Litian Pictures Holdings (HKSE:09958) Price-to-Tangible-Book : 4.87 (As of May. 05, 2024)

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What is Litian Pictures Holdings Price-to-Tangible-Book?

As of today (2024-05-05), Litian Pictures Holdings's share price is HK$3.23. Litian Pictures Holdings's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was HK$0.66. Hence, Litian Pictures Holdings's Price to Tangible Book Ratio of today is 4.87.

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

HKSE:09958' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.65 Med: 0.69 Max: 26.92
Current: 26.92

During the past 7 years, Litian Pictures Holdings's highest Price to Tangible Book Ratio was 26.92. The lowest was 0.65. And the median was 0.69.

HKSE:09958's Price-to-Tangible-Book is ranked worse than
96.29% of 781 companies
in the Media - Diversified industry
Industry Median: 1.95 vs HKSE:09958: 26.92

A closely related ratio is called PB Ratio. As of today, Litian Pictures Holdings's share price is HK$3.23. Litian Pictures Holdings's Book Value per Sharefor the quarter that ended in Jun. 2023 was HK$0.66. Hence, Litian Pictures Holdings's P/B Ratio of today is 4.87.

Litian Pictures Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Litian Pictures 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.

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Litian Pictures Holdings Price-to-Tangible-Book Chart

Litian Pictures Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.69

0.67

1.52

10.58

Litian Pictures Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							0.67	0.70	1.52	1.55	10.58

Competitive Comparison of Litian Pictures Holdings's Price-to-Tangible-Book

For the Entertainment subindustry, Litian Pictures 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.

Litian Pictures Holdings's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Litian Pictures Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Litian Pictures Holdings's Price-to-Tangible-Book falls into.

Litian Pictures Holdings Price-to-Tangible-Book Calculation

Litian Pictures 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 )
	=	3.23	/	0.663
	=	4.87

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.

Litian Pictures Holdings Price-to-Tangible-Book Related Terms

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

Litian Pictures Holdings (HKSE:09958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Litian Pictures Holdings Ltd (HKSE:09958) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5A, Tongniu Dianying Industrial Park, Chaoyang District, Beijing, CHN

Website

https://www.litian.tv

Litian Pictures Holdings Ltd is a a drama series distribution company in the People's Republic of China. It is engaged in the business of licensing the broadcasting rights of self-produced and outright-purchased drama series. In addition, it is engaged in other businesses, which include selling drama series scripts; acting as a distribution agent of the broadcasting rights of TV series; and investing in drama series in which it acts as a non-executive producer. It operates in three segments namely, Self-produced drama series; Outright-purchased drama series; and Others. It derives all its revenue from production, distribution and licensing of broadcasting rights of drama series in China.

Litian Pictures Holdings (HKSE:09958) Headlines

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