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G-bits Network Technology (Xiamen) Co (SHSE:603444) Price-to-Tangible-Book : 2.86 (As of Jun. 03, 2024)


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What is G-bits Network Technology (Xiamen) Co Price-to-Tangible-Book?

As of today (2024-06-03), G-bits Network Technology (Xiamen) Co's share price is ¥184.17. G-bits Network Technology (Xiamen) Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥64.31. Hence, G-bits Network Technology (Xiamen) Co's Price to Tangible Book Ratio of today is 2.86.

The historical rank and industry rank for G-bits Network Technology (Xiamen) Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603444' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.85   Med: 6.63   Max: 12.69
Current: 2.86

During the past 13 years, G-bits Network Technology (Xiamen) Co's highest Price to Tangible Book Ratio was 12.69. The lowest was 2.85. And the median was 6.63.

SHSE:603444's Price-to-Tangible-Book is ranked worse than
51.9% of 447 companies
in the Interactive Media industry
Industry Median: 2.74 vs SHSE:603444: 2.86

A closely related ratio is called PB Ratio. As of today, G-bits Network Technology (Xiamen) Co's share price is ¥184.17. G-bits Network Technology (Xiamen) Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥65.33. Hence, G-bits Network Technology (Xiamen) Co's P/B Ratio of today is 2.82.


G-bits Network Technology (Xiamen) Co Price-to-Tangible-Book Historical Data

The historical data trend for G-bits Network Technology (Xiamen) 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.

G-bits Network Technology (Xiamen) Co Price-to-Tangible-Book Chart

G-bits Network Technology (Xiamen) 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 7.03 8.07 6.63 5.76 4.02

G-bits Network Technology (Xiamen) 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 8.14 7.93 6.37 4.02 2.97

Competitive Comparison of G-bits Network Technology (Xiamen) Co's Price-to-Tangible-Book

For the Electronic Gaming & Multimedia subindustry, G-bits Network Technology (Xiamen) 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.


G-bits Network Technology (Xiamen) Co's Price-to-Tangible-Book Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, G-bits Network Technology (Xiamen) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where G-bits Network Technology (Xiamen) Co's Price-to-Tangible-Book falls into.



G-bits Network Technology (Xiamen) Co Price-to-Tangible-Book Calculation

G-bits Network Technology (Xiamen) 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 )
=184.17/64.31
=2.86

* 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.


G-bits Network Technology (Xiamen) Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of G-bits Network Technology (Xiamen) Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


G-bits Network Technology (Xiamen) Co (SHSE:603444) Business Description

Traded in Other Exchanges
N/A
Address
Room 101, No. 4, Wanghai Road, Xiamen Software Park, Fujian Province, Xiamen, CHN, 361008
G-bits Network Technology (Xiamen) Co Ltd develops video games and other multiplayer online games. It offers client, Web, mobile, and VR games. Geographically, it operates through the region of China.
Executives
Liang Li Li senior management
Lu Hong Yan Director
Gao Yan Director

G-bits Network Technology (Xiamen) Co (SHSE:603444) Headlines

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