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Grand Ocean Retail Group (TPE:5907) Price-to-Tangible-Book : 0.51 (As of May. 06, 2024)


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What is Grand Ocean Retail Group Price-to-Tangible-Book?

As of today (2024-05-06), Grand Ocean Retail Group's share price is NT$9.43. Grand Ocean Retail Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$18.54. Hence, Grand Ocean Retail Group's Price to Tangible Book Ratio of today is 0.51.

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

TPE:5907' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51   Med: 0.63   Max: 1.23
Current: 0.51

During the past 13 years, Grand Ocean Retail Group's highest Price to Tangible Book Ratio was 1.23. The lowest was 0.51. And the median was 0.63.

TPE:5907's Price-to-Tangible-Book is ranked better than
88.48% of 972 companies
in the Retail - Cyclical industry
Industry Median: 1.84 vs TPE:5907: 0.51

A closely related ratio is called PB Ratio. As of today, Grand Ocean Retail Group's share price is NT$9.43. Grand Ocean Retail Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$27.01. Hence, Grand Ocean Retail Group's P/B Ratio of today is 0.35.


Grand Ocean Retail Group Price-to-Tangible-Book Historical Data

The historical data trend for Grand Ocean Retail Group'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.

Grand Ocean Retail Group Price-to-Tangible-Book Chart

Grand Ocean Retail Group 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 0.77 0.62 0.56 0.61 0.66

Grand Ocean Retail Group 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 0.61 0.52 0.61 0.50 0.66

Competitive Comparison of Grand Ocean Retail Group's Price-to-Tangible-Book

For the Department Stores subindustry, Grand Ocean Retail Group'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.


Grand Ocean Retail Group's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grand Ocean Retail Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Grand Ocean Retail Group's Price-to-Tangible-Book falls into.



Grand Ocean Retail Group Price-to-Tangible-Book Calculation

Grand Ocean Retail Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=9.43/18.539
=0.51

* 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.


Grand Ocean Retail Group Price-to-Tangible-Book Related Terms

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


Grand Ocean Retail Group (TPE:5907) Business Description

Traded in Other Exchanges
N/A
Address
No. 237, Fuxing South Road, 14th Floor, Section 2, Da'an District, Taipei, TWN, 106
Grand Ocean Retail Group Ltd operates department stores in China. The company is engaged in the operation and management of department stores in Nanjing, Wuhan, Chongqing, Fuzhou, Suzhou, Quanzhou, Xiangtan, Hengyang, Yichang, and Hefei cities. It generates revenue from Commission and Commodity Sales. The main revenues of the group come from the department store retail business.

Grand Ocean Retail Group (TPE:5907) Headlines

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