Bowen Fintech (LSE:BWN) Price-to-Tangible-Book : 4.00 (As of Jun. 03, 2024)

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What is Bowen Fintech Price-to-Tangible-Book?

As of today (2024-06-03), Bowen Fintech's share price is £0.12. Bowen Fintech's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was £0.03. Hence, Bowen Fintech's Price to Tangible Book Ratio of today is 4.00.

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

LSE:BWN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.52 Med: 3.33 Max: 4
Current: 4

During the past 2 years, Bowen Fintech's highest Price to Tangible Book Ratio was 4.00. The lowest was 1.52. And the median was 3.33.

LSE:BWN's Price-to-Tangible-Book is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.84 vs LSE:BWN: 4.00

A closely related ratio is called PB Ratio. As of today, Bowen Fintech's share price is £0.12. Bowen Fintech's Book Value per Sharefor the quarter that ended in Oct. 2023 was £0.03. Hence, Bowen Fintech's P/B Ratio of today is 4.00.

Bowen Fintech Price-to-Tangible-Book Historical Data

The historical data trend for Bowen Fintech'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.

Bowen Fintech Price-to-Tangible-Book Chart

Bowen Fintech Annual Data

Trend

Apr22

Apr23

Price-to-Tangible-Book

3.33

Bowen Fintech Semi-Annual Data
	Apr22	Oct22	Apr23	Oct23
Price-to-Tangible-Book	-	1.52	3.33	4.00

Competitive Comparison of Bowen Fintech's Price-to-Tangible-Book

For the Shell Companies subindustry, Bowen Fintech'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.

Bowen Fintech's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bowen Fintech's Price-to-Tangible-Book distribution charts can be found below:

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

Bowen Fintech Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	0.12	/	0.03
	=	4.00

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.

Bowen Fintech Price-to-Tangible-Book Related Terms

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

Bowen Fintech (LSE:BWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bowen Fintech PLC (LSE:BWN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/o Ince Gordon Dadds LLP, 2 Leman Street, Aldgate Tower, London, GBR, E1 8QN

Website

https://www.ukbowen.com

Bowen Fintech PLC objective is to undertake an acquisition of a target company or asset in the technology innovations sector with a particular focus on the financial services industry.