Bortex Global (HKSE:08118) Price-to-Tangible-Book : 0.55 (As of Jun. 05, 2024)

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What is Bortex Global Price-to-Tangible-Book?

As of today (2024-06-05), Bortex Global's share price is HK$0.109. Bortex Global's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was HK$0.20. Hence, Bortex Global's Price to Tangible Book Ratio of today is 0.55.

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

HKSE:08118' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.55 Med: 1.39 Max: 2.46
Current: 0.55

During the past 9 years, Bortex Global's highest Price to Tangible Book Ratio was 2.46. The lowest was 0.55. And the median was 1.39.

HKSE:08118's Price-to-Tangible-Book is ranked better than
86.45% of 391 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.75 vs HKSE:08118: 0.55

A closely related ratio is called PB Ratio. As of today, Bortex Global's share price is HK$0.109. Bortex Global's Book Value per Sharefor the quarter that ended in Oct. 2023 was HK$0.20. Hence, Bortex Global's P/B Ratio of today is 0.55.

Bortex Global Price-to-Tangible-Book Historical Data

The historical data trend for Bortex Global'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.

Bortex Global Price-to-Tangible-Book Chart

Bortex Global Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.09

1.67

1.39

1.50

2.46

Bortex Global Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.29	-	2.46	-	0.80

Competitive Comparison of Bortex Global's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Bortex Global'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.

Bortex Global's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bortex Global's Price-to-Tangible-Book distribution charts can be found below:

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

Bortex Global Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	0.109	/	0.199
	=	0.55

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.

Bortex Global Price-to-Tangible-Book Related Terms

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

Bortex Global (HKSE:08118) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bortex Global Ltd (HKSE:08118) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

58 Hung To Road, Room 29, 8th floor, Career and Kenson Industrial Mansion, Kowloon, Kwun Tong, Hong Kong, HKG

Website

http://www.bortex.com.cn

Bortex Global Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the designing, trading, and manufacturing of Light Emitting Diode(LED) lighting products. Its LEDs are bifurcated into LED decorative lighting and LED luminaire lighting, out of which the majority of the revenue is generated from the LED decorative lighting. Its geographical segments include Canada, the United States, PRC, Hong Kong, and others.

Executives

Real Charm Corp
Chung Yu Chun
Shiu Kwok Leung

Bortex Global (HKSE:08118) Headlines

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