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Cheche Group (Cheche Group) Price-to-Tangible-Book : (As of Apr. 25, 2024)


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What is Cheche Group Price-to-Tangible-Book?

As of today (2024-04-25), Cheche Group's share price is $1.97. Cheche Group's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was $-2.45. Hence, Cheche Group's Price to Tangible Book Ratio of today is .

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

CCG's Price-to-Tangible-Book is not ranked *
in the Interactive Media industry.
Industry Median: 2.76
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Cheche Group's share price is $1.97. Cheche Group's Book Value per Sharefor the quarter that ended in Dec. 2022 was $-2.28. Hence, Cheche Group's P/B Ratio of today is .

Cheche Group Price-to-Tangible-Book Historical Data

The historical data trend for Cheche Group'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.

Cheche Group Price-to-Tangible-Book Chart

Cheche Group Annual Data
Trend Dec21 Dec22
Price-to-Tangible-Book
- -

Cheche Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22
Price-to-Tangible-Book - - - -

Competitive Comparison of Cheche Group's Price-to-Tangible-Book

For the Internet Content & Information subindustry, Cheche Group'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.

Cheche Group's Price-to-Tangible-Book Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cheche Group's Price-to-Tangible-Book distribution charts can be found below:

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


Cheche Group Price-to-Tangible-Book Calculation

Cheche Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2022 )
=1.97/-2.446
=

* 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:

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.

Cheche Group Price-to-Tangible-Book Related Terms

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

Cheche Group (Cheche Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cheche Group Inc (NAS:CCG) » Definitions » Price-to-Tangible-Book
Comparable Companies
MAX GRPN TRVG SEAT THRY PGRU DOYU ZH JFIN EVER GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420
Traded in Other Exchanges
N/A
Address
13-1 Deshengmenwai Avenue, 8th Floor, Desheng Hopson Fortune Plaza, Xicheng, Beijing, CHN, 100088
Website
https://www.chechegroup.com
Cheche Group Inc is an insurtech company. It is China's independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, green auto insurance innovations, etc.

Cheche Group (Cheche Group) Headlines

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