What is Highest Performances Holdings Price-to-Tangible-Book?
As of today (2024-04-24), Highest Performances Holdings's share price is $8.92. Highest Performances Holdings's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.50. Hence, Highest Performances Holdings's Price to Tangible Book Ratio of today is 17.91.
The historical rank and industry rank for Highest Performances Holdings's Price-to-Tangible-Book or its related term are showing as below:
HPH'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.55 Med: 12.67 Max: 18.43
Current: 17.84
During the past 7 years, Highest Performances Holdings's highest Price to Tangible Book Ratio was 18.43. The lowest was 6.55. And the median was 12.67.
HPH's Price-to-Tangible-Book is ranked worse than 98.77% of 1623
companies
in the Asset Management industry
Industry Median: 0.93
vs HPH: 17.84
A closely related ratio is called PB Ratio. As of today, Highest Performances Holdings's share price is $8.92. Highest Performances Holdings's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.50. Hence, Highest Performances Holdings's P/B Ratio of today is 17.77.
Highest Performances Holdings Price-to-Tangible-Book Historical Data
The historical data trend for Highest Performances 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.
Competitive Comparison of Highest Performances Holdings's Price-to-Tangible-Book
For the Asset Management subindustry, Highest Performances 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.
Highest Performances Holdings's Price-to-Tangible-Book Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Highest Performances Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Highest Performances Holdings's Price-to-Tangible-Book falls into.
* 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.
It can also be calculated from the numbers for the whole company:
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.
Highest Performances Holdings Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Highest Performances Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Highest Performances Holdings (Highest Performances Holdings) Business Description
Puyi Inc is the third-party wealth management services provider in China. The company provides wealth management services, corporate finance services and asset management services. It generates a majority of the revenue from wealth management services under which it distributes wealth management products both online and offline through its branch network. Products distributed online include publicly raised fund products, exchange administered products and asset management plans. Products distributed offline include privately raised fund products. In addition, the company also has a corporate finance services business, under which it provides corporate borrowers with financing solutions, including product design, identification of sources of funding, compliance and risk management.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HPH has been successfully added to your 