Reliance Global Holdings (HKSE:00723) Price-to-Tangible-Book : 1.00 (As of May. 30, 2024)

Reliance Global Holdings Price-to-Tangible-Book Chart

Reliance Global Holdings Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Price-to-Tangible-Book		Get a 7-Day Free Trial					1.18	0.95	0.96	1.15	0.44

Reliance Global Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.81	1.15	0.70	0.44	0.43

Competitive Comparison of Reliance Global Holdings's Price-to-Tangible-Book

For the Lumber & Wood Production subindustry, Reliance Global Holdings'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.

Reliance Global Holdings's Price-to-Tangible-Book Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Reliance Global Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Reliance Global Holdings's Price-to-Tangible-Book falls into.

Reliance Global Holdings Price-to-Tangible-Book Calculation

Reliance Global Holdings's price-to-tangible-book ratio for today is calculated as:

* 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.

Reliance Global Holdings Price-to-Tangible-Book Related Terms

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

Reliance Global Holdings (HKSE:00723) Business Description