360 Ludashi Holdings (HKSE:03601) Price-to-Tangible-Book : 0.34 (As of May. 11, 2024)

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What is 360 Ludashi Holdings Price-to-Tangible-Book?

As of today (2024-05-11), 360 Ludashi Holdings's share price is HK$0.89. 360 Ludashi Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.59. Hence, 360 Ludashi Holdings's Price to Tangible Book Ratio of today is 0.34.

The historical rank and industry rank for 360 Ludashi Holdings's Price-to-Tangible-Book or its related term are showing as below:

HKSE:03601' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33 Med: 0.69 Max: 2.27
Current: 0.34

During the past 8 years, 360 Ludashi Holdings's highest Price to Tangible Book Ratio was 2.27. The lowest was 0.33. And the median was 0.69.

HKSE:03601's Price-to-Tangible-Book is ranked better than
96.7% of 454 companies
in the Interactive Media industry
Industry Median: 2.805 vs HKSE:03601: 0.34

A closely related ratio is called PB Ratio. As of today, 360 Ludashi Holdings's share price is HK$0.89. 360 Ludashi Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.61. Hence, 360 Ludashi Holdings's P/B Ratio of today is 0.34.

360 Ludashi Holdings Price-to-Tangible-Book Historical Data

The historical data trend for 360 Ludashi Holdings'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.

360 Ludashi Holdings Price-to-Tangible-Book Chart

360 Ludashi Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.27

1.30

0.69

0.68

0.33

360 Ludashi Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.69	0.71	0.68	0.52	0.33

Competitive Comparison of 360 Ludashi Holdings's Price-to-Tangible-Book

For the Internet Content & Information subindustry, 360 Ludashi 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.

360 Ludashi Holdings's Price-to-Tangible-Book Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 360 Ludashi Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where 360 Ludashi Holdings's Price-to-Tangible-Book falls into.

360 Ludashi Holdings Price-to-Tangible-Book Calculation

360 Ludashi Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.89	/	2.593
	=	0.34

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.

360 Ludashi Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of 360 Ludashi Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

360 Ludashi Holdings (HKSE:03601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 360 Ludashi Holdings Ltd (HKSE:03601) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1268 Tianfu Avenue, 11th Floor, 11-24 Tianfu Software Site E1, High-tech Zone, Sichuan Province, Chengdu, CHN, 610041

Website

https://www.ludashi.com

360 Ludashi Holdings Ltd is a hardware and system benchmarking and monitoring solutions provider for PC and mobile devices in China. It is principally engaged in the online traffic monetization, electronic devices sales, provision of online advertising services, online game business, sales of smart accessories, certified pre-owned and factory smartphones and certified pre-owned and factory other electronic devices in the PRC. It derives a majority of revenue from online advertising services.

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