Skyworth Group (FRA:KYW) Price-to-Tangible-Book : 0.36 (As of May. 24, 2024)

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What is Skyworth Group Price-to-Tangible-Book?

As of today (2024-05-24), Skyworth Group's share price is €0.334. Skyworth Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.94. Hence, Skyworth Group's Price to Tangible Book Ratio of today is 0.36.

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

FRA:KYW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.31 Med: 0.64 Max: 1.31
Current: 0.35

During the past 13 years, Skyworth Group's highest Price to Tangible Book Ratio was 1.31. The lowest was 0.31. And the median was 0.64.

FRA:KYW's Price-to-Tangible-Book is ranked better than
97.26% of 2298 companies
in the Hardware industry
Industry Median: 2.04 vs FRA:KYW: 0.35

A closely related ratio is called PB Ratio. As of today, Skyworth Group's share price is €0.334. Skyworth Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.97. Hence, Skyworth Group's P/B Ratio of today is 0.34.

Skyworth Group Price-to-Tangible-Book Historical Data

The historical data trend for Skyworth 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.

Skyworth Group Price-to-Tangible-Book Chart

Skyworth Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.39

0.28

0.64

0.42

0.35

Skyworth Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.64	0.48	0.42	0.44	0.35

Competitive Comparison of Skyworth Group's Price-to-Tangible-Book

For the Consumer Electronics subindustry, Skyworth 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.

Skyworth Group's Price-to-Tangible-Book Distribution in the Hardware Industry

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

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

Skyworth Group Price-to-Tangible-Book Calculation

Skyworth 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 )
	=	0.334	/	0.939
	=	0.36

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.

Skyworth Group Price-to-Tangible-Book Related Terms

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

Skyworth Group (FRA:KYW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Skyworth Group Ltd (FRA:KYW) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

SWDHF:USA 00751:Hong Kong

Address

20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG

Website

http://www.skyworth.com

Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.

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