Wealth Glory Holdings (HKSE:08269) Price-to-Tangible-Book : 0.93 (As of May. 20, 2024)

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What is Wealth Glory Holdings Price-to-Tangible-Book?

As of today (2024-05-20), Wealth Glory Holdings's share price is HK$0.039. Wealth Glory Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.04. Hence, Wealth Glory Holdings's Price to Tangible Book Ratio of today is 0.93.

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

HKSE:08269' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.28 Med: 1.56 Max: 25.49
Current: 0.98

During the past 13 years, Wealth Glory Holdings's highest Price to Tangible Book Ratio was 25.49. The lowest was 0.28. And the median was 1.56.

HKSE:08269's Price-to-Tangible-Book is ranked better than
58.37% of 478 companies
in the Conglomerates industry
Industry Median: 1.17 vs HKSE:08269: 0.98

A closely related ratio is called PB Ratio. As of today, Wealth Glory Holdings's share price is HK$0.039. Wealth Glory Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.04. Hence, Wealth Glory Holdings's P/B Ratio of today is 0.91.

Wealth Glory Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Wealth Glory 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.

Wealth Glory Holdings Price-to-Tangible-Book Chart

Wealth Glory Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.99

0.60

1.65

3.17

2.39

Wealth Glory Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.56	-	2.39	-	3.10

Competitive Comparison of Wealth Glory Holdings's Price-to-Tangible-Book

For the Conglomerates subindustry, Wealth Glory 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.

Wealth Glory Holdings's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wealth Glory Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Wealth Glory Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.039	/	0.042
	=	0.93

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.

Wealth Glory Holdings Price-to-Tangible-Book Related Terms

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

Wealth Glory Holdings (HKSE:08269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Wealth Glory Holdings Ltd (HKSE:08269) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Queen’s Road Central, Room 1104, Crawford House, Central, Hong Kong, HKG, +852 2548-1838

Website

http://www.wealthglory.com

Wealth Glory Holdings Ltd is engaged in the trading of natural resources and commodities. The company operates through four segments. The Natural resources and commodities segment is involved in the trading of natural resources and commodities, including iron ore concentrates, coal, and crude palm oil. The Money lending segment includes interest income from the money lending business. The Securities investment segment is involved in the investment in securities in Hong Kong. The Trading of Consumer Products segment is involved in the trading of trendy fashion merchandise and other consumer products. Its geographical segments are Hong Kong and China, of which the majority of its revenue comes from China. In the company's Securities Investment segment company is focuses on listed securities.

Wealth Glory Holdings (HKSE:08269) Headlines

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