GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wingtech Technology Co Ltd (SHSE:600745) » Definitions » Price-to-Tangible-Book

Wingtech Technology Co (SHSE:600745) Price-to-Tangible-Book : 4.73 (As of May. 05, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Wingtech Technology Co Price-to-Tangible-Book?

As of today (2024-05-05), Wingtech Technology Co's share price is ¥31.50. Wingtech Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.67. Hence, Wingtech Technology Co's Price to Tangible Book Ratio of today is 4.73.

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

SHSE:600745' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.73   Med: 10.95   Max: 99.29
Current: 4.73

During the past 13 years, Wingtech Technology Co's highest Price to Tangible Book Ratio was 99.29. The lowest was 4.73. And the median was 10.95.

SHSE:600745's Price-to-Tangible-Book is ranked worse than
83.64% of 2305 companies
in the Hardware industry
Industry Median: 2.04 vs SHSE:600745: 4.73

A closely related ratio is called PB Ratio. As of today, Wingtech Technology Co's share price is ¥31.50. Wingtech Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥30.03. Hence, Wingtech Technology Co's P/B Ratio of today is 1.05.


Wingtech Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Wingtech Technology 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.

Wingtech Technology Co Price-to-Tangible-Book Chart

Wingtech Technology 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 - 66.27 29.33 8.73 6.42

Wingtech Technology 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 8.77 6.88 6.51 6.42 5.49

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

For the Communication Equipment subindustry, Wingtech Technology 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.


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

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

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



Wingtech Technology Co Price-to-Tangible-Book Calculation

Wingtech Technology 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 )
=31.50/6.666
=4.73

* 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.


Wingtech Technology Co Price-to-Tangible-Book Related Terms

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


Wingtech Technology Co (SHSE:600745) Business Description

Traded in Other Exchanges
N/A
Address
Mission Town Hill on the 6th district, Hubei Province, Huangshi, CHN, 314000
Wingtech Technology Co Ltd is a China-based company engaged in the research, development, and manufacture of mobile terminals and smart hardware products. Its main products are mobile communication complete machines, mobile communication devices and other mobile communication products, such as smartphones. The company also provides services such as Intelligent Terminal, Virtual Reality, Property and Hotel and other services.

Wingtech Technology Co (SHSE:600745) Headlines

No Headlines