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Founder Technology Group Co (SHSE:600601) Price-to-Tangible-Book : 2.71 (As of May. 16, 2024)


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What is Founder Technology Group Co Price-to-Tangible-Book?

As of today (2024-05-16), Founder Technology Group Co's share price is ¥2.50. Founder Technology Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥0.92. Hence, Founder Technology Group Co's Price to Tangible Book Ratio of today is 2.71.

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

SHSE:600601' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.63   Med: 3.11   Max: 702.5
Current: 2.72

During the past 13 years, Founder Technology Group Co's highest Price to Tangible Book Ratio was 702.50. The lowest was 1.63. And the median was 3.11.

SHSE:600601's Price-to-Tangible-Book is ranked worse than
64.02% of 2304 companies
in the Hardware industry
Industry Median: 2.05 vs SHSE:600601: 2.72

A closely related ratio is called PB Ratio. As of today, Founder Technology Group Co's share price is ¥2.50. Founder Technology Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥0.94. Hence, Founder Technology Group Co's P/B Ratio of today is 2.66.


Founder Technology Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Founder Technology Group Co'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.

Founder Technology Group Co Price-to-Tangible-Book Chart

Founder Technology Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.86 20.26 - 3.24 3.19

Founder Technology Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.13 3.45 3.32 3.19 2.75

Competitive Comparison of Founder Technology Group Co's Price-to-Tangible-Book

For the Computer Hardware subindustry, Founder Technology Group Co'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.


Founder Technology Group Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Founder Technology Group Co's Price-to-Tangible-Book distribution charts can be found below:

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



Founder Technology Group Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=2.50/0.924
=2.71

* 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.


Founder Technology Group Co Price-to-Tangible-Book Related Terms

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Founder Technology Group Co (SHSE:600601) Business Description

Traded in Other Exchanges
N/A
Address
No. 360 Pudong South Road, New Shanghai International Tower, 36F, Pudong, Shanghai, CHN, 200120
Founder Technology Group Co Ltd provides hardware and software solutions in China. It engages in the development, production, manufacture, and sale of PCB products for the communications equipment, communications terminals, IT products, industrial medical, automotive electronics, consumer electronics, and other fields.

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