TCL Electronics Holdings (HKSE:01070) Price-to-Tangible-Book : 1.16 (As of May. 17, 2024)

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What is TCL Electronics Holdings Price-to-Tangible-Book?

As of today (2024-05-17), TCL Electronics Holdings's share price is HK$5.62. TCL Electronics Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$4.84. Hence, TCL Electronics Holdings's Price to Tangible Book Ratio of today is 1.16.

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

HKSE:01070' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 0.91 Max: 1.64
Current: 1.16

During the past 13 years, TCL Electronics Holdings's highest Price to Tangible Book Ratio was 1.64. The lowest was 0.53. And the median was 0.91.

HKSE:01070's Price-to-Tangible-Book is ranked better than
75.42% of 2303 companies
in the Hardware industry
Industry Median: 2.06 vs HKSE:01070: 1.16

A closely related ratio is called PB Ratio. As of today, TCL Electronics Holdings's share price is HK$5.62. TCL Electronics Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$6.66. Hence, TCL Electronics Holdings's P/B Ratio of today is 0.84.

TCL Electronics Holdings Price-to-Tangible-Book Historical Data

The historical data trend for TCL Electronics 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.

TCL Electronics Holdings Price-to-Tangible-Book Chart

TCL Electronics Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.90

1.24

0.75

0.65

0.53

TCL Electronics 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															0.75	0.73	0.65	0.89	0.53

Competitive Comparison of TCL Electronics Holdings's Price-to-Tangible-Book

For the Consumer Electronics subindustry, TCL Electronics 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.

TCL Electronics Holdings's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TCL Electronics Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

TCL Electronics Holdings Price-to-Tangible-Book Calculation

TCL Electronics 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 )
	=	5.62	/	4.84
	=	1.16

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.

TCL Electronics Holdings Price-to-Tangible-Book Related Terms

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

TCL Electronics Holdings (HKSE:01070) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TCL Electronics Holdings Ltd (HKSE:01070) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

TCLHF:USA TC2A:Germany

Address

22 Science Park East Avenue, 5th Floor, Building 22E, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

http://electronics.tcl.com

TCL Electronics Holdings Ltd designs, manufactures, and sells televisions globally. Listed on the HKSE, TCL is headquartered in Shenzhen. By brand it is the third-largest supplier of televisions globally, but is second-largest in total television volume including televisions produced under original design and manufacture contracts for other brands. In 2020 TCL sold its wholesale TV business and purchased the TCL Communications business which focuses on smartphones and tablets. The five reportable operating segments are Smart screen segment, Internet business segment, Smart mobile, connective devices and services segment, All-category marketing segment and Smart commercial display, smart home, photovoltaic and other businesses segment.

TCL Electronics Holdings (HKSE:01070) Headlines

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