Lygend Resources & Technology Co (HKSE:02245) Price-to-Tangible-Book : 1.20 (As of May. 21, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Lygend Resources & Technology Co Price-to-Tangible-Book?

As of today (2024-05-21), Lygend Resources & Technology Co's share price is HK$7.20. Lygend Resources & Technology Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$5.99. Hence, Lygend Resources & Technology Co's Price to Tangible Book Ratio of today is 1.20.

The historical rank and industry rank for Lygend Resources & Technology Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:02245' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.02 Med: 1.99 Max: 2.95
Current: 1.2

During the past 5 years, Lygend Resources & Technology Co's highest Price to Tangible Book Ratio was 2.95. The lowest was 1.02. And the median was 1.99.

HKSE:02245's Price-to-Tangible-Book is ranked better than
55.95% of 2220 companies
in the Metals & Mining industry
Industry Median: 1.38 vs HKSE:02245: 1.20

A closely related ratio is called PB Ratio. As of today, Lygend Resources & Technology Co's share price is HK$7.20. Lygend Resources & Technology Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$6.46. Hence, Lygend Resources & Technology Co's P/B Ratio of today is 1.12.

Lygend Resources & Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Lygend Resources & Technology 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.

Lygend Resources & Technology Co Price-to-Tangible-Book Chart

Lygend Resources & Technology Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.95

1.02

Lygend Resources & Technology Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	2.95	1.98	1.02

Competitive Comparison of Lygend Resources & Technology Co's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, Lygend Resources & Technology 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.

Lygend Resources & Technology Co's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lygend Resources & Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lygend Resources & Technology Co's Price-to-Tangible-Book falls into.

Lygend Resources & Technology Co Price-to-Tangible-Book Calculation

Lygend Resources & Technology 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 )
	=	7.20	/	5.99
	=	1.20

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.

Lygend Resources & Technology Co Price-to-Tangible-Book Related Terms

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

Lygend Resources & Technology Co (HKSE:02245) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lygend Resources & Technology Co Ltd (HKSE:02245) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 299 Guanghua Road, 10th-11th Floor, Building C10, R&D Park, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315000

Website

https://www.lygend.com

Lygend Resources & Technology Co Ltd is engaged in both the trading and the production of nickel products. The company has a comprehensive product and service portfolio covering multiple areas across the nickel industry value chain, from upstream sourcing of nickel resources, trading and production of nickel products, to equipment manufacturing and sale. Its products are widely used in various downstream sectors including the NEV and stainless steel industries. It derives a majority of its revenue from Mainland China.

Lygend Resources & Technology Co (HKSE:02245) Headlines

No Headlines