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Yiren Digital (Yiren Digital) Price-to-Tangible-Book : 0.45 (As of May. 05, 2024)


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What is Yiren Digital Price-to-Tangible-Book?

As of today (2024-05-05), Yiren Digital's share price is $5.21. Yiren Digital's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $11.57. Hence, Yiren Digital's Price to Tangible Book Ratio of today is 0.45.

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

YRD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.12   Med: 0.8   Max: 6.89
Current: 0.41

During the past 11 years, Yiren Digital's highest Price to Tangible Book Ratio was 6.89. The lowest was 0.12. And the median was 0.80.

YRD's Price-to-Tangible-Book is ranked better than
86.06% of 495 companies
in the Credit Services industry
Industry Median: 1.06 vs YRD: 0.41

A closely related ratio is called PB Ratio. As of today, Yiren Digital's share price is $5.21. Yiren Digital's Book Value per Sharefor the quarter that ended in Sep. 2023 was $11.57. Hence, Yiren Digital's P/B Ratio of today is 0.45.


Yiren Digital Price-to-Tangible-Book Historical Data

The historical data trend for Yiren Digital'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.

Yiren Digital Price-to-Tangible-Book Chart

Yiren Digital 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 0.80 0.49 0.32 0.14 0.25

Yiren Digital 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 0.14 0.20 0.21 0.21 0.24

Competitive Comparison of Yiren Digital's Price-to-Tangible-Book

For the Credit Services subindustry, Yiren Digital'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.


Yiren Digital's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yiren Digital's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Yiren Digital's Price-to-Tangible-Book falls into.



Yiren Digital Price-to-Tangible-Book Calculation

Yiren Digital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=5.21/11.568
=0.45

* 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.


Yiren Digital Price-to-Tangible-Book Related Terms

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


Yiren Digital (Yiren Digital) Business Description

Traded in Other Exchanges
Address
118 Jianguo Road, 28th Floor, China Merchants Bureau Building, Chaoyang District, Beijing, CHN, 100022
Yiren Digital Ltd is a fintech company in China connecting investors and individual borrowers. The Company provides an effective solution to address largely underserved investors and individual borrower demand in China through online and offline channels to efficiently match borrowers with investors and execute loan transactions. The company has three operating segments; the Yiren Wealth segment conducts holistic wealth business, the Yiren Credit segment focuses on consumer credit business, and the Other segment includes electronic commerce business. It derives a majority of its revenue from the Yiren Credit segment.