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Hytera Communications (SZSE:002583) Price-to-Tangible-Book : 1.82 (As of May. 27, 2024)


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What is Hytera Communications Price-to-Tangible-Book?

As of today (2024-05-27), Hytera Communications's share price is ¥4.13. Hytera Communications's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.27. Hence, Hytera Communications's Price to Tangible Book Ratio of today is 1.82.

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

SZSE:002583' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.78   Med: 6.18   Max: 37.11
Current: 1.82

During the past 13 years, Hytera Communications's highest Price to Tangible Book Ratio was 37.11. The lowest was 1.78. And the median was 6.18.

SZSE:002583's Price-to-Tangible-Book is ranked better than
56.88% of 2298 companies
in the Hardware industry
Industry Median: 2.06 vs SZSE:002583: 1.82

A closely related ratio is called PB Ratio. As of today, Hytera Communications's share price is ¥4.13. Hytera Communications's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.28. Hence, Hytera Communications's P/B Ratio of today is 1.26.


Hytera Communications Price-to-Tangible-Book Historical Data

The historical data trend for Hytera Communications'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.

Hytera Communications Price-to-Tangible-Book Chart

Hytera Communications 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 9.63 3.29 3.33 2.22 2.72

Hytera Communications 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 2.96 2.42 2.52 2.72 2.14

Competitive Comparison of Hytera Communications's Price-to-Tangible-Book

For the Communication Equipment subindustry, Hytera Communications'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.


Hytera Communications's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hytera Communications's Price-to-Tangible-Book distribution charts can be found below:

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



Hytera Communications Price-to-Tangible-Book Calculation

Hytera Communications's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=4.13/2.268
=1.82

* 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.


Hytera Communications Price-to-Tangible-Book Related Terms

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


Hytera Communications (SZSE:002583) Business Description

Traded in Other Exchanges
N/A
Address
North Ring Road, No. 9108 Hytera Building, Shenzhen Hi-Tech Industrial Park North, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Hytera Communications Corp Ltd designs & manufactures professional wireless communications equipment, offering customized communication solutions to government, utility, enterprises & businesses to help achieve higher organizational efficiency.
Executives
Jiang Ye Lin Directors, executives
Zhu De You Supervisors
Peng Jian Feng Director
Chen Qing Zhou Director
Wu Mei Directors, executives
Tian Zhi Yong Securities Affairs Representative
Deng Feng Supervisors
Zhang Ju Directors, Directors, and Executives
Li Shao Qian Independent director
Zhang Yu Cheng Supervisors
Tan Xue Zhi Director
Ceng Hua Directors, executives
Wang Zhuo Supervisors
Fu Dong Hui Supervisors
Zhang Yong Securities Affairs Representative

Hytera Communications (SZSE:002583) Headlines

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