GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lichen China Ltd (NAS:LICN) » Definitions » Price-to-Tangible-Book

Lichen China (Lichen China) Price-to-Tangible-Book : 0.50 (As of May. 10, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Lichen China Price-to-Tangible-Book?

As of today (2024-05-10), Lichen China's share price is $1.05. Lichen China's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.09. Hence, Lichen China's Price to Tangible Book Ratio of today is 0.50.

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

LICN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43   Med: 0.95   Max: 0.95
Current: 0.5

During the past 4 years, Lichen China's highest Price to Tangible Book Ratio was 0.95. The lowest was 0.43. And the median was 0.95.

LICN's Price-to-Tangible-Book is ranked better than
93.19% of 867 companies
in the Business Services industry
Industry Median: 2.11 vs LICN: 0.50

A closely related ratio is called PB Ratio. As of today, Lichen China's share price is $1.05. Lichen China's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.32. Hence, Lichen China's P/B Ratio of today is 0.45.


Lichen China Price-to-Tangible-Book Historical Data

The historical data trend for Lichen China'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.

Lichen China Price-to-Tangible-Book Chart

Lichen China Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 0.95

Lichen China Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - 0.71 0.95

Competitive Comparison of Lichen China's Price-to-Tangible-Book

For the Specialty Business Services subindustry, Lichen China'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.


Lichen China's Price-to-Tangible-Book Distribution in the Business Services Industry

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

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



Lichen China Price-to-Tangible-Book Calculation

Lichen China's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.05/2.09
=0.50

* 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.


Lichen China Price-to-Tangible-Book Related Terms

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


Lichen China (Lichen China) Business Description

Traded in Other Exchanges
N/A
Address
888 Century Avenue Meiling Street, Tower 3, Jinjiang Wanda Plaza Commercial Complex, B2306, Block B, Fujian Province, Jinjiang, CHN, 362000
Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.