TCL Technology Group (SZSE:000100) Price-to-Tangible-Book : 4.03 (As of May. 02, 2024)

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What is TCL Technology Group Price-to-Tangible-Book?

As of today (2024-05-02), TCL Technology Group's share price is ¥4.78. TCL Technology Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥1.19. Hence, TCL Technology Group's Price to Tangible Book Ratio of today is 4.03.

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

SZSE:000100' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.42 Med: 2.68 Max: 8.7
Current: 4.02

During the past 13 years, TCL Technology Group's highest Price to Tangible Book Ratio was 8.70. The lowest was 1.42. And the median was 2.68.

SZSE:000100's Price-to-Tangible-Book is ranked worse than
69.3% of 948 companies
in the Semiconductors industry
Industry Median: 2.61 vs SZSE:000100: 4.02

A closely related ratio is called PB Ratio. As of today, TCL Technology Group's share price is ¥4.78. TCL Technology Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.86. Hence, TCL Technology Group's P/B Ratio of today is 1.67.

TCL Technology Group Price-to-Tangible-Book Historical Data

The historical data trend for TCL Technology Group'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.

TCL Technology Group Price-to-Tangible-Book Chart

TCL Technology Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.64

6.62

4.98

2.95

3.77

TCL Technology Group 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															3.99	3.81	3.58	3.77	3.94

Competitive Comparison of TCL Technology Group's Price-to-Tangible-Book

For the Semiconductor Equipment & Materials subindustry, TCL Technology Group'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.

TCL Technology Group's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, TCL Technology Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where TCL Technology Group's Price-to-Tangible-Book falls into.

TCL Technology Group Price-to-Tangible-Book Calculation

TCL Technology Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	4.78	/	1.185
	=	4.03

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.

TCL Technology Group Price-to-Tangible-Book Related Terms

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

TCL Technology Group (SZSE:000100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TCL Technology Group Corp (SZSE:000100) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Huifeng Third Road, TCL Technology Building, Zhongkai Hi-Tech Development District, Guangdong Province, Huizhou, CHN, 516001

Website

https://www.tcltech.com

TCL Technology Group Corp is a consumer electronics company in China. The company's operating segment includes Semi-conductor display and materials business; Distribution business; Semi-conductor photovoltaic and semi-conductor materials business and Other businesses. It generates maximum revenue from Semi-conductor display and materials business segment. The Semi-conductor display and materials business segment mainly includes research and development, manufacturing and sales of semiconductor display panels and semiconductor display modules.

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