A8 New Media Group (HKSE:00800) Price-to-Tangible-Book : 0.23 (As of May. 24, 2024)

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What is A8 New Media Group Price-to-Tangible-Book?

As of today (2024-05-24), A8 New Media Group's share price is HK$0.144. A8 New Media Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.62. Hence, A8 New Media Group's Price to Tangible Book Ratio of today is 0.23.

The historical rank and industry rank for A8 New Media Group's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00800' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.21 Med: 0.51 Max: 0.93
Current: 0.23

During the past 13 years, A8 New Media Group's highest Price to Tangible Book Ratio was 0.93. The lowest was 0.21. And the median was 0.51.

HKSE:00800's Price-to-Tangible-Book is ranked better than
95.01% of 481 companies
in the Conglomerates industry
Industry Median: 1.16 vs HKSE:00800: 0.23

A closely related ratio is called PB Ratio. As of today, A8 New Media Group's share price is HK$0.144. A8 New Media Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.62. Hence, A8 New Media Group's P/B Ratio of today is 0.23.

A8 New Media Group Price-to-Tangible-Book Historical Data

The historical data trend for A8 New Media 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.

A8 New Media Group Price-to-Tangible-Book Chart

A8 New Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.29

0.23

0.53

0.49

0.25

A8 New Media Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.53	0.50	0.49	0.31	0.25

Competitive Comparison of A8 New Media Group's Price-to-Tangible-Book

For the Conglomerates subindustry, A8 New Media 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.

A8 New Media Group's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, A8 New Media Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where A8 New Media Group's Price-to-Tangible-Book falls into.

A8 New Media Group Price-to-Tangible-Book Calculation

A8 New Media Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.144	/	0.616
	=	0.23

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.

A8 New Media Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of A8 New Media Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

A8 New Media Group (HKSE:00800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » A8 New Media Group Ltd (HKSE:00800) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

No. 1002 Keyuan Road, 25th Floor, A8 Music Building, Hi-tech Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518054

Website

https://www.a8nmg.com

A8 New Media Group Ltd is an investment holding company. It is organized into business units based on their services and has two reportable operating segments as follows: the cultural business segment engages in the provision of music-based entertainment, film and television production and game-related services in the People's Republic of China, and the Property Investment segment invests in properties for rental and management fee income in the People's Republic of China. Majority of the revenue derives from Property Investment segment.

A8 New Media Group (HKSE:00800) Headlines

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