Tao Heung Holdings (HKSE:00573) Price-to-Tangible-Book : 0.61 (As of May. 26, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Tao Heung Holdings Price-to-Tangible-Book?

As of today (2024-05-26), Tao Heung Holdings's share price is HK$0.72. Tao Heung Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.18. Hence, Tao Heung Holdings's Price to Tangible Book Ratio of today is 0.61.

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

HKSE:00573' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54 Med: 0.85 Max: 2.22
Current: 0.61

During the past 13 years, Tao Heung Holdings's highest Price to Tangible Book Ratio was 2.22. The lowest was 0.54. And the median was 0.85.

HKSE:00573's Price-to-Tangible-Book is ranked better than
94.38% of 267 companies
in the Restaurants industry
Industry Median: 3.13 vs HKSE:00573: 0.61

A closely related ratio is called PB Ratio. As of today, Tao Heung Holdings's share price is HK$0.72. Tao Heung Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.22. Hence, Tao Heung Holdings's P/B Ratio of today is 0.59.

Tao Heung Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Tao Heung Holdings'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.

Tao Heung Holdings Price-to-Tangible-Book Chart

Tao Heung Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.83

0.54

0.62

0.78

0.64

Tao Heung Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.62	0.67	0.78	0.70	0.64

Competitive Comparison of Tao Heung Holdings's Price-to-Tangible-Book

For the Restaurants subindustry, Tao Heung Holdings'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.

Tao Heung Holdings's Price-to-Tangible-Book Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tao Heung Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tao Heung Holdings's Price-to-Tangible-Book falls into.

Tao Heung Holdings Price-to-Tangible-Book Calculation

Tao Heung Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.72	/	1.18
	=	0.61

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.

Tao Heung Holdings Price-to-Tangible-Book Related Terms

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

Tao Heung Holdings (HKSE:00573) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tao Heung Holdings Ltd (HKSE:00573) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BVI:Germany

Address

Number 18 Dai Fat Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.taoheung.com.hk

Tao Heung Holdings Ltd is a Hong Kong-based company engaged in the provision of food catering services through a chain of restaurants. It is also engaged in chilled and packaged food, bakery operations, production, sale and distribution of food products and other items related to restaurant operations and provision of poultry farm operations. Group operates restaurants under Tao heung, Tao Square, and Tai Cheong Bakery brands. The company operates businesses in Hong Kong and Mainland China of which Hong Kong accounts for a larger share of the company revenue.

Executives

Chung Wai Ping	2101 Beneficial owner
Billion Era International Limited
Sapphire Skye Holdings Limited
Tin Tao Investments Limited
Zedra Trust Company (singapore) Limited
Joy Mount Investments Limited
Whole Gain Holdings Limited
Wong Ka Wing
Perfect Plan International Limited
Café De Coral Development Limited
Café De Coral Holdings Limited

Tao Heung Holdings (HKSE:00573) Headlines

No Headlines