Leader Education (HKSE:01449) Price-to-Tangible-Book : 0.22 (As of Jun. 06, 2024)

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What is Leader Education Price-to-Tangible-Book?

As of today (2024-06-06), Leader Education's share price is HK$0.325. Leader Education's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was HK$1.47. Hence, Leader Education's Price to Tangible Book Ratio of today is 0.22.

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

HKSE:01449' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19 Med: 0.32 Max: 0.99
Current: 0.22

During the past 7 years, Leader Education's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.19. And the median was 0.32.

HKSE:01449's Price-to-Tangible-Book is ranked better than
98.17% of 218 companies
in the Education industry
Industry Median: 1.965 vs HKSE:01449: 0.22

A closely related ratio is called PB Ratio. As of today, Leader Education's share price is HK$0.325. Leader Education's Book Value per Sharefor the quarter that ended in Aug. 2023 was HK$1.47. Hence, Leader Education's P/B Ratio of today is 0.22.

Leader Education Price-to-Tangible-Book Historical Data

The historical data trend for Leader Education'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.

Leader Education Price-to-Tangible-Book Chart

Leader Education Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.99

0.33

0.19

0.30

Leader Education Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.24	0.19	0.22	0.30	-

Competitive Comparison of Leader Education's Price-to-Tangible-Book

For the Education & Training Services subindustry, Leader Education'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.

Leader Education's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Leader Education's Price-to-Tangible-Book distribution charts can be found below:

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

Leader Education Price-to-Tangible-Book Calculation

Leader Education's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	0.325	/	1.467
	=	0.22

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.

Leader Education Price-to-Tangible-Book Related Terms

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

Leader Education (HKSE:01449) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Leader Education Ltd (HKSE:01449) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025

Website

https://www.hibu.edu.cn

Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Shuren Education Limited	2101 Beneficial owner
Dong Ling	2201 Interest of corporation controlled by you
Liu Laixiang	2202 Interest of your spouse
Junhua Education Limited	2101 Beneficial owner

Leader Education (HKSE:01449) Headlines

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