Goldway Education Group (HKSE:08160) Price-to-Tangible-Book : 0.25 (As of Apr. 28, 2024)

View and export this data going back to 2016. Start your Free Trial

What is Goldway Education Group Price-to-Tangible-Book?

As of today (2024-04-28), Goldway Education Group's share price is HK$0.04. Goldway Education Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.16. Hence, Goldway Education Group's Price to Tangible Book Ratio of today is 0.25.

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

HKSE:08160' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25 Med: 2.44 Max: 7.89
Current: 0.25

During the past 10 years, Goldway Education Group's highest Price to Tangible Book Ratio was 7.89. The lowest was 0.25. And the median was 2.44.

HKSE:08160's Price-to-Tangible-Book is ranked better than
96.76% of 216 companies
in the Education industry
Industry Median: 2.055 vs HKSE:08160: 0.25

A closely related ratio is called PB Ratio. As of today, Goldway Education Group's share price is HK$0.04. Goldway Education Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.23. Hence, Goldway Education Group's P/B Ratio of today is 0.17.

Goldway Education Group Price-to-Tangible-Book Historical Data

The historical data trend for Goldway Education Group'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.

Goldway Education Group Price-to-Tangible-Book Chart

Goldway Education Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

7.67

1.64

7.89

1.20

2.80

Goldway Education Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.08	-	2.80	-	1.23

Competitive Comparison of Goldway Education Group's Price-to-Tangible-Book

For the Education & Training Services subindustry, Goldway Education Group'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.

Goldway Education Group's Price-to-Tangible-Book Distribution in the Education Industry

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

* The bar in red indicates where Goldway Education Group's Price-to-Tangible-Book falls into.

Goldway Education Group Price-to-Tangible-Book Calculation

Goldway Education Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.04	/	0.158
	=	0.25

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.

Goldway Education Group Price-to-Tangible-Book Related Terms

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

Goldway Education Group (HKSE:08160) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Goldway Education Group Ltd (HKSE:08160) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shop B10, 1/F, Goodrich Shopping Arcade, Tuen Mun, New Territories, Hong Kong, HKG

Website

http://www.goldwayedugp.com

Goldway Education Group Ltd is an investment holding company. Its subsidiaries are principally engaged in the provision of tutoring services and franchising services in Hong Kong. The Group provides private tutoring services including primary and secondary tutoring services under the trade name of "Logic Tutorial Centre" and "Pedagog Education Centre".

Goldway Education Group (HKSE:08160) Headlines

No Headlines