China Distance Education Holdings (China Distance Education Holdings) Price-to-Tangible-Book : (As of Apr. 26, 2024)

View and export this data going back to 2008. Start your Free Trial

What is China Distance Education Holdings Price-to-Tangible-Book?

As of today (2024-04-26), China Distance Education Holdings's share price is $9.73. China Distance Education Holdings's Tangible Book per Share of Sep. 2020 for the quarter that ended in Sep. 2020 was $-0.71. Hence, China Distance Education Holdings's Price to Tangible Book Ratio of today is .

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

DL's Price-to-Tangible-Book is not ranked ^*
in the Education industry.
Industry Median: 2.03
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, China Distance Education Holdings's share price is $9.73. China Distance Education Holdings's Book Value per Sharefor the quarter that ended in Sep. 2020 was $2.31. Hence, China Distance Education Holdings's P/B Ratio of today is 4.22.

China Distance Education Holdings Price-to-Tangible-Book Historical Data

The historical data trend for China Distance Education Holdings'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.

China Distance Education Holdings Price-to-Tangible-Book Chart

China Distance Education Holdings Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Price-to-Tangible-Book

Get a 7-Day Free Trial

101.73

23.59

China Distance Education Holdings Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of China Distance Education Holdings's Price-to-Tangible-Book

For the Education & Training Services subindustry, China Distance Education Holdings'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.

China Distance Education Holdings's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Distance Education Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Distance Education Holdings's Price-to-Tangible-Book falls into.

China Distance Education Holdings Price-to-Tangible-Book Calculation

China Distance Education Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2020 )
	=	9.73	/	-0.714
	=

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.

China Distance Education Holdings Price-to-Tangible-Book Related Terms

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

China Distance Education Holdings (China Distance Education Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Distance Education Holdings Ltd (NYSE:DL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Zhichun Road, 18th Floor, Xueyuan International Tower, Haidian District, Beijing, CHN, 100083

Website

http://www.cdeledu.com

China Distance Education Holdings Ltd provides online education in China. It focuses on professional education in accounting, healthcare, and engineering and construction industries and also other professional education courses such as online test preparation courses for judicial examination, for university students and online language courses as well as courses through its online open learning platform. The company operating segment includes Professional education services; Business start-up training services and Sales of learning simulation software. It derives the majority of its revenues from the Professional education services segment in the PRC.