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Merit Interactive Co (SZSE:300766) Price-to-Tangible-Book : 2.64 (As of Jun. 06, 2024)


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What is Merit Interactive Co Price-to-Tangible-Book?

As of today (2024-06-06), Merit Interactive Co's share price is ¥9.55. Merit Interactive Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.62. Hence, Merit Interactive Co's Price to Tangible Book Ratio of today is 2.64.

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

SZSE:300766' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.5   Med: 4.25   Max: 9.72
Current: 2.64

During the past 10 years, Merit Interactive Co's highest Price to Tangible Book Ratio was 9.72. The lowest was 2.50. And the median was 4.25.

SZSE:300766's Price-to-Tangible-Book is ranked worse than
52.33% of 279 companies
in the Telecommunication Services industry
Industry Median: 2.44 vs SZSE:300766: 2.64

A closely related ratio is called PB Ratio. As of today, Merit Interactive Co's share price is ¥9.55. Merit Interactive Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.06. Hence, Merit Interactive Co's P/B Ratio of today is 2.35.


Merit Interactive Co Price-to-Tangible-Book Historical Data

The historical data trend for Merit Interactive 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.

Merit Interactive Co Price-to-Tangible-Book Chart

Merit Interactive 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 8.37 4.25 4.11 2.78 4.23

Merit Interactive 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 4.90 4.42 4.26 4.23 3.75

Competitive Comparison of Merit Interactive Co's Price-to-Tangible-Book

For the Telecom Services subindustry, Merit Interactive 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.


Merit Interactive Co's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Merit Interactive Co's Price-to-Tangible-Book falls into.



Merit Interactive Co Price-to-Tangible-Book Calculation

Merit Interactive 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 )
=9.55/3.615
=2.64

* 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.


Merit Interactive Co Price-to-Tangible-Book Related Terms

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


Merit Interactive Co (SZSE:300766) Business Description

Traded in Other Exchanges
N/A
Address
West District, No. 525, Xixi Road, No. 7 Xidoumen Road, Xihu District, Hangzhou, Zhejiang, Building A, Room 418, 14th Floor, Block A, Qiandao Lake Zhigu Building, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012
Merit Interactive Co Ltd is a provider of integrated mobile Internet services based on big data.
Executives
Yin Zu Yong Director
Chen Jin Lai Supervisors
Fang Yi Directors, executives
Dong Lin Supervisors

Merit Interactive Co (SZSE:300766) Headlines

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