Apex Ace Holding (HKSE:06036) Price-to-Tangible-Book : 1.69 (As of May. 22, 2024)

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What is Apex Ace Holding Price-to-Tangible-Book?

As of today (2024-05-22), Apex Ace Holding's share price is HK$0.445. Apex Ace Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.26. Hence, Apex Ace Holding's Price to Tangible Book Ratio of today is 1.69.

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

HKSE:06036' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.68 Med: 1.07 Max: 1.77
Current: 1.71

During the past 10 years, Apex Ace Holding's highest Price to Tangible Book Ratio was 1.77. The lowest was 0.68. And the median was 1.07.

HKSE:06036's Price-to-Tangible-Book is ranked better than
60.22% of 2300 companies
in the Hardware industry
Industry Median: 2.06 vs HKSE:06036: 1.71

A closely related ratio is called PB Ratio. As of today, Apex Ace Holding's share price is HK$0.445. Apex Ace Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.27. Hence, Apex Ace Holding's P/B Ratio of today is 1.65.

Apex Ace Holding Price-to-Tangible-Book Historical Data

The historical data trend for Apex Ace 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.

Apex Ace Holding Price-to-Tangible-Book Chart

Apex Ace Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.68

1.06

1.55

1.61

Apex Ace Holding Semi-Annual Data
	Dec14	Dec15	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												1.06	1.39	1.55	1.67	1.61

Competitive Comparison of Apex Ace Holding's Price-to-Tangible-Book

For the Electronics & Computer Distribution subindustry, Apex Ace 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.

Apex Ace Holding's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apex Ace Holding's Price-to-Tangible-Book distribution charts can be found below:

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

Apex Ace Holding Price-to-Tangible-Book Calculation

Apex Ace Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.445	/	0.264
	=	1.69

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.

Apex Ace Holding Price-to-Tangible-Book Related Terms

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

Apex Ace Holding (HKSE:06036) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apex Ace Holding Ltd (HKSE:06036) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

6011 Shennan Avenue, 26K, NEO Tower A, Futian District, Shenzhen, CHN

Website

https://www.apexace.com

Apex Ace Holding Ltd is a distributor of semiconductors and other electronic components and is engaged in the supply of digital storage products and general electronic components along with the provision of complementary technical support. It focuses on identifying, sourcing, selling and distributing electronic components produced by upstream manufacturers to downstream manufacturers in the PRC and Hong Kong. Its Digital Storage products include DRAM, FLASH and MCP memory products, which are applied to multimedia and mobile devices such as set-top boxes, smart TVs, wearable devices, mobile phones. Its General components include switches, connectors, passive components, main chips, sensors, power semiconductors and analog-to-digital converters.

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