Travel Expert (Asia) Enterprises (HKSE:01235) Price-to-Tangible-Book : 1.08 (As of May. 01, 2024)

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What is Travel Expert (Asia) Enterprises Price-to-Tangible-Book?

As of today (2024-05-01), Travel Expert (Asia) Enterprises's share price is HK$0.128. Travel Expert (Asia) Enterprises's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.12. Hence, Travel Expert (Asia) Enterprises's Price to Tangible Book Ratio of today is 1.08.

The historical rank and industry rank for Travel Expert (Asia) Enterprises's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01235' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83 Med: 1.8 Max: 3.39
Current: 1.07

During the past 13 years, Travel Expert (Asia) Enterprises's highest Price to Tangible Book Ratio was 3.39. The lowest was 0.83. And the median was 1.80.

HKSE:01235's Price-to-Tangible-Book is ranked better than
67.87% of 666 companies
in the Travel & Leisure industry
Industry Median: 1.945 vs HKSE:01235: 1.07

A closely related ratio is called PB Ratio. As of today, Travel Expert (Asia) Enterprises's share price is HK$0.128. Travel Expert (Asia) Enterprises's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.12. Hence, Travel Expert (Asia) Enterprises's P/B Ratio of today is 1.07.

Travel Expert (Asia) Enterprises Price-to-Tangible-Book Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises Price-to-Tangible-Book Chart

Travel Expert (Asia) Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.31

0.83

1.49

1.50

1.57

Travel Expert (Asia) Enterprises Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.64	1.50	2.14	1.57	1.35

Competitive Comparison of Travel Expert (Asia) Enterprises's Price-to-Tangible-Book

For the Travel Services subindustry, Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Travel Expert (Asia) Enterprises's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Travel Expert (Asia) Enterprises's Price-to-Tangible-Book falls into.

Travel Expert (Asia) Enterprises Price-to-Tangible-Book Calculation

Travel Expert (Asia) Enterprises's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.128	/	0.119
	=	1.08

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.

Travel Expert (Asia) Enterprises Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Travel Expert (Asia) Enterprises's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Travel Expert (Asia) Enterprises (HKSE:01235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Travel Expert (Asia) Enterprises Ltd (HKSE:01235) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Connaught Road West, 8th Floor, Guangdong Finance Building, Hong Kong, HKG

Website

https://www.tegroup.com.hk

Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of air tickets, hotel accommodation, and other travel/wedding-related activities. The company operates through three business segments which include the Travel and travel/wedding-related business, Food, and beverage business, and Treasury activities. It generates maximum revenue from the Travel and travel/wedding-related business segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in the PRC.

Travel Expert (Asia) Enterprises (HKSE:01235) Headlines

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