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Far East Horizon (HKSE:03360) Price-to-Tangible-Book : 0.45 (As of Apr. 30, 2024)


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What is Far East Horizon Price-to-Tangible-Book?

As of today (2024-04-30), Far East Horizon's share price is HK$5.82. Far East Horizon's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$13.02. Hence, Far East Horizon's Price to Tangible Book Ratio of today is 0.45.

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

HKSE:03360' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44   Med: 0.67   Max: 1.2
Current: 0.45

During the past 13 years, Far East Horizon's highest Price to Tangible Book Ratio was 1.20. The lowest was 0.44. And the median was 0.67.

HKSE:03360's Price-to-Tangible-Book is ranked better than
84.07% of 496 companies
in the Credit Services industry
Industry Median: 1.08 vs HKSE:03360: 0.45

A closely related ratio is called PB Ratio. As of today, Far East Horizon's share price is HK$5.82. Far East Horizon's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$13.10. Hence, Far East Horizon's P/B Ratio of today is 0.44.


Far East Horizon Price-to-Tangible-Book Historical Data

The historical data trend for Far East Horizon'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.

Far East Horizon Price-to-Tangible-Book Chart

Far East Horizon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.64 0.49 0.48 0.47

Far East Horizon Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.53 0.48 0.48 0.47

Competitive Comparison of Far East Horizon's Price-to-Tangible-Book

For the Credit Services subindustry, Far East Horizon'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.


Far East Horizon's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Far East Horizon's Price-to-Tangible-Book distribution charts can be found below:

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



Far East Horizon Price-to-Tangible-Book Calculation

Far East Horizon's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.82/13.024
=0.45

* 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.


Far East Horizon Price-to-Tangible-Book Related Terms

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


Far East Horizon (HKSE:03360) Business Description

Traded in Other Exchanges
Address
1 Austin Road West, Unit 6608, 66th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG
Far East Horizon Ltd is a specialty finance provider. Its services entail integrated finance, investment, trade, advisory and engineering services in healthcare, infrastructure construction, electronic information, packaging, transportation and other sectors. The company operates in two segments. The Financial, lease, and advisory business is the highest revenue-generating segment for the company that deals with the provision of direct finance leasing, sale-leaseback, factoring, entrusted loans, and advisory services. The industrial operation and management business segment deals with the import and export trade and domestic trade of medical equipment, the provision of trade agency services, medical engineering, hospital and healthcare management, and ship brokerage services.

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