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AAC Technologies Holdings (AAC Technologies Holdings) Price-to-Tangible-Book : 1.23 (As of Apr. 29, 2024)


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What is AAC Technologies Holdings Price-to-Tangible-Book?

As of today (2024-04-29), AAC Technologies Holdings's share price is $3.03. AAC Technologies Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.46. Hence, AAC Technologies Holdings's Price to Tangible Book Ratio of today is 1.23.

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

AACAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92   Med: 3.3   Max: 8.35
Current: 1.29

During the past 13 years, AAC Technologies Holdings's highest Price to Tangible Book Ratio was 8.35. The lowest was 0.92. And the median was 3.30.

AACAF's Price-to-Tangible-Book is ranked better than
69.02% of 2305 companies
in the Hardware industry
Industry Median: 2.03 vs AACAF: 1.29

A closely related ratio is called PB Ratio. As of today, AAC Technologies Holdings's share price is $3.03. AAC Technologies Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.56. Hence, AAC Technologies Holdings's P/B Ratio of today is 1.18.


AAC Technologies Holdings Price-to-Tangible-Book Historical Data

The historical data trend for AAC Technologies Holdings'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.

AAC Technologies Holdings Price-to-Tangible-Book Chart

AAC Technologies Holdings 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 3.85 2.06 1.44 0.89 1.15

AAC Technologies Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.44 0.90 0.89 0.99 1.15

Competitive Comparison of AAC Technologies Holdings's Price-to-Tangible-Book

For the Communication Equipment subindustry, AAC Technologies Holdings'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.


AAC Technologies Holdings's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AAC Technologies Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where AAC Technologies Holdings's Price-to-Tangible-Book falls into.



AAC Technologies Holdings Price-to-Tangible-Book Calculation

AAC Technologies Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=3.03/2.456
=1.23

* 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.


AAC Technologies Holdings Price-to-Tangible-Book Related Terms

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


AAC Technologies Holdings (AAC Technologies Holdings) Business Description

Address
38 Gloucester Road, Unit 1605-7, China Evergrande Centre, Wanchai, Hong Kong, HKG
AAC Technologies is one of the world's largest manufacturers of miniature acoustic components, such as speakers and receivers, primarily for smartphones, which account for under half of its revenue. Founded in 1993, the company has since then expanded into the production of other handset components, such as electromagnetic drives (haptics), precision mechanical (metal casing), lenses and camera modules, and MEMS microphones. AAC is headquartered in Shenzhen, China, and runs factories in China, Vietnam, Czechia, and Malaysia. It employed 27,798 people in December 2022.