Chindata Group Holdings (Chindata Group Holdings) Price-to-Tangible-Book : 2.11 (As of May. 04, 2024)

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What is Chindata Group Holdings Price-to-Tangible-Book?

As of today (2024-05-04), Chindata Group Holdings's share price is $8.45. Chindata Group Holdings's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $4.00. Hence, Chindata Group Holdings's Price to Tangible Book Ratio of today is 2.11.

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

CD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.55 Med: 2.05 Max: 9.47
Current: 2.11

During the past 5 years, Chindata Group Holdings's highest Price to Tangible Book Ratio was 9.47. The lowest was 1.55. And the median was 2.05.

CD's Price-to-Tangible-Book is not ranked
in the Software industry.
Industry Median: 3.63 vs CD: 2.11

A closely related ratio is called PB Ratio. As of today, Chindata Group Holdings's share price is $8.45. Chindata Group Holdings's Book Value per Sharefor the quarter that ended in Jun. 2023 was $4.30. Hence, Chindata Group Holdings's P/B Ratio of today is 1.97.

Chindata Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Chindata Group 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.

Chindata Group Holdings Price-to-Tangible-Book Chart

Chindata Group Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

6.40

1.64

2.01

Chindata Group Holdings Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial													1.97	2.09	2.01	1.70	1.79

Competitive Comparison of Chindata Group Holdings's Price-to-Tangible-Book

For the Information Technology Services subindustry, Chindata Group 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.

Chindata Group Holdings's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Chindata Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Chindata Group Holdings Price-to-Tangible-Book Calculation

Chindata Group 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 )
	=	8.45	/	4.002
	=	2.11

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.

Chindata Group Holdings Price-to-Tangible-Book Related Terms

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Chindata Group Holdings (Chindata Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Chindata Group Holdings Ltd (NAS:CD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 47 Laiguangying East Road, Chaoyang District, Beijing, CHN, 100012

Website

https://www.chindatagroup.com

Chindata Group Holdings Ltd is a carrier-neutral hyper-scale data center solution provider in Asia-Pacific emerging markets, focusing on China, India, and Southeast Asia markets. The company's solutions include colocation and managed service; Energy procurement and transmission; Infrastructure service; and IT and network service.