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USpace Technology Group (USpace Technology Group) Price-to-Tangible-Book : 3.86 (As of May. 27, 2024)


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What is USpace Technology Group Price-to-Tangible-Book?

As of today (2024-05-27), USpace Technology Group's share price is $2.90. USpace Technology Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.75. Hence, USpace Technology Group's Price to Tangible Book Ratio of today is 3.86.

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

USPCY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.37   Med: 4.05   Max: 17.67
Current: 3.12

During the past 9 years, USpace Technology Group's highest Price to Tangible Book Ratio was 17.67. The lowest was 1.37. And the median was 4.05.

USPCY's Price-to-Tangible-Book is ranked better than
50.39% of 258 companies
in the Aerospace & Defense industry
Industry Median: 3.035 vs USPCY: 3.12

A closely related ratio is called PB Ratio. As of today, USpace Technology Group's share price is $2.90. USpace Technology Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.77. Hence, USpace Technology Group's P/B Ratio of today is 3.75.

USpace Technology Group Price-to-Tangible-Book Historical Data

The historical data trend for USpace Technology 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.

USpace Technology Group Price-to-Tangible-Book Chart

USpace Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - - - 16.13 23.94

USpace Technology Group Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - 16.13 25.86 23.94

Competitive Comparison of USpace Technology Group's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, USpace Technology 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.

USpace Technology Group's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, USpace Technology Group's Price-to-Tangible-Book distribution charts can be found below:

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


USpace Technology Group Price-to-Tangible-Book Calculation

USpace Technology 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 )
=2.90/0.752
=3.86

* 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:

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.

USpace Technology Group Price-to-Tangible-Book Related Terms

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

USpace Technology Group (USpace Technology Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » USpace Technology Group Ltd (OTCPK:USPCY) » Definitions » Price-to-Tangible-Book
Comparable Companies
HKSE:00439 HKSE:00232 RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760 SHSE:600150 XPAR:AM AXON
Traded in Other Exchanges
01725:Hong Kong
Address
No. 5 Chun Cheong Street, 15th Floor, Data Technology Center, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Website
https://www.hkatg.com
USpace Technology Group Ltd formerly Hong Kong Aerospace Technology Group Ltd is a commercial aerospace company. Its core business is satellite precision manufacturing, control, and aerospace data services to support regional aerospace commercialization needs. The Group has three reportable operating segments they are EMS business - Smart home devices EMS business-Banking and finance and other devices along with Aerospace business.