Readen Holding (Readen Holding) Price-to-Tangible-Book : (As of May. 31, 2024)

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What is Readen Holding Price-to-Tangible-Book?

As of today (2024-05-31), Readen Holding's share price is $0.025. Readen Holding's Tangible Book per Share of . 20 for the quarter that ended in . 20 was $0.00. Hence, Readen Holding's Price to Tangible Book Ratio of today is .

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

RHCO's Price-to-Tangible-Book is not ranked ^*
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Readen Holding's share price is $0.025. Readen Holding's Book Value per Sharefor the quarter that ended in . 20 was $0.00. Hence, Readen Holding's P/B Ratio of today is .

Readen Holding Price-to-Tangible-Book Historical Data

The historical data trend for Readen Holding'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.

Readen Holding Price-to-Tangible-Book Chart

Readen Holding Annual Data

Trend

Price-to-Tangible-Book

Readen Holding Quarterly Data

Price-to-Tangible-Book

Competitive Comparison of Readen Holding's Price-to-Tangible-Book

For the Asset Management subindustry, Readen Holding'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.

Readen Holding's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Readen Holding's Price-to-Tangible-Book distribution charts can be found below:

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

Readen Holding Price-to-Tangible-Book Calculation

Readen Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: . 20 )
	=	0.025	/
	=

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.

Readen Holding Price-to-Tangible-Book Related Terms

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Readen Holding (Readen Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Readen Holding Corp (OTCPK:RHCO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Hoi Shing Road, 3301 Cable TV Tower, Tsuen Wan, HKG

Website

https://www.readenholdingcorp.com

Readen Holding Corp is a venture capital organization and shareholder of companies operating in different industries. It is a holding company, holding multiple projects and businesses in a wide variety of industries, such as Fintech, Payments, E-Commerce, and Other Investments.