Target Insurance (Holdings) (HKSE:06161) Price-to-Tangible-Book : (As of Apr. 27, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Target Insurance (Holdings) Price-to-Tangible-Book?

As of today (2024-04-27), Target Insurance (Holdings)'s share price is HK$0.48. Target Insurance (Holdings)'s Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was HK$0.00. Hence, Target Insurance (Holdings)'s Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Target Insurance (Holdings)'s Price-to-Tangible-Book or its related term are showing as below:

During the past 10 years, Target Insurance (Holdings)'s highest Price to Tangible Book Ratio was 5.51. The lowest was 0.47. And the median was 1.02.

HKSE:06161's Price-to-Tangible-Book is not ranked ^*
in the Insurance industry.
Industry Median: 1.34
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Target Insurance (Holdings)'s share price is HK$0.48. Target Insurance (Holdings)'s Book Value per Sharefor the quarter that ended in Jun. 2023 was HK$0.00. Hence, Target Insurance (Holdings)'s P/B Ratio of today is .

Target Insurance (Holdings) Price-to-Tangible-Book Historical Data

The historical data trend for Target Insurance (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.

Target Insurance (Holdings) Price-to-Tangible-Book Chart

Target Insurance (Holdings) Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.65

0.95

0.90

0.47

Target Insurance (Holdings) Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial														0.90	0.90	0.47	-	-

Competitive Comparison of Target Insurance (Holdings)'s Price-to-Tangible-Book

For the Insurance - Property & Casualty subindustry, Target Insurance (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.

Target Insurance (Holdings)'s Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Target Insurance (Holdings)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Target Insurance (Holdings)'s Price-to-Tangible-Book falls into.

Target Insurance (Holdings) Price-to-Tangible-Book Calculation

Target Insurance (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 )
	=	0.48	/	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.

Target Insurance (Holdings) Price-to-Tangible-Book Related Terms

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

Target Insurance (Holdings) (HKSE:06161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Target Insurance (Holdings) Ltd (HKSE:06161) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Queen’s Road Central, Grand Millennium Plaza, 5th Floor, Low Block, Hong Kong, HKG

Website

http://www.targetinsholdings.com

Target Insurance (Holdings) Ltd is an investment company based in Hong Kong. It is principally engaged in writing motor insurance. The company offers insurance for the taxi, public light bus, and other motor vehicles. Its operating segments are Taxi, Public Light Bus, Other motor vehicles. The company earns revenue in the form of insurance premiums, dividend income, interest income, and others. It generates all of its revenue from Hong Kong.

Target Insurance (Holdings) (HKSE:06161) Headlines

No Headlines