Hollysys Automation Technologies (Hollysys Automation Technologies) Price-to-Tangible-Book : 1.22 (As of May. 05, 2024)

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What is Hollysys Automation Technologies Price-to-Tangible-Book?

As of today (2024-05-05), Hollysys Automation Technologies's share price is $23.63. Hollysys Automation Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $19.37. Hence, Hollysys Automation Technologies's Price to Tangible Book Ratio of today is 1.22.

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

HOLI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66 Med: 1.43 Max: 3.5
Current: 1.22

During the past 13 years, Hollysys Automation Technologies's highest Price to Tangible Book Ratio was 3.50. The lowest was 0.66. And the median was 1.43.

HOLI's Price-to-Tangible-Book is ranked better than
74.97% of 2821 companies
in the Industrial Products industry
Industry Median: 2.12 vs HOLI: 1.22

A closely related ratio is called PB Ratio. As of today, Hollysys Automation Technologies's share price is $23.63. Hollysys Automation Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $20.01. Hence, Hollysys Automation Technologies's P/B Ratio of today is 1.18.

Hollysys Automation Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Hollysys Automation Technologies'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.

Hollysys Automation Technologies Price-to-Tangible-Book Chart

Hollysys Automation Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.29

0.83

0.82

0.96

Hollysys Automation Technologies 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															0.89	0.91	0.96	1.06	1.36

Competitive Comparison of Hollysys Automation Technologies's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Hollysys Automation Technologies'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.

Hollysys Automation Technologies's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hollysys Automation Technologies's Price-to-Tangible-Book distribution charts can be found below:

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

Hollysys Automation Technologies Price-to-Tangible-Book Calculation

Hollysys Automation Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	23.63	/	19.372
	=	1.22

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.

Hollysys Automation Technologies Price-to-Tangible-Book Related Terms

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Hollysys Automation Technologies (Hollysys Automation Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hollysys Automation Technologies Ltd (NAS:HOLI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

46H:Germany

Address

No. 2 Disheng Middle Road, Beijing Economic-Technological Development Area, Beijing, CHN, 100176

Website

https://www.hollysys.com/index.php

Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market.