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New Guomai Digital Culture Co (SHSE:600640) Price-to-Tangible-Book : 2.18 (As of Jun. 06, 2024)


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What is New Guomai Digital Culture Co Price-to-Tangible-Book?

As of today (2024-06-06), New Guomai Digital Culture Co's share price is ¥10.45. New Guomai Digital Culture Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.78. Hence, New Guomai Digital Culture Co's Price to Tangible Book Ratio of today is 2.18.

The historical rank and industry rank for New Guomai Digital Culture Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600640' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.74   Med: 2.81   Max: 6.36
Current: 2.19

During the past 13 years, New Guomai Digital Culture Co's highest Price to Tangible Book Ratio was 6.36. The lowest was 1.74. And the median was 2.81.

SHSE:600640's Price-to-Tangible-Book is ranked better than
53.05% of 279 companies
in the Telecommunication Services industry
Industry Median: 2.44 vs SHSE:600640: 2.19

A closely related ratio is called PB Ratio. As of today, New Guomai Digital Culture Co's share price is ¥10.45. New Guomai Digital Culture Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.98. Hence, New Guomai Digital Culture Co's P/B Ratio of today is 2.10.


New Guomai Digital Culture Co Price-to-Tangible-Book Historical Data

The historical data trend for New Guomai Digital Culture 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.

New Guomai Digital Culture Co Price-to-Tangible-Book Chart

New Guomai Digital Culture 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 4.86 2.31 3.08 2.03 2.41

New Guomai Digital Culture 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 2.79 2.49 2.15 2.41 2.82

Competitive Comparison of New Guomai Digital Culture Co's Price-to-Tangible-Book

For the Telecom Services subindustry, New Guomai Digital Culture 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.


New Guomai Digital Culture Co's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, New Guomai Digital Culture Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where New Guomai Digital Culture Co's Price-to-Tangible-Book falls into.



New Guomai Digital Culture Co Price-to-Tangible-Book Calculation

New Guomai Digital Culture 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 )
=10.45/4.783
=2.18

* 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.


New Guomai Digital Culture Co Price-to-Tangible-Book Related Terms

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


New Guomai Digital Culture Co (SHSE:600640) Business Description

Traded in Other Exchanges
N/A
Address
1207 Jiangning Road, Goldmine Building, Shanghai, CHN, 200060
Besttone Holding Co Ltd is a China telecom company. It is engaged in Internet video content applications, games, digital reading, digital animation and new media, application distribution, point operations, business travel booking and hotel operation management.
Executives
Jiang Wen Min senior management

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