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Ambow Education Holding (Ambow Education Holding) Price-to-Tangible-Book : 0.69 (As of May. 05, 2024)


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What is Ambow Education Holding Price-to-Tangible-Book?

As of today (2024-05-05), Ambow Education Holding's share price is $1.66. Ambow Education Holding's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $2.41. Hence, Ambow Education Holding's Price to Tangible Book Ratio of today is 0.69.

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

AMBO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67   Med: 3.26   Max: 8.35
Current: 0.8

During the past 13 years, Ambow Education Holding's highest Price to Tangible Book Ratio was 8.35. The lowest was 0.67. And the median was 3.26.

AMBO's Price-to-Tangible-Book is ranked better than
75% of 216 companies
in the Education industry
Industry Median: 1.985 vs AMBO: 0.80

A closely related ratio is called PB Ratio. As of today, Ambow Education Holding's share price is $1.66. Ambow Education Holding's Book Value per Sharefor the quarter that ended in Jun. 2023 was $2.60. Hence, Ambow Education Holding's P/B Ratio of today is 0.64.


Ambow Education Holding Price-to-Tangible-Book Historical Data

The historical data trend for Ambow Education 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.

Ambow Education Holding Price-to-Tangible-Book Chart

Ambow Education Holding 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 6.62 5.43 0.99 1.08 0.67

Ambow Education Holding Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.99 5.73 1.08 0.92 0.67

Competitive Comparison of Ambow Education Holding's Price-to-Tangible-Book

For the Education & Training Services subindustry, Ambow Education 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.


Ambow Education Holding's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ambow Education Holding's Price-to-Tangible-Book distribution charts can be found below:

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



Ambow Education Holding Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=1.66/2.414
=0.69

* 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.


Ambow Education Holding Price-to-Tangible-Book Related Terms

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


Ambow Education Holding (Ambow Education Holding) Business Description

Traded in Other Exchanges
N/A
Address
19925 Stevens Creek Boulevard, Cupertino, CA, USA, 95014
Ambow Education Holding Ltd is a provider of educational and career enhancement services in China. It operates through CP&CE Programs. The CP&CE Programs include tutoring services and career enhancement services. Geographically all the operations function in United States and Foreign countries.