Readboy Education Holding Co (HKSE:02385) Price-to-Tangible-Book : 4.76 (As of May. 13, 2024)

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What is Readboy Education Holding Co Price-to-Tangible-Book?

As of today (2024-05-13), Readboy Education Holding Co's share price is HK$7.31. Readboy Education Holding Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.54. Hence, Readboy Education Holding Co's Price to Tangible Book Ratio of today is 4.76.

The historical rank and industry rank for Readboy Education Holding Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:02385' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.61 Med: 4.31 Max: 5.01
Current: 4.75

During the past 5 years, Readboy Education Holding Co's highest Price to Tangible Book Ratio was 5.01. The lowest was 3.61. And the median was 4.31.

HKSE:02385's Price-to-Tangible-Book is ranked worse than
72.35% of 217 companies
in the Education industry
Industry Median: 1.95 vs HKSE:02385: 4.75

A closely related ratio is called PB Ratio. As of today, Readboy Education Holding Co's share price is HK$7.31. Readboy Education Holding Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.54. Hence, Readboy Education Holding Co's P/B Ratio of today is 4.75.

Readboy Education Holding Co Price-to-Tangible-Book Historical Data

The historical data trend for Readboy Education Holding 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.

Readboy Education Holding Co Price-to-Tangible-Book Chart

Readboy Education Holding Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.61

5.01

Readboy Education Holding Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	3.61	4.32	5.01

Competitive Comparison of Readboy Education Holding Co's Price-to-Tangible-Book

For the Education & Training Services subindustry, Readboy Education Holding 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.

Readboy Education Holding Co's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Readboy Education Holding Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Readboy Education Holding Co's Price-to-Tangible-Book falls into.

Readboy Education Holding Co Price-to-Tangible-Book Calculation

Readboy Education Holding Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.31	/	1.535
	=	4.76

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.

Readboy Education Holding Co Price-to-Tangible-Book Related Terms

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

Readboy Education Holding Co (HKSE:02385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Readboy Education Holding Co Ltd (HKSE:02385) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 38, Changyi Road, Wuguishan, Guangdong Province, Zhongshan, CHN

Website

https://www.readboy.com

Readboy Education Holding Co Ltd is an investment holding company engaged in the production and sale of personal student tablets, smart classroom solutions, wearable products, other products, and advertisement and content licensing in the People's Republic of China. The company has five operating segments; Production and sale of personal student tablets, Production and sale of smart classroom solutions, Production and sale of wearable products, Production and sale of other products, and Advertisement and content licensing. It derives a majority of its revenue from the production and sale of personal student tablets in the People's Republic of China.

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