Sunlands Technology Group (Sunlands Technology Group) Price-to-Tangible-Book : 2.82 (As of Apr. 27, 2024)

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What is Sunlands Technology Group Price-to-Tangible-Book?

As of today (2024-04-27), Sunlands Technology Group's share price is $7.9547. Sunlands Technology Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.82. Hence, Sunlands Technology Group's Price to Tangible Book Ratio of today is 2.82.

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

STG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.87
Current: 2.82

During the past 9 years, Sunlands Technology Group's highest Price to Tangible Book Ratio was 2.87. The lowest was 0.00. And the median was 0.00.

STG's Price-to-Tangible-Book is ranked worse than
59.72% of 216 companies
in the Education industry
Industry Median: 2.055 vs STG: 2.82

A closely related ratio is called PB Ratio. As of today, Sunlands Technology Group's share price is $7.9547. Sunlands Technology Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.83. Hence, Sunlands Technology Group's P/B Ratio of today is 2.81.

Sunlands Technology Group Price-to-Tangible-Book Historical Data

The historical data trend for Sunlands Technology 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.

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Sunlands Technology Group Price-to-Tangible-Book Chart

Sunlands Technology Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.61

Sunlands Technology Group 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															-	-	102.50	4.00	3.61

Competitive Comparison of Sunlands Technology Group's Price-to-Tangible-Book

For the Education & Training Services subindustry, Sunlands Technology 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.

Sunlands Technology Group's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Sunlands Technology Group's Price-to-Tangible-Book distribution charts can be found below:

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

Sunlands Technology Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.9547	/	2.818
	=	2.82

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.

Sunlands Technology Group Price-to-Tangible-Book Related Terms

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

Sunlands Technology Group (Sunlands Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Sunlands Technology Group (NYSE:STG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

S790:Germany

Address

No. 36 Chuangyuan Road, Building 4-6, Chaolai Science Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.sunlands.com

Sunlands Technology Group is a provider of online post-secondary and professional education services in China. The company offers various degree- and diploma-oriented post-secondary courses through its online platforms. In addition, it provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. The Group has one operating segment, which is the provision of online education services.