What is TCL Electronics Holdings Book Value per Share?
TCL Electronics Holdings's book value per share for the quarter that ended in Dec. 2023 was HK$6.66.
During the past 12 months, TCL Electronics Holdings's average Book Value Per Share Growth Rate was 1.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of TCL Electronics Holdings was 19.60% per year. The lowest was -35.60% per year. And the median was 0.80% per year.
During the past 13 years, the highest P/B Ratio of TCL Electronics Holdings was 2.15. The lowest was 0.34. And the median was 0.90.
TCL Electronics Holdings Book Value per Share Historical Data
The historical data trend for TCL Electronics Holdings's Book Value per Share 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.
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TCL Electronics Holdings Book Value per Share Chart
Competitive Comparison of TCL Electronics Holdings's Book Value per Share
For the Consumer Electronics subindustry, TCL Electronics Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.
TCL Electronics Holdings's PB Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, TCL Electronics Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where TCL Electronics Holdings's PB Ratio falls into.
TCL Electronics Holdings Book Value per Share Calculation
TCL Electronics Holdings's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
TCL Electronics Holdings (HKSE:01070) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
TCL Electronics Holdings Book Value per Share Related Terms
Thank you for viewing the detailed overview of TCL Electronics Holdings's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
TCL Electronics Holdings (HKSE:01070) Business Description
TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.
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