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Beijing Abt Networks Co (SHSE:688168) Price-to-Tangible-Book : 1.86 (As of Jun. 19, 2024)


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What is Beijing Abt Networks Co Price-to-Tangible-Book?

As of today (2024-06-19), Beijing Abt Networks Co's share price is ¥28.80. Beijing Abt Networks Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥15.49. Hence, Beijing Abt Networks Co's Price to Tangible Book Ratio of today is 1.86.

The historical rank and industry rank for Beijing Abt Networks Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:688168' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.86   Med: 2.52   Max: 6.83
Current: 1.86

During the past 7 years, Beijing Abt Networks Co's highest Price to Tangible Book Ratio was 6.83. The lowest was 1.86. And the median was 2.52.

SHSE:688168's Price-to-Tangible-Book is ranked better than
75.07% of 2082 companies
in the Software industry
Industry Median: 3.49 vs SHSE:688168: 1.86

A closely related ratio is called PB Ratio. As of today, Beijing Abt Networks Co's share price is ¥28.80. Beijing Abt Networks Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥15.64. Hence, Beijing Abt Networks Co's P/B Ratio of today is 1.84.


Beijing Abt Networks Co Price-to-Tangible-Book Historical Data

The historical data trend for Beijing Abt Networks Co'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.

Beijing Abt Networks Co Price-to-Tangible-Book Chart

Beijing Abt Networks Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial - 5.31 3.03 2.95 2.04

Beijing Abt Networks Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.97 2.43 2.16 2.27 1.87

Competitive Comparison of Beijing Abt Networks Co's Price-to-Tangible-Book

For the Software - Application subindustry, Beijing Abt Networks Co'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.


Beijing Abt Networks Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Abt Networks Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Beijing Abt Networks Co's Price-to-Tangible-Book falls into.



Beijing Abt Networks Co Price-to-Tangible-Book Calculation

Beijing Abt Networks Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=28.80/15.492
=1.86

* 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.


Beijing Abt Networks Co Price-to-Tangible-Book Related Terms

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Beijing Abt Networks Co (SHSE:688168) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Dongbinhe Road, Room C0310, Building 6, Deshengmen, Xicheng District, Beijing, CHN, 100053
Beijing Abt Networks Co Ltd is engaged in the research, development, sales and related technical services for network security core software products.
Executives
Li Yuan Director
Su Zhang Jun Directors, senior managers

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