China Technology Industry Group (HKSE:08111) Price-to-Tangible-Book : 1.07 (As of May. 11, 2024)

View and export this data going back to 2001. Start your Free Trial

What is China Technology Industry Group Price-to-Tangible-Book?

As of today (2024-05-11), China Technology Industry Group's share price is HK$0.08. China Technology Industry Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.08. Hence, China Technology Industry Group's Price to Tangible Book Ratio of today is 1.07.

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

HKSE:08111' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 3.81 Max: 12.93
Current: 1

During the past 13 years, China Technology Industry Group's highest Price to Tangible Book Ratio was 12.93. The lowest was 0.67. And the median was 3.81.

HKSE:08111's Price-to-Tangible-Book is ranked better than
87.87% of 948 companies
in the Semiconductors industry
Industry Median: 2.59 vs HKSE:08111: 1.00

A closely related ratio is called PB Ratio. As of today, China Technology Industry Group's share price is HK$0.08. China Technology Industry Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.12. Hence, China Technology Industry Group's P/B Ratio of today is 0.69.

China Technology Industry Group Price-to-Tangible-Book Historical Data

The historical data trend for China Technology Industry Group'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 Technology Industry Group Price-to-Tangible-Book Chart

China Technology Industry Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.75

12.93

1.87

0.67

0.79

China Technology Industry Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.12	-	0.79	-	1.00

Competitive Comparison of China Technology Industry Group's Price-to-Tangible-Book

For the Solar subindustry, China Technology Industry Group'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 Technology Industry Group's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, China Technology Industry Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Technology Industry Group's Price-to-Tangible-Book falls into.

China Technology Industry Group Price-to-Tangible-Book Calculation

China Technology Industry Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.08	/	0.075
	=	1.07

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.

China Technology Industry Group Price-to-Tangible-Book Related Terms

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

China Technology Industry Group (HKSE:08111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Technology Industry Group Ltd (HKSE:08111) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ocean Centre, Suite 704, 7th Floor, Harbour City, Kowloon, Hong Kong, HKG

Website

http://www.chinatechindgroup.com

China Technology Industry Group Ltd is engaged in the Sale of renewable energy products, New energy power system integration business, Sales of self-service automatic teller machine (ATM) systems and printing systems, and Provision of hardware and software technical support services. Key revenue is derived from the Sale of renewable energy products such as solar and wind power-related products. The group operates in the PRC. It has two segments sales of renewable energy products and New energy power system integration business. It generates maximum revenue from the Sales of renewable energy products.

China Technology Industry Group (HKSE:08111) Headlines

No Headlines