Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Price-to-Tangible-Book : 0.35 (As of Jun. 16, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Yangzhou Guangling District Taihe Rural Micro-finance Co Price-to-Tangible-Book?

As of today (2024-06-16), Yangzhou Guangling District Taihe Rural Micro-finance Co's share price is HK$0.56. Yangzhou Guangling District Taihe Rural Micro-finance Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.59. Hence, Yangzhou Guangling District Taihe Rural Micro-finance Co's Price to Tangible Book Ratio of today is 0.35.

The historical rank and industry rank for Yangzhou Guangling District Taihe Rural Micro-finance Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01915' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34 Med: 1.31 Max: 1.9
Current: 0.35

During the past 10 years, Yangzhou Guangling District Taihe Rural Micro-finance Co's highest Price to Tangible Book Ratio was 1.90. The lowest was 0.34. And the median was 1.31.

HKSE:01915's Price-to-Tangible-Book is ranked better than
89.47% of 494 companies
in the Credit Services industry
Industry Median: 1.04 vs HKSE:01915: 0.35

A closely related ratio is called PB Ratio. As of today, Yangzhou Guangling District Taihe Rural Micro-finance Co's share price is HK$0.56. Yangzhou Guangling District Taihe Rural Micro-finance Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.59. Hence, Yangzhou Guangling District Taihe Rural Micro-finance Co's P/B Ratio of today is 0.35.

Yangzhou Guangling District Taihe Rural Micro-finance Co Price-to-Tangible-Book Historical Data

The historical data trend for Yangzhou Guangling District Taihe Rural Micro-finance 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.

Yangzhou Guangling District Taihe Rural Micro-finance Co Price-to-Tangible-Book Chart

Yangzhou Guangling District Taihe Rural Micro-finance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.90

0.61

1.07

1.31

0.34

Yangzhou Guangling District Taihe Rural Micro-finance Co Semi-Annual Data
	Dec14	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													1.07	0.96	1.31	0.37	0.34

Competitive Comparison of Yangzhou Guangling District Taihe Rural Micro-finance Co's Price-to-Tangible-Book

For the Credit Services subindustry, Yangzhou Guangling District Taihe Rural Micro-finance 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.

Yangzhou Guangling District Taihe Rural Micro-finance Co's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Yangzhou Guangling District Taihe Rural Micro-finance Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Yangzhou Guangling District Taihe Rural Micro-finance Co's Price-to-Tangible-Book falls into.

Yangzhou Guangling District Taihe Rural Micro-finance Co Price-to-Tangible-Book Calculation

Yangzhou Guangling District Taihe Rural Micro-finance 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 )
	=	0.56	/	1.586
	=	0.35

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.

Yangzhou Guangling District Taihe Rural Micro-finance Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Yangzhou Guangling District Taihe Rural Micro-finance Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd (HKSE:01915) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Beizhou Road, No. 1 Hong Qi Avenue, Lidian Town, Guangling District, Jiangsu Province, Yangzhou, CHN

Website

http://www.gltaihe.com

Yangzhou Guangling District Taihe Rural Micro-finance Co Ltd is engaged in microfinance business. The company offers micro and small loans in two formats, term loans, and loans under the credit facility to its customers. Its services are the granting of loans to Agriculture, Rural Areas and Farmers, provision of financial guarantees, acting as a financial institution agent, and other financial businesses. The Group's revenue is generated from the provision of loans to small and medium-sized and micro enterprises located at Yangzhou, Jiangsu Province in the PRC.

Yangzhou Guangling District Taihe Rural Micro-finance Co (HKSE:01915) Headlines

No Headlines