China Gingko Education Group Co (HKSE:01851) Price-to-Tangible-Book : 0.52 (As of Jun. 20, 2024)

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What is China Gingko Education Group Co Price-to-Tangible-Book?

As of today (2024-06-20), China Gingko Education Group Co's share price is HK$0.82. China Gingko Education Group Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.57. Hence, China Gingko Education Group Co's Price to Tangible Book Ratio of today is 0.52.

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

HKSE:01851' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52 Med: 1 Max: 2.01
Current: 0.52

During the past 9 years, China Gingko Education Group Co's highest Price to Tangible Book Ratio was 2.01. The lowest was 0.52. And the median was 1.00.

HKSE:01851's Price-to-Tangible-Book is ranked better than
85.78% of 218 companies
in the Education industry
Industry Median: 1.885 vs HKSE:01851: 0.52

A closely related ratio is called PB Ratio. As of today, China Gingko Education Group Co's share price is HK$0.82. China Gingko Education Group Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.72. Hence, China Gingko Education Group Co's P/B Ratio of today is 0.48.

China Gingko Education Group Co Price-to-Tangible-Book Historical Data

The historical data trend for China Gingko Education Group 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.

China Gingko Education Group Co Price-to-Tangible-Book Chart

China Gingko Education Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.01

1.54

1.00

0.59

0.65

China Gingko Education Group Co Semi-Annual Data
	Dec15	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											1.00	0.88	0.59	0.70	0.65

Competitive Comparison of China Gingko Education Group Co's Price-to-Tangible-Book

For the Education & Training Services subindustry, China Gingko Education Group 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.

China Gingko Education Group Co's Price-to-Tangible-Book Distribution in the Education Industry

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

* The bar in red indicates where China Gingko Education Group Co's Price-to-Tangible-Book falls into.

China Gingko Education Group Co Price-to-Tangible-Book Calculation

China Gingko Education Group 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 )
	=	0.82	/	1.572
	=	0.52

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.

China Gingko Education Group Co Price-to-Tangible-Book Related Terms

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China Gingko Education Group Co (HKSE:01851) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Gingko Education Group Co Ltd (HKSE:01851) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Jinli Zhonglu, Qingyang District, Sichuan Province, Chengdu, CHN

Website

https://www.chinagingkoedu.com

China Gingko Education Group Co Ltd is an investment holding company. The company and its subsidiaries are higher education and vocational training service provider in Sichuan Province. It offers undergraduate majors and college diplomas. The group derives its revenue majorly from tuition fees and boarding fees. The operating segments of the group are Higher education and Hotel operation.

Executives

Greentree Hospitality Group Ltd.	2101 Beneficial owner
Greentree Inns Hotel Management Group, Inc.	2201 Interest of corporation controlled by you
Xu Alex Shuguang	2201 Interest of corporation controlled by you
Vast Universe Company Limited	2101 Beneficial owner
Xiong Lan	2202 Interest of your spouse
Fang Gongyu	2201 Interest of corporation controlled by you

China Gingko Education Group Co (HKSE:01851) Headlines

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