Haier Electronics Group Co (Haier Electronics Group Co) Price-to-Tangible-Book : 3.65 (As of May. 12, 2024)

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What is Haier Electronics Group Co Price-to-Tangible-Book?

As of today (2024-05-12), Haier Electronics Group Co's share price is $4.99. Haier Electronics Group Co's Tangible Book per Share of Jun. 2020 for the quarter that ended in Jun. 2020 was $1.37. Hence, Haier Electronics Group Co's Price to Tangible Book Ratio of today is 3.65.

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

HRELF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.57 Med: 3.54 Max: 7.45
Current: 3.47

During the past 13 years, Haier Electronics Group Co's highest Price to Tangible Book Ratio was 7.45. The lowest was 1.57. And the median was 3.54.

HRELF's Price-to-Tangible-Book is not ranked
in the Hardware industry.
Industry Median: 2.07 vs HRELF: 3.47

A closely related ratio is called PB Ratio. As of today, Haier Electronics Group Co's share price is $4.99. Haier Electronics Group Co's Book Value per Sharefor the quarter that ended in Jun. 2020 was $1.40. Hence, Haier Electronics Group Co's P/B Ratio of today is 3.56.

Haier Electronics Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Haier Electronics Group 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.

Haier Electronics Group Co Price-to-Tangible-Book Chart

Haier Electronics Group Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Price-to-Tangible-Book

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2.50

1.75

2.47

1.97

2.16

Haier Electronics Group Co Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.84	1.97	2.21	2.16	2.19

Competitive Comparison of Haier Electronics Group Co's Price-to-Tangible-Book

For the Consumer Electronics subindustry, Haier Electronics Group 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.

Haier Electronics Group Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Haier Electronics Group Co's Price-to-Tangible-Book distribution charts can be found below:

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

Haier Electronics Group Co Price-to-Tangible-Book Calculation

Haier Electronics Group Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2020 )
	=	4.99	/	1.368
	=	3.65

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.

Haier Electronics Group Co Price-to-Tangible-Book Related Terms

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

Haier Electronics Group Co (Haier Electronics Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Haier Electronics Group Co Ltd (OTCPK:HRELF) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 1, Haier Road, Haier Industrial Park, Qingdao, CHN

Website

http://www.haier.hk

Haier Electronics Group is a China-based company that makes washing machines and water heaters under the Haier brand. The company's core segments include the washing machine segment, which produces and sells washing machines; the water heater and water purifier business, which produces and sells water heaters and water purifiers; and the channel services segment, which sells and distributes home appliances and other value-added consumer services. The channel services segment contributes the majority of total revenue. The company generates most of its revenue in mainland China.

Haier Electronics Group Co (Haier Electronics Group Co) Headlines

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