China Come Ride New Energy Group (HKSE:08039) Price-to-Tangible-Book : 54.29 (As of Jun. 15, 2024)

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What is China Come Ride New Energy Group Price-to-Tangible-Book?

As of today (2024-06-15), China Come Ride New Energy Group's share price is HK$0.38. China Come Ride New Energy Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.01. Hence, China Come Ride New Energy Group's Price to Tangible Book Ratio of today is 54.29.

The historical rank and industry rank for China Come Ride New Energy Group's Price-to-Tangible-Book or its related term are showing as below:

HKSE:08039' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 11.86 Med: 64.55 Max: 117.65
Current: 38

During the past 10 years, China Come Ride New Energy Group's highest Price to Tangible Book Ratio was 117.65. The lowest was 11.86. And the median was 64.55.

HKSE:08039's Price-to-Tangible-Book is ranked worse than
98.61% of 1512 companies
in the Construction industry
Industry Median: 1.32 vs HKSE:08039: 38.00

A closely related ratio is called PB Ratio. As of today, China Come Ride New Energy Group's share price is HK$0.38. China Come Ride New Energy Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.01. Hence, China Come Ride New Energy Group's P/B Ratio of today is 54.29.

China Come Ride New Energy Group Price-to-Tangible-Book Historical Data

The historical data trend for China Come Ride New Energy Group'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.

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China Come Ride New Energy Group Price-to-Tangible-Book Chart

China Come Ride New Energy Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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79.63

75.00

117.65

87.50

China Come Ride New Energy Group Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	64.55	-	87.50	88.57

Competitive Comparison of China Come Ride New Energy Group's Price-to-Tangible-Book

For the Engineering & Construction subindustry, China Come Ride New Energy Group'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.

China Come Ride New Energy Group's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Come Ride New Energy Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Come Ride New Energy Group's Price-to-Tangible-Book falls into.

China Come Ride New Energy Group Price-to-Tangible-Book Calculation

China Come Ride New Energy Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.38	/	0.007
	=	54.29

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.

China Come Ride New Energy Group Price-to-Tangible-Book Related Terms

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

China Come Ride New Energy Group (HKSE:08039) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Come Ride New Energy Group Ltd (HKSE:08039) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Shing Yip Street, Unit E, 33rd Floor, Legend Tower, Kwun Tong, Hong Kong, HKG

Website

http://www.8039.com.hk

China Come Ride New Energy Group Ltd is principally engaged in the provision of comprehensive architectural and structural engineering consultancy services. Its service portfolio comprises licensing consultancy, alteration and addition works and minor works consultancy, inspection and certification, and other architecture-related consultancies.

Executives

New Energy Business Cluster Company Limited	2101 Beneficial owner
Zhou Renchao	2201 Interest of corporation controlled by you
Ke Yuexian	2101 Beneficial owner

China Come Ride New Energy Group (HKSE:08039) Headlines

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