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Carote (HKSE:02549) Price-to-Tangible-Book : 2.31 (As of May. 29, 2025)


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What is Carote Price-to-Tangible-Book?

As of today (2025-05-29), Carote's share price is HK$5.57. Carote's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was HK$2.42. Hence, Carote's Price to Tangible Book Ratio of today is 2.31.

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

HKSE:02549' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.07   Med: 2.07   Max: 2.3
Current: 2.3

During the past 4 years, Carote's highest Price to Tangible Book Ratio was 2.30. The lowest was 2.07. And the median was 2.07.

HKSE:02549's Price-to-Tangible-Book is ranked worse than
63.3% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.68 vs HKSE:02549: 2.30

A closely related ratio is called PB Ratio. As of today, Carote's share price is HK$5.57. Carote's Book Value per Sharefor the quarter that ended in Dec. 2024 was HK$2.42. Hence, Carote's P/B Ratio of today is 2.31.


Carote Price-to-Tangible-Book Historical Data

The historical data trend for Carote'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.

Carote Price-to-Tangible-Book Chart

Carote Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
- - - 2.07

Carote Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book - - - 2.07

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

For the Furnishings, Fixtures & Appliances subindustry, Carote'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.


Carote's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Carote's Price-to-Tangible-Book distribution charts can be found below:

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


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Carote Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=5.57/2.416
=2.31

* 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.

It can also be calculated from the numbers for the whole company:

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.


Carote Price-to-Tangible-Book Related Terms

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


Carote Business Description

Traded in Other Exchanges
N/A
Address
Shanshui Shidai Building, 21st Floor, Tower 2, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Carote Ltd is a brand for kitchenware products. Its products are built to emphasize Better for Use and Better for Value, aiming to provide its customers with practical, well-designed, and reasonably priced items that promote a modern cooking lifestyle. The company offers a wide range of kitchenware products to consumers. From essential pots and pans to well-designed tableware and beverage containers, its offerings aim to meet the varied needs of different kitchen scenarios and enhance the culinary experience of its customers.
Executives
Guodong Capital Ltd 2201 Interest of corporation controlled by you
Zhang Guodong 2201 Interest of corporation controlled by you
Lyu Yili 2201 Interest of corporation controlled by you
Yili Capital Ltd 2201 Interest of corporation controlled by you
Yili Investment Holdings Ltd 2101 Beneficial owner

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