YGL Convergence Bhd (XKLS:0086) Price-to-Tangible-Book : 3.78 (As of Jun. 19, 2024)

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What is YGL Convergence Bhd Price-to-Tangible-Book?

As of today (2024-06-19), YGL Convergence Bhd's share price is RM0.17. YGL Convergence Bhd's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was RM0.05. Hence, YGL Convergence Bhd's Price to Tangible Book Ratio of today is 3.78.

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

XKLS:0086' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.39 Med: 3.66 Max: 10.31
Current: 3.4

During the past 13 years, YGL Convergence Bhd's highest Price to Tangible Book Ratio was 10.31. The lowest was 2.39. And the median was 3.66.

XKLS:0086's Price-to-Tangible-Book is ranked worse than
73.41% of 2302 companies
in the Hardware industry
Industry Median: 2.095 vs XKLS:0086: 3.40

A closely related ratio is called PB Ratio. As of today, YGL Convergence Bhd's share price is RM0.17. YGL Convergence Bhd's Book Value per Sharefor the quarter that ended in Dec. 2023 was RM0.05. Hence, YGL Convergence Bhd's P/B Ratio of today is 3.21.

YGL Convergence Bhd Price-to-Tangible-Book Historical Data

The historical data trend for YGL Convergence Bhd'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.

YGL Convergence Bhd Price-to-Tangible-Book Chart

YGL Convergence Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.27

2.39

5.13

3.63

5.00

YGL Convergence Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.94	5.00	3.50	3.68	2.89

Competitive Comparison of YGL Convergence Bhd's Price-to-Tangible-Book

For the Electronics & Computer Distribution subindustry, YGL Convergence Bhd'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.

YGL Convergence Bhd's Price-to-Tangible-Book Distribution in the Hardware Industry

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

* The bar in red indicates where YGL Convergence Bhd's Price-to-Tangible-Book falls into.

YGL Convergence Bhd Price-to-Tangible-Book Calculation

YGL Convergence Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.17	/	0.045
	=	3.78

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.

YGL Convergence Bhd Price-to-Tangible-Book Related Terms

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

YGL Convergence Bhd (XKLS:0086) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » YGL Convergence Bhd (XKLS:0086) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 35, Scotland Road, George Town, PNG, MYS, 10450

Website

https://www.yglworld.com

YGL Convergence Bhd is principally engaged in the marketing and distribution of computer software and hardware and the provision of professional service. The Group's reportable segment includes Software implementation, which is engaged in the Provision of software installation, commissioning, support, and maintenance services and its related services; the Solar panel installation segment, which is engaged in the Provision of engineering, procurement, construction, and commissioning services in solar energy solution and its related services. The majority of the company's revenue is derived from software panel installations. The company's geographical segments include Malaysia, Hong Kong, and other countries, out of which Malaysia derives the majority revenue.

YGL Convergence Bhd (XKLS:0086) Headlines

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