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SOTGY (Sunny Optical Technology (Group) Co) Price-to-Tangible-Book : 2.87 (As of Dec. 11, 2024)


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What is Sunny Optical Technology (Group) Co Price-to-Tangible-Book?

As of today (2024-12-11), Sunny Optical Technology (Group) Co's share price is $83.67. Sunny Optical Technology (Group) Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $29.16. Hence, Sunny Optical Technology (Group) Co's Price to Tangible Book Ratio of today is 2.87.

The historical rank and industry rank for Sunny Optical Technology (Group) Co's Price-to-Tangible-Book or its related term are showing as below:

SOTGY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.12   Med: 7.39   Max: 17.85
Current: 2.73

During the past 13 years, Sunny Optical Technology (Group) Co's highest Price to Tangible Book Ratio was 17.85. The lowest was 2.12. And the median was 7.39.

SOTGY's Price-to-Tangible-Book is ranked worse than
61.51% of 2284 companies
in the Hardware industry
Industry Median: 2.19 vs SOTGY: 2.73

A closely related ratio is called PB Ratio. As of today, Sunny Optical Technology (Group) Co's share price is $83.67. Sunny Optical Technology (Group) Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was $29.37. Hence, Sunny Optical Technology (Group) Co's P/B Ratio of today is 2.85.


Sunny Optical Technology (Group) Co Price-to-Tangible-Book Historical Data

The historical data trend for Sunny Optical Technology (Group) 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.

Sunny Optical Technology (Group) Co Price-to-Tangible-Book Chart

Sunny Optical Technology (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.00 9.58 10.90 4.22 3.18

Sunny Optical Technology (Group) Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 5.89 4.22 3.65 3.18 2.10

Competitive Comparison of Sunny Optical Technology (Group) Co's Price-to-Tangible-Book

For the Electronic Components subindustry, Sunny Optical Technology (Group) 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.


Sunny Optical Technology (Group) Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sunny Optical Technology (Group) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sunny Optical Technology (Group) Co's Price-to-Tangible-Book falls into.



Sunny Optical Technology (Group) Co Price-to-Tangible-Book Calculation

Sunny Optical Technology (Group) Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=83.67/29.157
=2.87

* 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.


Sunny Optical Technology (Group) Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Sunny Optical Technology (Group) Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunny Optical Technology (Group) Co Business Description

Traded in Other Exchanges
Address
No. 66-68, Fengle Road, Zhejiang Province, Yuyao, CHN, 315400
Headquartered in Yuyao, China, Sunny Optical is one of China's biggest handset camera modules maker and the world's largest handset lens sets manufacturer. Higher-margin lens sets are used on smartphones, vehicles, and augmented/virtual reality. Sunny Optical is a key beneficiary of the secular growth of extended-reality devices and vehicle camera demand, as advanced driver-assistance systems witness rising adoption among automakers. The firm also manufactures optical instruments, such as high-end microscopes and optical measuring instruments. The company employed over 29,524 people as of December 2023.

Sunny Optical Technology (Group) Co Headlines