Edianyun (HKSE:02416) Price-to-Tangible-Book : 0.89 (As of Jun. 24, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Edianyun Price-to-Tangible-Book?

As of today (2024-06-24), Edianyun's share price is HK$2.09. Edianyun's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.34. Hence, Edianyun's Price to Tangible Book Ratio of today is 0.89.

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

HKSE:02416' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89 Med: 2.01 Max: 2.01
Current: 0.89

During the past 4 years, Edianyun's highest Price to Tangible Book Ratio was 2.01. The lowest was 0.89. And the median was 2.01.

HKSE:02416's Price-to-Tangible-Book is ranked better than
92.82% of 2088 companies
in the Software industry
Industry Median: 3.47 vs HKSE:02416: 0.89

A closely related ratio is called PB Ratio. As of today, Edianyun's share price is HK$2.09. Edianyun's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.34. Hence, Edianyun's P/B Ratio of today is 0.89.

Edianyun Price-to-Tangible-Book Historical Data

The historical data trend for Edianyun'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.

Edianyun Price-to-Tangible-Book Chart

Edianyun Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.01

Edianyun Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	4.79	2.01

Competitive Comparison of Edianyun's Price-to-Tangible-Book

For the Information Technology Services subindustry, Edianyun'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.

Edianyun's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Edianyun's Price-to-Tangible-Book distribution charts can be found below:

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

Edianyun Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.09	/	2.339
	=	0.89

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.

Edianyun Price-to-Tangible-Book Related Terms

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

Edianyun (HKSE:02416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edianyun Ltd (HKSE:02416) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.41 Xixiaokou Road, Yidianyun Building, Haidian District, Beijing, CHN

Website

https://www.edianyun.com

Edianyun Ltd is an investment holding company and the Group is principally engaged in providing office Internet Technology (IT) integrated solutions to small- and medium-sized enterprises in the PRC. It mainly competes in the office IT integrated solution to market, a fast-growing segment whose penetration rate in the enterprise office IT service market increased from 0.3% in 2017 to 3.3% in 2021, The company mainly generated revenue from pay-as-you-go office IT integrated solutions, sales of devices, and SaaS and other services.

Executives

Talented Ventures Iii Limited	2101 Beneficial owner
Silver Unicorn Ventures Limited	2201 Interest of corporation controlled by you
Shunwei China Internet Fund Iii, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp, L.p.	2201 Interest of corporation controlled by you
Shunwei Capital Partners Iii Gp Limited	2201 Interest of corporation controlled by you
Koh Tuck Lye	2201 Interest of corporation controlled by you
Tian Wen Kai	2201 Interest of corporation controlled by you
Bei Jing Kao La Kun Lve Hu Lian Wang Chan Ye Tou Zi Ji Jin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing Kao La Kun Lun Tou Zi Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Kun Lun Nan Shan Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Tian Jin Tong Run Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Tian Jin Hua Qing Yu Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Kuai Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Tian Jin Hua Qing Hong Yi Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2103 Interests held jointly with another person
Zhang Bin	2103 Interests held jointly with another person

Edianyun (HKSE:02416) Headlines

No Headlines