Midea Group Co (HKSE:00300) Price-to-Tangible-Book : 3.33 (As of May. 28, 2025)

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What is Midea Group Co Price-to-Tangible-Book?

As of today (2025-05-28), Midea Group Co's share price is HK$82.80. Midea Group Co's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was HK$24.90. Hence, Midea Group Co's Price to Tangible Book Ratio of today is 3.33.

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

HKSE:00300' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.6 Med: 5.18 Max: 13
Current: 3.41

During the past 13 years, Midea Group Co's highest Price to Tangible Book Ratio was 13.00. The lowest was 2.60. And the median was 5.18.

HKSE:00300's Price-to-Tangible-Book is ranked worse than
79.06% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.67 vs HKSE:00300: 3.41

A closely related ratio is called PB Ratio. As of today, Midea Group Co's share price is HK$82.80. Midea Group Co's Book Value per Sharefor the quarter that ended in Mar. 2025 was HK$32.17. Hence, Midea Group Co's P/B Ratio of today is 2.57.

Midea Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Midea Group 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.

Midea Group Co Price-to-Tangible-Book Chart

Midea Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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0.20

0.18

0.16

0.14

3.18

Midea Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.13	0.14	3.21	3.18	3.17

Competitive Comparison of Midea Group Co's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Midea Group 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.

Midea Group Co's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's Price-to-Tangible-Book distribution charts can be found below:

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

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Midea Group Co Price-to-Tangible-Book Calculation

Midea Group Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2025 )
	=	82.80	/	24.896
	=	3.33

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.

Midea Group Co Price-to-Tangible-Book Related Terms

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

Midea Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Midea Group Co Ltd (HKSE:00300) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

1520:Germany 1520:Germany 000333:China

Address

No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Shunde District, Guangdong Province, Foshan, CHN, 528311

Website

http://www.midea.com

Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products generally contribute the most to Midea's revenue, followed by other consumer appliances, and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Hsbc Holdings Plc	2302 Custodian
Jpmorgan Chase & Co.
Hhlr Fund, L.p.	2101 Beneficial owner
Hhlr Cf, L.p.	2101 Beneficial owner
Hhlr Advisors, Ltd.	2102 Investment manager
China Cosco Shipping Corporation Limited	2201 Interest of corporation controlled by you
China Ocean Shipping Company Limited	2201 Interest of corporation controlled by you
Cosco Shipping Holdings (hong Kong) Limited	2101 Beneficial owner
Cosco Shipping Holdings Co., Ltd.	2201 Interest of corporation controlled by you
J.p. Morgan Securities Plc	2201 Interest of corporation controlled by you
China International Capital Corporation Hong Kong Securities Limited	2105 Underwriter
China International Capital Corporation (international) Limited	2201 Interest of corporation controlled by you
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley & Co. International Plc	2101 Beneficial owner

Midea Group Co Headlines

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