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China Chunlai Education Group Co (HKSE:01969) Price-to-Tangible-Book : 2.22 (As of May. 14, 2024)


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What is China Chunlai Education Group Co Price-to-Tangible-Book?

As of today (2024-05-14), China Chunlai Education Group Co's share price is HK$4.90. China Chunlai Education Group Co's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was HK$2.21. Hence, China Chunlai Education Group Co's Price to Tangible Book Ratio of today is 2.22.

The historical rank and industry rank for China Chunlai Education Group Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01969' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.07   Med: 1.65   Max: 2.93
Current: 2.22

During the past 9 years, China Chunlai Education Group Co's highest Price to Tangible Book Ratio was 2.93. The lowest was 1.07. And the median was 1.65.

HKSE:01969's Price-to-Tangible-Book is ranked worse than
53.46% of 217 companies
in the Education industry
Industry Median: 2.03 vs HKSE:01969: 2.22

A closely related ratio is called PB Ratio. As of today, China Chunlai Education Group Co's share price is HK$4.90. China Chunlai Education Group Co's Book Value per Sharefor the quarter that ended in Aug. 2023 was HK$2.95. Hence, China Chunlai Education Group Co's P/B Ratio of today is 1.66.


China Chunlai Education Group Co Price-to-Tangible-Book Historical Data

The historical data trend for China Chunlai Education Group 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.

China Chunlai Education Group Co Price-to-Tangible-Book Chart

China Chunlai Education Group Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 2.07 1.65 1.07 1.53 2.93

China Chunlai Education Group Co Semi-Annual Data
Aug15 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.89 1.53 1.81 2.93 -

Competitive Comparison of China Chunlai Education Group Co's Price-to-Tangible-Book

For the Education & Training Services subindustry, China Chunlai Education Group 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.


China Chunlai Education Group Co's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Chunlai Education Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Chunlai Education Group Co's Price-to-Tangible-Book falls into.



China Chunlai Education Group Co Price-to-Tangible-Book Calculation

China Chunlai Education Group Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Aug. 2023 )
=4.90/2.205
=2.22

* 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.


China Chunlai Education Group Co Price-to-Tangible-Book Related Terms

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China Chunlai Education Group Co (HKSE:01969) Business Description

Traded in Other Exchanges
N/A
Address
No. 66, Beihai East Road, Henan Province, Shangqiu, CHN, 476000
China Chunlai Education Group Co Ltd is an investment holding company. The company through its subsidiaries is engaged in the operation of private higher education institutions. It generates revenue from tuition fees and Boarding fees. Geographically, it derives revenue from China.

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