Fangdd Network Group (Fangdd Network Group) Price-to-Tangible-Book

: 0.04 (As of Today)

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As of today (2024-04-16), Fangdd Network Group's share price is $0.37. Fangdd Network Group's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $9.41. Hence, Fangdd Network Group's Price to Tangible Book Ratio of today is 0.04.

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

DUO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.04 Med: 1.91 Max: 5.54
Current: 0.04

During the past 7 years, Fangdd Network Group's highest Price to Tangible Book Ratio was 5.54. The lowest was 0.04. And the median was 1.91.

DUO's Price-to-Tangible-Book is ranked better than
99.19% of 1722 companies
in the Real Estate industry
Industry Median: 0.8 vs DUO: 0.04

A closely related ratio is called PB Ratio. As of today, Fangdd Network Group's share price is $0.37. Fangdd Network Group's Book Value per Sharefor the quarter that ended in Jun. 2023 was $9.43. Hence, Fangdd Network Group's P/B Ratio of today is 0.04.

Fangdd Network Group Price-to-Tangible-Book Historical Data

The historical data trend for Fangdd Network 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.

Fangdd Network Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

5.00

2.80

0.77

0.35

Fangdd Network Group Quarterly Data
	Dec16	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book																0.65	0.77	0.53	0.35	1.40

Competitive Comparison

For the Real Estate Services subindustry, Fangdd Network 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.

Fangdd Network Group Price-to-Tangible-Book Distribution

For the Real Estate industry and Real Estate sector, Fangdd Network Group's Price-to-Tangible-Book distribution charts can be found below:

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

Fangdd Network Group Price-to-Tangible-Book Calculation

Fangdd Network Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.37	/	9.412
	=	0.04

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.

Fangdd Network Group Price-to-Tangible-Book Related Terms

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Fangdd Network Group (Fangdd Network Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fangdd Network Group Ltd (NAS:DUO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Keyuan Road, Technology Park, Room 602, Unit B4, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.fangdd.com

Fangdd Network Group Ltd is an investment holding company. Through its subsidiaries, It is engaged in the provision of real estate information services through its online platform which also offers integrated marketing services for individual customers, real estate developers, and agents in China. Its SaaS-based solutions help real estate agents to connect with essential business resources, including customers, property listings, capital, and transaction data. The company generates the majority of its revenue from Base commission from transactions in China.