Neway Group Holdings (HKSE:00055) Price-to-Tangible-Book

: (As of Today)

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As of today (2023-09-24), Neway Group Holdings's share price is HK$0.248. Neway Group Holdings's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was HK$0.00. Hence, Neway Group Holdings's Price to Tangible Book Ratio of today is .

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

HKSE:00055' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.07 Med: 0.13 Max: 0.54
Current: 0.08

During the past 13 years, Neway Group Holdings's highest Price to Tangible Book Ratio was 0.54. The lowest was 0.07. And the median was 0.13.

HKSE:00055's Price-to-Tangible-Book is ranked better than
99.77% of 861 companies
in the Business Services industry
Industry Median: 2.15 vs HKSE:00055: 0.08

A closely related ratio is called PB Ratio. As of today, Neway Group Holdings's share price is HK$0.248. Neway Group Holdings's Book Value per Sharefor the quarter that ended in Jun. 2023 was HK$0.00. Hence, Neway Group Holdings's P/B Ratio of today is .

Neway Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Neway Group 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.

Neway Group Holdings Annual Data

Trend

Mar13

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

0.11

0.07

0.11

0.12

0.10

Neway Group Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book																0.15	0.12	0.12	0.10	-

Competitive Comparison

For the Specialty Business Services subindustry, Neway Group 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.

Annual Data Quarterly Data

Neway Group Holdings Price-to-Tangible-Book Distribution

For the Business Services industry and Industrials sector, Neway Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Neway Group Holdings's Price-to-Tangible-Book falls in comparison to its industry or sector. The grey bar indicates the Price-to-Tangible-Book's extreme value range as defined by GuruFocus.

Neway Group Holdings Price-to-Tangible-Book Calculation

Neway Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.248	/	0
	=

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.

Neway Group Holdings Price-to-Tangible-Book Related Terms

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

Neway Group Holdings (HKSE:00055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Neway Group Holdings Ltd (HKSE:00055) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Units Nos 1103 and 1105-1111, Level 11, Tower 2, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.newaygroup.com.hk

Neway Group Holdings Ltd is engaged in the businesses of Lending; Manufacturing and sales; Music and entertainment; Property development; Property investment; Securities trading; and Trading of printing and other products. It derives key revenue from the Manufacturing and sales business which involves the business of manufacturing and sales of printing products, such as packaging boxes, labels, paper products and paper shopping bags, with a customer base; and the manufacturing and sales of surgical masks, with a Hong Kong customer base. The group has a business presence in Hong Kong, the PRC, Europe, the United States and other countries.

Neway Group Holdings (HKSE:00055) Headlines

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