Hang Tai Yue Group Holdings (HKSE:08081) Price-to-Tangible-Book : 0.97 (As of May. 12, 2024)

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What is Hang Tai Yue Group Holdings Price-to-Tangible-Book?

As of today (2024-05-12), Hang Tai Yue Group Holdings's share price is HK$0.06. Hang Tai Yue Group Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.06. Hence, Hang Tai Yue Group Holdings's Price to Tangible Book Ratio of today is 0.97.

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

HKSE:08081' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 0.91 Max: 1.9
Current: 0.97

During the past 13 years, Hang Tai Yue Group Holdings's highest Price to Tangible Book Ratio was 1.90. The lowest was 0.27. And the median was 0.91.

HKSE:08081's Price-to-Tangible-Book is ranked better than
91.71% of 2088 companies
in the Software industry
Industry Median: 3.61 vs HKSE:08081: 0.97

A closely related ratio is called PB Ratio. As of today, Hang Tai Yue Group Holdings's share price is HK$0.06. Hang Tai Yue Group Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.06. Hence, Hang Tai Yue Group Holdings's P/B Ratio of today is 0.97.

Hang Tai Yue Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Hang Tai Yue Group 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.

Hang Tai Yue Group Holdings Price-to-Tangible-Book Chart

Hang Tai Yue Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.29

1.20

1.90

1.77

1.45

Hang Tai Yue Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.77	-	1.54	-	1.45

Competitive Comparison of Hang Tai Yue Group Holdings's Price-to-Tangible-Book

For the Information Technology Services subindustry, Hang Tai Yue Group 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.

Hang Tai Yue Group Holdings's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Hang Tai Yue Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hang Tai Yue Group Holdings's Price-to-Tangible-Book falls into.

Hang Tai Yue Group Holdings Price-to-Tangible-Book Calculation

Hang Tai Yue Group 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 )
	=	0.06	/	0.062
	=	0.97

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.

Hang Tai Yue Group Holdings Price-to-Tangible-Book Related Terms

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

Hang Tai Yue Group Holdings (HKSE:08081) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hang Tai Yue Group Holdings Ltd (HKSE:08081) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 241-243 Nathan Road, 9th Floor, HKHC Tower, Kowloon, Hong Kong, HKG

Website

https://www.hangtaiyue.com

Hang Tai Yue Group Holdings Ltd is an investment holding company mainly engaged in the mobile internet cultural business and provision of information technology (IT) services. The Company operates its business through four segments. The Mobile Internet Cultural Business and Provision of IT Services segment is engaged in the provision of enterprise software applications and platform, as well as mobile internet applications and platform development outsourcing services, mainframe downsizing, application localization and systems integration. The Provision of Hospitality and Related Services in Australia segment is engaged in the hospitality business through its granges and resorts in Australia. The Money lending Business segment is engaged in the money lending business in Hong Kong.

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