GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Value Partners Group Ltd (OTCPK:VPGLF) » Definitions » Price-to-Tangible-Book

Value Partners Group (Value Partners Group) Price-to-Tangible-Book : 0.79 (As of Apr. 28, 2024)


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

What is Value Partners Group Price-to-Tangible-Book?

As of today (2024-04-28), Value Partners Group's share price is $0.195. Value Partners Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.25. Hence, Value Partners Group's Price to Tangible Book Ratio of today is 0.79.

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

VPGLF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.94   Med: 2.29   Max: 4.43
Current: 0.94

During the past 13 years, Value Partners Group's highest Price to Tangible Book Ratio was 4.43. The lowest was 0.94. And the median was 2.29.

VPGLF's Price-to-Tangible-Book is ranked better than
50.28% of 1625 companies
in the Asset Management industry
Industry Median: 0.94 vs VPGLF: 0.94

A closely related ratio is called PB Ratio. As of today, Value Partners Group's share price is $0.195. Value Partners Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.25. Hence, Value Partners Group's P/B Ratio of today is 0.79.


Value Partners Group Price-to-Tangible-Book Historical Data

The historical data trend for Value Partners 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.

* Premium members only.

Value Partners Group Price-to-Tangible-Book Chart

Value Partners Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.33 1.38 1.13 1.32

Value Partners Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.38 1.32 1.13 1.08 1.32

Competitive Comparison of Value Partners Group's Price-to-Tangible-Book

For the Asset Management subindustry, Value Partners 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.


Value Partners Group's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Value Partners Group's Price-to-Tangible-Book distribution charts can be found below:

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



Value Partners Group Price-to-Tangible-Book Calculation

Value Partners 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 )
=0.195/0.247
=0.79

* 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.


Value Partners Group Price-to-Tangible-Book Related Terms

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


Value Partners Group (Value Partners Group) Business Description

Traded in Other Exchanges
Address
99 Queen’s Road Central, 43rd Floor, The Center, Hong Kong, HKG
Value Partners Group Ltd offers asset management portfolios for institutional and individual clients in the Asia Pacific, Europe, and the United States. Fund options include absolute return funds, fixed-income products, long-short hedge funds, exchange-traded funds, and quantitative funds. Inflows for Value's products come by way of a distribution network that includes retail banks, private banks, and insurance companies. Retail investors are the majority contributors to the firm's host of funds with a majority of the Value's assets held by funds within its group of brands. The firm provides other fund opportunities under white-label and co-branded funds.

Value Partners Group (Value Partners Group) Headlines

From GuruFocus

Royce Funds Comments on Value Partners Group

By Holly LaFon Holly LaFon 03-22-2016