Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Price-to-Tangible-Book : 2.82 (As of Jun. 24, 2024)

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What is Hi-Think Yondervision (Beijing) Tech Co Price-to-Tangible-Book?

As of today (2024-06-24), Hi-Think Yondervision (Beijing) Tech Co's share price is ¥16.56. Hi-Think Yondervision (Beijing) Tech Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥5.88. Hence, Hi-Think Yondervision (Beijing) Tech Co's Price to Tangible Book Ratio of today is 2.82.

The historical rank and industry rank for Hi-Think Yondervision (Beijing) Tech Co's Price-to-Tangible-Book or its related term are showing as below:

BJSE:837592' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 0.94 Max: 4.05
Current: 2.82

During the past 11 years, Hi-Think Yondervision (Beijing) Tech Co's highest Price to Tangible Book Ratio was 4.05. The lowest was 0.67. And the median was 0.94.

BJSE:837592's Price-to-Tangible-Book is ranked better than
57.95% of 2088 companies
in the Software industry
Industry Median: 3.47 vs BJSE:837592: 2.82

A closely related ratio is called PB Ratio. As of today, Hi-Think Yondervision (Beijing) Tech Co's share price is ¥16.56. Hi-Think Yondervision (Beijing) Tech Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥5.92. Hence, Hi-Think Yondervision (Beijing) Tech Co's P/B Ratio of today is 2.80.

Hi-Think Yondervision (Beijing) Tech Co Price-to-Tangible-Book Historical Data

The historical data trend for Hi-Think Yondervision (Beijing) Tech Co'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.

Hi-Think Yondervision (Beijing) Tech Co Price-to-Tangible-Book Chart

Hi-Think Yondervision (Beijing) Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.80

0.90

0.87

0.72

4.05

Hi-Think Yondervision (Beijing) Tech Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.94	0.67	1.99	4.05	2.80

Competitive Comparison of Hi-Think Yondervision (Beijing) Tech Co's Price-to-Tangible-Book

For the Information Technology Services subindustry, Hi-Think Yondervision (Beijing) Tech Co'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.

Hi-Think Yondervision (Beijing) Tech Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Hi-Think Yondervision (Beijing) Tech Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hi-Think Yondervision (Beijing) Tech Co's Price-to-Tangible-Book falls into.

Hi-Think Yondervision (Beijing) Tech Co Price-to-Tangible-Book Calculation

Hi-Think Yondervision (Beijing) Tech Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	16.56	/	5.882
	=	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.

Hi-Think Yondervision (Beijing) Tech Co Price-to-Tangible-Book Related Terms

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Hi-Think Yondervision (Beijing) Tech Co (BJSE:837592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hi-Think Yondervision (Beijing) Tech Co Ltd (BJSE:837592) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18, North Taipingzhuang Road, Floor 12, Building A, Chengjian Building, Haidian, Beijing, CHN, 100088

Website

https://www.yondervision.com.cn

Hi-Think Yondervision (Beijing) Tech Co Ltd is a provider of digital solutions for housing provident funds and banking And service operators, providing housing provident fund management agencies and banks across the country with information system-related software customization development, maintenance services, third-party product sales and integration, outsourcing services and other services across multiple scenarios. At present, the company's business mainly includes five sectors: digital provident fund, digital port, digital financial services, service outsourcing, and data intelligence services. It has always focused on the field of housing finance, providing high-quality software products and digital services for housing provident fund management institutions across the country.

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