TuanChe (TuanChe) Price-to-Tangible-Book : (As of Apr. 25, 2024)

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What is TuanChe Price-to-Tangible-Book?

As of today (2024-04-25), TuanChe's share price is $1.6587. TuanChe's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-2.17. Hence, TuanChe's Price to Tangible Book Ratio of today is .

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

During the past 8 years, TuanChe's highest Price to Tangible Book Ratio was 5.66. The lowest was 1.74. And the median was 2.95.

TC's Price-to-Tangible-Book is not ranked ^*
in the Interactive Media industry.
Industry Median: 2.76
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, TuanChe's share price is $1.6587. TuanChe's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.62. Hence, TuanChe's P/B Ratio of today is 1.02.

TuanChe Price-to-Tangible-Book Historical Data

The historical data trend for TuanChe'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.

TuanChe Price-to-Tangible-Book Chart

TuanChe Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.74

2.77

5.66

2.95

TuanChe Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															5.66	9.49	2.95	4.22	-

Competitive Comparison of TuanChe's Price-to-Tangible-Book

For the Internet Content & Information subindustry, TuanChe'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.

TuanChe's Price-to-Tangible-Book Distribution in the Interactive Media Industry

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

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

TuanChe Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.6587	/	-2.173
	=

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.

TuanChe Price-to-Tangible-Book Related Terms

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

TuanChe (TuanChe) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » TuanChe Ltd (NAS:TC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 21 Yangfangdian Road, 9th Floor, Ruihai Building, Haidian District, Beijing, CHN, 100038

Website

http://www.tuanche.com

TuanChe Ltd is an omnichannel automotive marketplace in China. The company operates in one operating segment of providing auto shows, special promotion events services, and virtual dealership, online marketing services and others. It organizes auto shows, which aim at facilitating transactions between consumers and auto dealers that includes auto dealers, automakers, and automotive service providers. It provides services through its online platform and offline events. Geographically the company generates revenue from the China market.