GURUFOCUS.COM » STOCK LIST » Technology » Software » Changjiu Holdings Ltd (HKSE:06959) » Definitions » Price-to-Tangible-Book

Changjiu Holdings (HKSE:06959) Price-to-Tangible-Book : 87.07 (As of May. 28, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Changjiu Holdings Price-to-Tangible-Book?

As of today (2024-05-28), Changjiu Holdings's share price is HK$62.95. Changjiu Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.72. Hence, Changjiu Holdings's Price to Tangible Book Ratio of today is 87.07.

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

HKSE:06959' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 90.97
Current: 87.43

During the past 4 years, Changjiu Holdings's highest Price to Tangible Book Ratio was 90.97. The lowest was 0.00. And the median was 0.00.

HKSE:06959's Price-to-Tangible-Book is ranked worse than
98.52% of 2088 companies
in the Software industry
Industry Median: 3.54 vs HKSE:06959: 87.43

A closely related ratio is called PB Ratio. As of today, Changjiu Holdings's share price is HK$62.95. Changjiu Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.77. Hence, Changjiu Holdings's P/B Ratio of today is 81.97.

Changjiu Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Changjiu Holdings'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.

Changjiu Holdings Price-to-Tangible-Book Chart

Changjiu Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - -

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

Competitive Comparison of Changjiu Holdings's Price-to-Tangible-Book

For the Software - Application subindustry, Changjiu Holdings'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.

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

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

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


Changjiu Holdings Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=62.95/0.723
=87.07

* 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:

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.

Changjiu Holdings Price-to-Tangible-Book Related Terms

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

Changjiu Holdings (HKSE:06959) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Changjiu Holdings Ltd (HKSE:06959) » Definitions » Price-to-Tangible-Book
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 99 Shigezhuang Road, Changjiu Building, Chaoyang, Beijing, CHN
Website
Changjiu Holdings Ltd provides pledged vehicle monitoring services and automobile dealership operation management services in China. It offers pledged vehicle monitoring services primarily to (i) financial institutions that provide secured financing to automobile dealerships for their purchase of vehicles; and (ii) automobile dealerships with pledged vehicles.
Executives
Bo Shijiu
Li Guiping
Advancd Limited
Advancey Limited
Brighht Limited
Brightio Limited

Changjiu Holdings (HKSE:06959) Headlines

No Headlines