Finet Group (HKSE:08317) Price-to-Tangible-Book : 1.87 (As of Jun. 06, 2024)

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What is Finet Group Price-to-Tangible-Book?

As of today (2024-06-06), Finet Group's share price is HK$0.099. Finet Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.05. Hence, Finet Group's Price to Tangible Book Ratio of today is 1.87.

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

HKSE:08317' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.25 Med: 4.28 Max: 7.76
Current: 1.98

During the past 13 years, Finet Group's highest Price to Tangible Book Ratio was 7.76. The lowest was 1.25. And the median was 4.28.

HKSE:08317's Price-to-Tangible-Book is ranked better than
50.75% of 865 companies
in the Business Services industry
Industry Median: 2.03 vs HKSE:08317: 1.98

A closely related ratio is called PB Ratio. As of today, Finet Group's share price is HK$0.099. Finet Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.05. Hence, Finet Group's P/B Ratio of today is 1.83.

Finet Group Price-to-Tangible-Book Historical Data

The historical data trend for Finet 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.

Finet Group Price-to-Tangible-Book Chart

Finet Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.19

4.04

5.35

5.80

7.76

Finet 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															5.58	-	7.76	-	1.25

Competitive Comparison of Finet Group's Price-to-Tangible-Book

For the Specialty Business Services subindustry, Finet 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.

Finet Group's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Finet Group's Price-to-Tangible-Book distribution charts can be found below:

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

Finet Group Price-to-Tangible-Book Calculation

Finet 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 )
	=	0.099	/	0.053
	=	1.87

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.

Finet Group Price-to-Tangible-Book Related Terms

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

Finet Group (HKSE:08317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Finet Group Ltd (HKSE:08317) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

77-79 Gloucester Road, 30th Floor, Fortis Tower, Wanchai, Hong Kong, HKG

Website

http://ir.finet.hk/en

Finet Group Ltd is an investment holding company. The company has four business segments namely Financial Information, Advertising and Investor Relationship Service Business; Securities and Futures Business; Money Lending Business; and Property Investment Business. The Financial Information, Advertising and Investor Relationship Service Business segment involves in the development, production, and provision of financial information services and technology solutions to investors, corporate and retail clients. The Securities and Futures segment specializes in the provision of online securities and futures trading. The Money Lending Business segment engages in lending. The Property Investment segment involves in the real estate business.

Executives

Lo Yuk Yee	2101 Beneficial owner
Maxx Capital International Limited	2101 Beneficial owner
Pablos International Limited	2201 Interest of corporation controlled by you
Broadgain International Limited	2101 Beneficial owner
Lo Yuk Yee
Wang Yuan	2101 Beneficial owner

Finet Group (HKSE:08317) Headlines

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