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Wah Fu Education Group (Wah Fu Education Group) Price-to-Tangible-Book : 0.74 (As of May. 01, 2024)


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What is Wah Fu Education Group Price-to-Tangible-Book?

As of today (2024-05-01), Wah Fu Education Group's share price is $1.86. Wah Fu Education Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $2.52. Hence, Wah Fu Education Group's Price to Tangible Book Ratio of today is 0.74.

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

WAFU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.72   Med: 1.34   Max: 5.37
Current: 0.74

During the past 7 years, Wah Fu Education Group's highest Price to Tangible Book Ratio was 5.37. The lowest was 0.72. And the median was 1.34.

WAFU's Price-to-Tangible-Book is ranked better than
77.31% of 216 companies
in the Education industry
Industry Median: 2.02 vs WAFU: 0.74

A closely related ratio is called PB Ratio. As of today, Wah Fu Education Group's share price is $1.86. Wah Fu Education Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was $2.52. Hence, Wah Fu Education Group's P/B Ratio of today is 0.74.

Wah Fu Education Group Price-to-Tangible-Book Historical Data

The historical data trend for Wah Fu Education 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.

Wah Fu Education Group Price-to-Tangible-Book Chart

Wah Fu Education Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 0.79 5.37 1.29 0.72

Wah Fu Education Group Semi-Annual Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.58 1.29 0.82 0.72 0.81

Competitive Comparison of Wah Fu Education Group's Price-to-Tangible-Book

For the Education & Training Services subindustry, Wah Fu Education 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.

Wah Fu Education Group's Price-to-Tangible-Book Distribution in the Education Industry

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

* The bar in red indicates where Wah Fu Education Group's Price-to-Tangible-Book falls into.


Wah Fu Education Group Price-to-Tangible-Book Calculation

Wah Fu Education Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=1.86/2.517
=0.74

* 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:

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.

Wah Fu Education Group Price-to-Tangible-Book Related Terms

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

Wah Fu Education Group (Wah Fu Education Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Wah Fu Education Group Ltd (NAS:WAFU) » Definitions » Price-to-Tangible-Book
Comparable Companies
GV LEAI BTCT CLEU GSUN AMBO ASPU EEIQ QOEG BRWC AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
No. 13 Deshengmenwai Street, L207b, Hesheng Fortune Plaza, Xicheng District, Beijing, CHN, 100088
Website
https://www.edu-edu.com
Wah Fu Education Group Ltd is involved in providing online exam preparation services and related technology solutions and also produces online training course materials in China. It develops online educational materials that are offered through the cloud and that can be used for a wide range of purposes, such as standard examination preparation, professional training, and interactive programs for educational purposes other than exam preparation. Its segments are Online Education Services, and Technological Development and Operation Service. The company generates maximum revenue from the Online Education Services segment.