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Luokung Technology (FRA:78IB) Price-to-Tangible-Book : (As of May. 27, 2024)


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What is Luokung Technology Price-to-Tangible-Book?

As of today (2024-05-27), Luokung Technology's share price is €6.22. Luokung Technology's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €-42.20. Hence, Luokung Technology's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Luokung Technology's highest Price to Tangible Book Ratio was 61.01. The lowest was 61.01. And the median was 61.01.

FRA:78IB's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.54
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Luokung Technology's share price is €6.22. Luokung Technology's Book Value per Sharefor the quarter that ended in Jun. 2023 was €63.18. Hence, Luokung Technology's P/B Ratio of today is 0.10.


Luokung Technology Price-to-Tangible-Book Historical Data

The historical data trend for Luokung Technology'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.

Luokung Technology Price-to-Tangible-Book Chart

Luokung Technology Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
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Luokung Technology Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Luokung Technology's Price-to-Tangible-Book

For the Software - Application subindustry, Luokung Technology'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.


Luokung Technology's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Luokung Technology's Price-to-Tangible-Book distribution charts can be found below:

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



Luokung Technology Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=6.22/-42.201
=

* 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.


Luokung Technology Price-to-Tangible-Book Related Terms

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


Luokung Technology (FRA:78IB) Business Description

Traded in Other Exchanges
Address
No. 9, Guanghua Road, Miss. Qinyu Zhao B9-8, Block B, SOHO Phase II, Chaoyang District, Beijing, CHN, 100020
Luokung Technology Corp is a mobile service and technology provider for the long-distance travel and railway Wi-Fi market in China. Its mobile application product Luokuang platform is a Location-based Service social content and service distribution platform. It offers personalized and precise services to long-distance travelers in two locations: on the train and at the destination. Its offerings include entertainment services including video and audio, digital reading material, games specific, and social services.

Luokung Technology (FRA:78IB) Headlines

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