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Baidu (BIDU) Price-to-Tangible-Book

: 1.20 (As of Today)
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As of today (2024-04-19), Baidu's share price is $95.58. Baidu's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $79.81. Hence, Baidu's Price to Tangible Book Ratio of today is 1.20.

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

BIDU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.2   Med: 3.04   Max: 16.47
Current: 1.2

During the past 13 years, Baidu's highest Price to Tangible Book Ratio was 16.47. The lowest was 1.20. And the median was 3.04.

BIDU's Price-to-Tangible-Book is ranked better than
78.05% of 451 companies
in the Interactive Media industry
Industry Median: 2.63 vs BIDU: 1.20

A closely related ratio is called PB Ratio. As of today, Baidu's share price is $95.58. Baidu's Book Value per Sharefor the quarter that ended in Dec. 2023 was $97.31. Hence, Baidu's P/B Ratio of today is 0.98.


Baidu Price-to-Tangible-Book Historical Data

The historical data trend for Baidu'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.

Baidu Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.30 3.26 1.94 1.55 1.49

Baidu 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.55 1.94 1.78 1.73 1.49

Competitive Comparison

For the Internet Content & Information subindustry, Baidu'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.


Baidu Price-to-Tangible-Book Distribution

For the Interactive Media industry and Communication Services sector, Baidu's Price-to-Tangible-Book distribution charts can be found below:

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



Baidu Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=95.58/79.808
=1.20

* 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.

It can also be calculated from the numbers for the whole company:

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.


Baidu Price-to-Tangible-Book Related Terms

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


Baidu (BIDU) Business Description

Address
No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.