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Grandjoy Holdings Group Co (SZSE:000031) Price-to-Tangible-Book : 0.93 (As of May. 09, 2024)


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What is Grandjoy Holdings Group Co Price-to-Tangible-Book?

As of today (2024-05-09), Grandjoy Holdings Group Co's share price is ¥2.59. Grandjoy Holdings Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.79. Hence, Grandjoy Holdings Group Co's Price to Tangible Book Ratio of today is 0.93.

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

SZSE:000031' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62   Med: 1.49   Max: 6.23
Current: 0.93

During the past 13 years, Grandjoy Holdings Group Co's highest Price to Tangible Book Ratio was 6.23. The lowest was 0.62. And the median was 1.49.

SZSE:000031's Price-to-Tangible-Book is ranked worse than
55.7% of 1718 companies
in the Real Estate industry
Industry Median: 0.825 vs SZSE:000031: 0.93

A closely related ratio is called PB Ratio. As of today, Grandjoy Holdings Group Co's share price is ¥2.59. Grandjoy Holdings Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.20. Hence, Grandjoy Holdings Group Co's P/B Ratio of today is 0.81.


Grandjoy Holdings Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Grandjoy Holdings 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.

Grandjoy Holdings Group Co Price-to-Tangible-Book Chart

Grandjoy Holdings 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 1.64 1.16 0.95 1.20 1.06

Grandjoy Holdings Group 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 1.16 1.17 1.22 1.06 0.95

Competitive Comparison of Grandjoy Holdings Group Co's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Grandjoy Holdings 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.


Grandjoy Holdings Group Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Grandjoy Holdings Group Co's Price-to-Tangible-Book distribution charts can be found below:

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



Grandjoy Holdings Group Co Price-to-Tangible-Book Calculation

Grandjoy Holdings Group 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 )
=2.59/2.785
=0.93

* 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.


Grandjoy Holdings Group Co Price-to-Tangible-Book Related Terms

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


Grandjoy Holdings Group Co (SZSE:000031) Business Description

Traded in Other Exchanges
N/A
Address
1 Fuhua 1st Road, 35th Floor, Greater China International Exchange Square, Futian District, Shenzhen, CHN, 518048
Grandjoy Holdings Group Co Ltd is a real estate investment and management platform operates under COFCO brand. The Company is also involved in the leasing and management of properties.

Grandjoy Holdings Group Co (SZSE:000031) Headlines

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