Howkingtech International Holding (HKSE:02440) Price-to-Tangible-Book : 0.90 (As of Jun. 08, 2024)

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What is Howkingtech International Holding Price-to-Tangible-Book?

As of today (2024-06-08), Howkingtech International Holding's share price is HK$1.07. Howkingtech International Holding's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was HK$1.19. Hence, Howkingtech International Holding's Price to Tangible Book Ratio of today is 0.90.

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

HKSE:02440' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.74 Med: 1.4 Max: 1.7
Current: 0.82

During the past 5 years, Howkingtech International Holding's highest Price to Tangible Book Ratio was 1.70. The lowest was 0.74. And the median was 1.40.

HKSE:02440's Price-to-Tangible-Book is ranked better than
83.87% of 279 companies
in the Telecommunication Services industry
Industry Median: 2.45 vs HKSE:02440: 0.82

A closely related ratio is called PB Ratio. As of today, Howkingtech International Holding's share price is HK$1.07. Howkingtech International Holding's Book Value per Sharefor the quarter that ended in Jun. 2023 was HK$1.19. Hence, Howkingtech International Holding's P/B Ratio of today is 0.90.

Howkingtech International Holding Price-to-Tangible-Book Historical Data

The historical data trend for Howkingtech International Holding'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.

Howkingtech International Holding Price-to-Tangible-Book Chart

Howkingtech International Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.10

1.17

Howkingtech International Holding Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	1.10	1.70	1.17

Competitive Comparison of Howkingtech International Holding's Price-to-Tangible-Book

For the Telecom Services subindustry, Howkingtech International Holding'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.

Howkingtech International Holding's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Howkingtech International Holding's Price-to-Tangible-Book distribution charts can be found below:

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

Howkingtech International Holding Price-to-Tangible-Book Calculation

Howkingtech International Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	1.07	/	1.185
	=	0.90

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.

Howkingtech International Holding Price-to-Tangible-Book Related Terms

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

Howkingtech International Holding (HKSE:02440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Howkingtech International Holding Ltd (HKSE:02440) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, East Mozhou Road, Jiangning Economic and Technological Development Zone, Building B4, Nanjing, CHN

Website

http://www.howkingtech.com

Howkingtech International Holding Ltd is a provider for data transmission and processing services for IoT applications and telecommunication equipment in China, serving a broad range of industrial customers. It mainly provides customized data transmission and processing services to customers in manufacturing, municipal services and other industries in China, and research, develop and sell telecommunication equipment.

Executives

Wang Zheshi	2101 Beneficial owner
Chen Ping	2202 Interest of your spouse
Howkingtech Holding Limited	2101 Beneficial owner
Jin Yan	2201 Interest of corporation controlled by you
Ban Lifeng	2201 Interest of corporation controlled by you
Xie Xiongqing	2201 Interest of corporation controlled by you
Ye Xiang	2201 Interest of corporation controlled by you
Ding Di	2201 Interest of corporation controlled by you
Wu Chak Man	2101 Beneficial owner
Ning Bo Hui Xin Zhi Yuan Tou Zi Guan Li He Huo Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you
Ning Bo Xin Hui Qian Hai Gu Quan Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Jin Yuan Zhang Fu Qi Ye Guan Li He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Shen Zhen Hui Xin Qian Hai Gu Quan Tou Zi Qi Ye You Xian He Huo	2201 Interest of corporation controlled by you

Howkingtech International Holding (HKSE:02440) Headlines

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