Upbest Group (HKSE:00335) Price-to-Tangible-Book : 0.71 (As of May. 04, 2024)

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

As of today (2024-05-04), Upbest Group's share price is HK$0.73. Upbest Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$1.03. Hence, Upbest Group's Price to Tangible Book Ratio of today is 0.71.

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

HKSE:00335' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59 Med: 1.03 Max: 1.91
Current: 0.71

During the past 13 years, Upbest Group's highest Price to Tangible Book Ratio was 1.91. The lowest was 0.59. And the median was 1.03.

HKSE:00335's Price-to-Tangible-Book is ranked better than
75.1% of 719 companies
in the Capital Markets industry
Industry Median: 1.3 vs HKSE:00335: 0.71

A closely related ratio is called PB Ratio. As of today, Upbest Group's share price is HK$0.73. Upbest Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$1.03. Hence, Upbest Group's P/B Ratio of today is 0.71.

Upbest Group Price-to-Tangible-Book Historical Data

The historical data trend for Upbest 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.

Upbest Group Price-to-Tangible-Book Chart

Upbest Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.07

0.92

0.86

0.64

0.68

Upbest Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.83	0.64	0.63	0.68	0.59

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

For the Capital Markets subindustry, Upbest 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.

Upbest Group's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Upbest Group's Price-to-Tangible-Book distribution charts can be found below:

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

Upbest Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.73	/	1.028
	=	0.71

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.

Upbest Group Price-to-Tangible-Book Related Terms

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

Upbest Group (HKSE:00335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Upbest Group Ltd (HKSE:00335) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Des Voeux Road Central, 2nd Floor, Wah Kit Commercial Centre, Hong Kong, HKG

Website

https://www.upbest.com

Upbest Group Ltd is an investment holding company. The principal activity of the Company is investment holding. Its subsidiaries are principally engaged in securities broking, futures broking, securities margin financing, money lending, corporate finance advisory, assets management, precious metal trading, and property investment. The company's operating segment includes Broking, Financing, corporate finance, assets management, properties investment, and precious metal trading the firm generates the majority of its revenue from property investment. geographically the majority of its revenues come from Hongkong.

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