JY Grandmark Holdings (HKSE:02231) Price-to-Tangible-Book : 3.47 (As of Jun. 24, 2024)

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What is JY Grandmark Holdings Price-to-Tangible-Book?

As of today (2024-06-24), JY Grandmark Holdings's share price is HK$0.90. JY Grandmark Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.26. Hence, JY Grandmark Holdings's Price to Tangible Book Ratio of today is 3.47.

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

HKSE:02231' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81 Med: 1.3 Max: 3.98
Current: 3.46

During the past 8 years, JY Grandmark Holdings's highest Price to Tangible Book Ratio was 3.98. The lowest was 0.81. And the median was 1.30.

HKSE:02231's Price-to-Tangible-Book is ranked worse than
88.89% of 1719 companies
in the Real Estate industry
Industry Median: 0.79 vs HKSE:02231: 3.46

A closely related ratio is called PB Ratio. As of today, JY Grandmark Holdings's share price is HK$0.90. JY Grandmark Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.26. Hence, JY Grandmark Holdings's P/B Ratio of today is 3.45.

JY Grandmark Holdings Price-to-Tangible-Book Historical Data

The historical data trend for JY Grandmark 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.

JY Grandmark Holdings Price-to-Tangible-Book Chart

JY Grandmark Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.72

1.30

0.99

0.81

3.98

JY Grandmark Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									0.99	0.84	0.81	1.00	3.98

Competitive Comparison of JY Grandmark Holdings's Price-to-Tangible-Book

For the Real Estate - Development subindustry, JY Grandmark 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.

JY Grandmark Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, JY Grandmark Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

JY Grandmark Holdings Price-to-Tangible-Book Calculation

JY Grandmark 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 )
	=	0.90	/	0.259
	=	3.47

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.

JY Grandmark Holdings Price-to-Tangible-Book Related Terms

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

JY Grandmark Holdings (HKSE:02231) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » JY Grandmark Holdings Ltd (HKSE:02231) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 106, Fengze East Road, JY Grandmark Building, Nansha District, Guangdong Province, Guangzhou, CHN

Website

http://www.jygrandmark.com

JY Grandmark Holdings Ltd is a provider of property developers, operators, and property management services. The company offers residential properties to its customers in Guangdong and Hainan provinces of China. It has landed in Guangdong, Hainan, Yunnan, and Hunan provinces for further development. The Group is organized into four business segments: Property development and sales, Commercial property investment, Hotel operations, and Property management. The Property development and sales segment act as a key revenue driver for the firm.

Executives

Iq Eq (bvi) Limited	2301 Trustee
Sze Ming Limited	2101 Beneficial owner
Chan Sze Ming Michael	2307 Founder of a discretionary trust who can infl
Shum Wing Yin	2202 Interest of your spouse

JY Grandmark Holdings (HKSE:02231) Headlines

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