China East Education Holdings (HKSE:00667) Price-to-Tangible-Book

: 0.80 (As of Today)

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As of today (2024-04-19), China East Education Holdings's share price is HK$2.22. China East Education Holdings's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was HK$2.77. Hence, China East Education Holdings's Price to Tangible Book Ratio of today is 0.80.

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

HKSE:00667' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78 Med: 3.82 Max: 5.71
Current: 0.79

During the past 8 years, China East Education Holdings's highest Price to Tangible Book Ratio was 5.71. The lowest was 0.78. And the median was 3.82.

HKSE:00667's Price-to-Tangible-Book is ranked better than
73.49% of 215 companies
in the Education industry
Industry Median: 2.04 vs HKSE:00667: 0.79

A closely related ratio is called PB Ratio. As of today, China East Education Holdings's share price is HK$2.22. China East Education Holdings's Book Value per Sharefor the quarter that ended in Jun. 2023 was HK$2.77. Hence, China East Education Holdings's P/B Ratio of today is 0.80.

China East Education Holdings Price-to-Tangible-Book Historical Data

The historical data trend for China East Education 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.

China East Education Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

5.25

5.71

1.51

2.13

0.95

China East Education Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book										1.51	1.39	2.13	1.09	0.95

Competitive Comparison

For the Education & Training Services subindustry, China East Education 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.

China East Education Holdings Price-to-Tangible-Book Distribution

For the Education industry and Consumer Defensive sector, China East Education Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China East Education Holdings's Price-to-Tangible-Book falls into.

China East Education Holdings Price-to-Tangible-Book Calculation

China East Education 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 )
	=	2.22	/	2.772
	=	0.80

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.

China East Education Holdings Price-to-Tangible-Book Related Terms

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China East Education Holdings (HKSE:00667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China East Education Holdings Ltd (HKSE:00667) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ZX3:Germany

Address

No. 1009 Xuelin Road, Vocational Education Town, Yaohai District, Anhui Province, Hefei, CHN

Website

https://www.chinaeastedu.com

China East Education is the largest vocational training education provider in China in terms of average students enrolled. It was founded in 1988 and its business spans four segments: culinary arts, information & internet technology, auto services, and fashion & beauty. It runs schools under six brands: New East, Omick, Xinhua Internet, Wisezone, Wontone, and On-mind. It also operates customized catering experience centers under Cuisine Academy. Its average students enrolled was 142,765 as of Dec. 31, 2022. In 2022, China East Education's revenue breakdown by major businesses was 59% in culinary arts, 20% in information & internet technology, 19% in auto services.

China East Education Holdings (HKSE:00667) Headlines

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