Sound Group (Sound Group) Price-to-Tangible-Book

: 0.28 (As of Today)

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As of today (2024-04-23), Sound Group's share price is $3.04. Sound Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $11.03. Hence, Sound Group's Price to Tangible Book Ratio of today is 0.28.

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

SOGP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 1.8 Max: 26.14
Current: 0.28

During the past 6 years, Sound Group's highest Price to Tangible Book Ratio was 26.14. The lowest was 0.27. And the median was 1.80.

SOGP's Price-to-Tangible-Book is ranked better than
98.01% of 453 companies
in the Interactive Media industry
Industry Median: 2.64 vs SOGP: 0.28

A closely related ratio is called PB Ratio. As of today, Sound Group's share price is $3.04. Sound Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was $11.07. Hence, Sound Group's P/B Ratio of today is 0.27.

Sound Group Price-to-Tangible-Book Historical Data

The historical data trend for Sound 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.

Sound Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

7.05

1.83

0.58

Sound Group Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book																0.59	0.58	0.60	0.71	0.35

Competitive Comparison

For the Internet Content & Information subindustry, Sound 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.

Sound Group Price-to-Tangible-Book Distribution

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

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

Sound Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	3.04	/	11.028
	=	0.28

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.

Sound Group Price-to-Tangible-Book Related Terms

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Sound Group (Sound Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Sound Group Inc (NAS:SOGP) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yangcheng Creative Industry Zone, No. 309 Middle Huangpu Avenue, Tianhe District, Guangzhou, CHN, 510655

Website

https://www.lizhi.fm

Lizhi Inc is engaged in the operation of providing audio entertainment, podcast, advertising, and others in the People's Republic of China. The company aims to bring people closer together through voices through its product portfolios. It offers LIZHI App, an online UGC audio community, an interactive audio entertainment platform, and an online audio platform in China. The group's revenues comprise audio entertainment revenue, podcast, advertising, and other revenue. It derives a majority of its revenue from the People's Republic of China.