Gome Finance Technology Co (HKSE:00628) Price-to-Tangible-Book : 0.34 (As of May. 27, 2024)

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What is Gome Finance Technology Co Price-to-Tangible-Book?

As of today (2024-05-27), Gome Finance Technology Co's share price is HK$0.229. Gome Finance Technology Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.68. Hence, Gome Finance Technology Co's Price to Tangible Book Ratio of today is 0.34.

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

HKSE:00628' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3 Med: 0.84 Max: 2.09
Current: 0.34

During the past 13 years, Gome Finance Technology Co's highest Price to Tangible Book Ratio was 2.09. The lowest was 0.30. And the median was 0.84.

HKSE:00628's Price-to-Tangible-Book is ranked better than
89.11% of 496 companies
in the Credit Services industry
Industry Median: 1.06 vs HKSE:00628: 0.34

A closely related ratio is called PB Ratio. As of today, Gome Finance Technology Co's share price is HK$0.229. Gome Finance Technology Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.68. Hence, Gome Finance Technology Co's P/B Ratio of today is 0.34.

Gome Finance Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Gome Finance Technology 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.

Gome Finance Technology Co Price-to-Tangible-Book Chart

Gome Finance Technology Co Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.90

0.68

0.37

0.30

0.39

Gome Finance Technology Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.37	0.44	0.30	0.25	0.39

Competitive Comparison of Gome Finance Technology Co's Price-to-Tangible-Book

For the Credit Services subindustry, Gome Finance Technology 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.

Gome Finance Technology Co's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Gome Finance Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Gome Finance Technology Co's Price-to-Tangible-Book falls into.

Gome Finance Technology Co Price-to-Tangible-Book Calculation

Gome Finance Technology Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.229	/	0.682
	=	0.34

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.

Gome Finance Technology Co Price-to-Tangible-Book Related Terms

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

Gome Finance Technology Co (HKSE:00628) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Gome Finance Technology Co Ltd (HKSE:00628) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Finance Street, Central, Suite 2912, 29th Floor, Two International Finance Centre, Hong Kong, HKG

Website

https://www.gomejr.com

Gome Finance Technology Co Ltd is an investment holding company. The company's core business includes commercial factoring, financial leasing, personal property pawn loans, and money leading business. Its operating segments include Commercial factoring, Finance lease, and other financing services. The company generates maximum revenue from the Commercial factoring services segment. Geographically, it derives the majority of revenue from Mainland China.

Executives

Mega Bright Capital Resources Limited	2101 Beneficial owner
Du Juan	2202 Interest of your spouse
Wong Kwong Yu	2201 Interest of corporation controlled by you
Ko Chun Shun, Johnson	2201 Interest of corporation controlled by you
Richlane Ventures Limited	2101 Beneficial owner

Gome Finance Technology Co (HKSE:00628) Headlines

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