Niu Technologies (FRA:0O9) Price-to-Tangible-Book : 1.05 (As of Jun. 07, 2024)

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What is Niu Technologies Price-to-Tangible-Book?

As of today (2024-06-07), Niu Technologies's share price is €1.80. Niu Technologies's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €1.72. Hence, Niu Technologies's Price to Tangible Book Ratio of today is 1.05.

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

FRA:0O9' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 5.53 Max: 18.23
Current: 1.03

During the past 8 years, Niu Technologies's highest Price to Tangible Book Ratio was 18.23. The lowest was 0.90. And the median was 5.53.

FRA:0O9's Price-to-Tangible-Book is ranked better than
64.62% of 1204 companies
in the Vehicles & Parts industry
Industry Median: 1.6 vs FRA:0O9: 1.03

A closely related ratio is called PB Ratio. As of today, Niu Technologies's share price is €1.80. Niu Technologies's Book Value per Sharefor the quarter that ended in Mar. 2024 was €1.72. Hence, Niu Technologies's P/B Ratio of today is 1.05.

Niu Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Niu Technologies'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.

Niu Technologies Price-to-Tangible-Book Chart

Niu Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.98

14.85

5.67

2.05

1.12

Niu Technologies 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															1.62	1.68	1.39	1.12	0.91

Competitive Comparison of Niu Technologies's Price-to-Tangible-Book

For the Auto Manufacturers subindustry, Niu Technologies'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.

Niu Technologies's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Niu Technologies's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Niu Technologies's Price-to-Tangible-Book falls into.

Niu Technologies Price-to-Tangible-Book Calculation

Niu Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1.80	/	1.72
	=	1.05

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.

Niu Technologies Price-to-Tangible-Book Related Terms

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

Niu Technologies (FRA:0O9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Niu Technologies (FRA:0O9) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NIU:USA

Address

No. 195 Huilongguan East Road, No.1 Building, Changping District, Beijing, CHN, 102208

Website

https://www.niu.com

Niu Technologies designs, manufactures and sells high-performance electric motorcycles, scooters, bicycles, and kick-scooters. The company has a product portfolio consisting of ten series, four electric scooter series, including NQi, MQi, UQi, and Gova, two urban commuter electric motorcycle series RQi and TQi, a hybrid motorcycles series YQi, a performance electric bicycle series, NIU Aero, and two micro-mobility series, the kick-scooter series, KQi, and the e-bike series, BQi. The group's principal operations and geographic markets are mainly in the People's Republic of China.

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