UP Fintech Holding (UP Fintech Holding) Price-to-Tangible-Book : 1.25 (As of May. 13, 2024)

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What is UP Fintech Holding Price-to-Tangible-Book?

As of today (2024-05-13), UP Fintech Holding's share price is $3.79. UP Fintech Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.03. Hence, UP Fintech Holding's Price to Tangible Book Ratio of today is 1.25.

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

TIGR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.21 Med: 1.72 Max: 5.01
Current: 1.25

During the past 8 years, UP Fintech Holding's highest Price to Tangible Book Ratio was 5.01. The lowest was 1.21. And the median was 1.72.

TIGR's Price-to-Tangible-Book is ranked better than
51.73% of 721 companies
in the Capital Markets industry
Industry Median: 1.3 vs TIGR: 1.25

A closely related ratio is called PB Ratio. As of today, UP Fintech Holding's share price is $3.79. UP Fintech Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.12. Hence, UP Fintech Holding's P/B Ratio of today is 1.21.

UP Fintech Holding Price-to-Tangible-Book Historical Data

The historical data trend for UP Fintech Holding'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.

UP Fintech Holding Price-to-Tangible-Book Chart

UP Fintech Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.48

5.01

1.72

1.21

1.46

UP Fintech Holding 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															1.21	1.13	0.95	1.67	1.46

Competitive Comparison of UP Fintech Holding's Price-to-Tangible-Book

For the Capital Markets subindustry, UP Fintech Holding'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.

UP Fintech Holding's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, UP Fintech Holding's Price-to-Tangible-Book distribution charts can be found below:

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

UP Fintech Holding Price-to-Tangible-Book Calculation

UP Fintech Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.79	/	3.033
	=	1.25

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.

UP Fintech Holding Price-to-Tangible-Book Related Terms

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

UP Fintech Holding (UP Fintech Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » UP Fintech Holding Ltd (NAS:TIGR) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TIGR:Mexico 0A32:UK 1M5:Germany

Address

No. 16 Taiyanggong Middle Road, 18th Floor, Grandyvic Building, No. 1 Building, Chaoyang District, Beijing, CHN, 100020

Website

https://www.itiger.com

UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support. Clients may use Tiger's flagship mobile trading APP, Tiger Trade, to trade equities in The U.S., Hong Kong, Singapore, and Australia as well as futures, options, and funds.