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FTFT (Future FinTech Group) Price-to-Tangible-Book : 0.19 (As of Dec. 11, 2024)


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What is Future FinTech Group Price-to-Tangible-Book?

As of today (2024-12-11), Future FinTech Group's share price is $0.3386. Future FinTech Group's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $1.78. Hence, Future FinTech Group's Price to Tangible Book Ratio of today is 0.19.

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

FTFT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.05   Med: 0.44   Max: 10.77
Current: 0.19

During the past 13 years, Future FinTech Group's highest Price to Tangible Book Ratio was 10.77. The lowest was 0.05. And the median was 0.44.

FTFT's Price-to-Tangible-Book is ranked better than
99.33% of 2089 companies
in the Software industry
Industry Median: 3.85 vs FTFT: 0.19

A closely related ratio is called PB Ratio. As of today, Future FinTech Group's share price is $0.3386. Future FinTech Group's Book Value per Sharefor the quarter that ended in Sep. 2024 was $1.80. Hence, Future FinTech Group's P/B Ratio of today is 0.19.


Future FinTech Group Price-to-Tangible-Book Historical Data

The historical data trend for Future FinTech 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.

Future FinTech Group Price-to-Tangible-Book Chart

Future FinTech 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 - 10.77 1.42 0.52 0.75

Future FinTech Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.36 0.75 0.47 0.24 0.21

Competitive Comparison of Future FinTech Group's Price-to-Tangible-Book

For the Software - Application subindustry, Future FinTech 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.


Future FinTech Group's Price-to-Tangible-Book Distribution in the Software Industry

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

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



Future FinTech Group Price-to-Tangible-Book Calculation

Future FinTech Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=0.3386/1.776
=0.19

* 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.


Future FinTech Group Price-to-Tangible-Book Related Terms

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


Future FinTech Group Business Description

Traded in Other Exchanges
Address
1177 Avenue of The Americas, Suite 5100, Americas Tower, New York, NY, USA, 10036
Future FinTech Group Inc is engaged in the financial technology business. The company participates in supply chain financing services and trading in China, asset management business in Hong Kong, and cross-border money transfer services in the United Kingdom. It has also expanded into brokerage and investment banking business in Hong Kong and cryptocurrency mining farm in the U.S. The company's reportable segments include the Supply chain financing/trading segment which generates key revenue, and the Asset management service segment.
Executives
Ming Yi officer: Chief Financial Officer PUDONG BUILDING, 2ND FLOOR, JUILING AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Yang Liu officer: Chief Operating Officer 59 FREDERICKS ST, WEST ORANGE NJ 07052
Mingjie Zhao director 190-19 50TH AVE, FRESH MEADOWS NY 11365
Shanchun Huang director, officer: Chief Executive Officer PUDONG BUILDING, 2ND FLOOR,, JIULONG AVENUE, LONGWEN DISTRICT, ZHANGZHOU F4 363000
Hanjun Zheng officer: Interim CFO 23F, CHINA DEVELOPMENT BANK TOWER, NO. 2, GAOXIN 1ST ROAD, XI'AN F4 710075
Zhi Yan director ROOM 03-1102, FL 11, BLDG C,SOHO,SALITUN, WORKERS' STADIUM NORTH RD,CHAOYANG DIST, BEIJING F4 0000000000
Yiliang Li director NO. 1803, BUILDING B, GUOHONG MANSION, MUXIDI, XICHENG DISTRICT, BEIJING F4 10038
Hongke Xue director, officer: Chief Executive Officer 16F, CHINA DEVELOPMENT BANK TOWER, NO 2 GAOXIN 1ST RD, XI'AN F4 710075
V.x. Fortune Capital Ltd 10 percent owner P.O. BOX 957, OFFSHORE INCORPORATIONS CENTRE, ROAD TOWN, TORTOLA D8 00000
Skypeople International Holdings Group Ltd 10 percent owner P.O. BOX 2804, 4TH FLOOR, SCOTIA CENTRE, GEORGE TOWN E9 KY1-1112
Golden Dawn International Ltd 10 percent owner P.O. BOX 957, OFFSHORE INCORPORATIONS CENTRE, ROAD TOWN, TORTOLA D8 00000
Baosheng Lu director ROOM 501, BLOCK 3, BINGJIAO LANE, TIANSHUIJING ROAD, XI'AN, SHAANXI PROVINCE F4 710002
Tao Wang director 32/F, CHINA MERCHANTS TOWER, 118 JIAN GUO ROAD, CHAO YANG DISTRICT, BEIJING F4 100022
Yong Ke Xue director, officer: Chief Executive Officer 16 F, NATIONAL DEVELOPMENT BANK TOWER, GAOXIN 2ND ROAD, XI'AN F4 710075
John W. Smagula director 3036 FANSHAWE ST, PHILADELPHIA PA 19149