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Asiabest Group International (PHS:ABG) Price-to-Tangible-Book : 5.90 (As of May. 15, 2024)


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What is Asiabest Group International Price-to-Tangible-Book?

As of today (2024-05-15), Asiabest Group International's share price is ₱4.95. Asiabest Group International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₱0.84. Hence, Asiabest Group International's Price to Tangible Book Ratio of today is 5.90.

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

PHS:ABG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.59   Med: 15.6   Max: 29.8
Current: 5.89

During the past 13 years, Asiabest Group International's highest Price to Tangible Book Ratio was 29.80. The lowest was 3.59. And the median was 15.60.

PHS:ABG's Price-to-Tangible-Book is ranked worse than
86.17% of 499 companies
in the Diversified Financial Services industry
Industry Median: 1.8 vs PHS:ABG: 5.89

A closely related ratio is called PB Ratio. As of today, Asiabest Group International's share price is ₱4.95. Asiabest Group International's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₱0.84. Hence, Asiabest Group International's P/B Ratio of today is 5.90.


Asiabest Group International Price-to-Tangible-Book Historical Data

The historical data trend for Asiabest Group International'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.

Asiabest Group International Price-to-Tangible-Book Chart

Asiabest Group International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.83 11.86 6.86 4.17 3.59

Asiabest Group International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.17 4.02 3.84 4.64 3.59

Competitive Comparison of Asiabest Group International's Price-to-Tangible-Book

For the Shell Companies subindustry, Asiabest Group International'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.


Asiabest Group International's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Asiabest Group International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Asiabest Group International's Price-to-Tangible-Book falls into.



Asiabest Group International Price-to-Tangible-Book Calculation

Asiabest Group International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.95/0.839
=5.90

* 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.

It can also be calculated from the numbers for the whole company:

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.


Asiabest Group International Price-to-Tangible-Book Related Terms

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


Asiabest Group International (PHS:ABG) Business Description

Traded in Other Exchanges
N/A
Address
8th Floor, Chatham House Building, Valero Corner Rufino Street, Salcedo Village, Makati, PHL, 1227
Asiabest Group International Inc is exploring new opportunities. The Company's business plans and strategies includes, but not limited to entertainment and gaming.