Huize Holding (Huize Holding) Price-to-Tangible-Book : 0.62 (As of Apr. 28, 2024)

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What is Huize Holding Price-to-Tangible-Book?

As of today (2024-04-28), Huize Holding's share price is $0.615. Huize Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.00. Hence, Huize Holding's Price to Tangible Book Ratio of today is 0.62.

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

HUIZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62 Med: 1.56 Max: 5.1
Current: 0.62

During the past 7 years, Huize Holding's highest Price to Tangible Book Ratio was 5.10. The lowest was 0.62. And the median was 1.56.

HUIZ's Price-to-Tangible-Book is ranked better than
85.84% of 459 companies
in the Insurance industry
Industry Median: 1.34 vs HUIZ: 0.62

A closely related ratio is called PB Ratio. As of today, Huize Holding's share price is $0.615. Huize Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.14. Hence, Huize Holding's P/B Ratio of today is 0.54.

Huize Holding Price-to-Tangible-Book Historical Data

The historical data trend for Huize Holding'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.

Huize Holding Price-to-Tangible-Book Chart

Huize Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.10

1.40

1.72

0.90

Huize Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.72	1.49	1.55	1.18	0.90

Competitive Comparison of Huize Holding's Price-to-Tangible-Book

For the Insurance Brokers subindustry, Huize Holding'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.

Huize Holding's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Huize Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Huize Holding's Price-to-Tangible-Book falls into.

Huize Holding Price-to-Tangible-Book Calculation

Huize Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.615	/	0.997
	=	0.62

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.

Huize Holding Price-to-Tangible-Book Related Terms

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

Huize Holding (Huize Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Huize Holding Ltd (NAS:HUIZ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianhai Financial Centre, Linhai Avenue, 49 Floor, Building T1, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN, 518000

Website

https://www.huize.com

Huize Holding Ltd is an independent online insurance product and service platform in China. The company distributes on its platform insurance products underwritten by the insurance companies who cooperate with the company, who the company refers to as its insurer partners, and helps them reach a large number of insurance clients. The company's platform offers digitalized insurance purchase experience and services through various internet and mobile internet channels. The company primarily generates revenues from the insurance brokerage fees paid by its insurer partners.