Veson Holdings (HKSE:01399) Price-to-Tangible-Book : 0.23 (As of May. 24, 2024)

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What is Veson Holdings Price-to-Tangible-Book?

As of today (2024-05-24), Veson Holdings's share price is HK$0.246. Veson Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.09. Hence, Veson Holdings's Price to Tangible Book Ratio of today is 0.23.

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

HKSE:01399' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.2 Med: 0.29 Max: 1.13
Current: 0.23

During the past 13 years, Veson Holdings's highest Price to Tangible Book Ratio was 1.13. The lowest was 0.20. And the median was 0.29.

HKSE:01399's Price-to-Tangible-Book is ranked better than
99.05% of 2833 companies
in the Industrial Products industry
Industry Median: 2.12 vs HKSE:01399: 0.23

A closely related ratio is called PB Ratio. As of today, Veson Holdings's share price is HK$0.246. Veson Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.10. Hence, Veson Holdings's P/B Ratio of today is 0.22.

Veson Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Veson Holdings'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.

Veson Holdings Price-to-Tangible-Book Chart

Veson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.30

0.23

0.26

0.23

0.22

Veson Holdings 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															0.26	0.23	0.23	0.23	0.22

Competitive Comparison of Veson Holdings's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Veson Holdings'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.

Veson Holdings's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veson Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Veson Holdings Price-to-Tangible-Book Calculation

Veson Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.246	/	1.092
	=	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.

Veson Holdings Price-to-Tangible-Book Related Terms

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

Veson Holdings (HKSE:01399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veson Holdings Ltd (HKSE:01399) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN

Website

http://www.vesonhldg.com

Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. It generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, it operates in the PRC. The company's products are used for mobile phones, tablets and digital products battery and related accessories.

Executives

Fang Jin	2201 Interest of corporation controlled by you
Right Grand Holdings Limited	2101 Beneficial owner
Swift Joy Holdings Limited	2101 Beneficial owner

Veson Holdings (HKSE:01399) Headlines

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