's joint venture is into the construction of a manufacturing plant in Guizhou Province. The plant runs on inexpensive electricity from renewable sources that enables the group to be a low-cost and low environmental impact producer of graphite anode material, Its products include GS-1, GS-2, GS-3, GZD-1, GLD-1, and GZ-1.