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Leedarson IoT Technology (SHSE:605365) Price-to-Tangible-Book : 2.54 (As of May. 29, 2024)


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What is Leedarson IoT Technology Price-to-Tangible-Book?

As of today (2024-05-29), Leedarson IoT Technology's share price is ¥17.36. Leedarson IoT Technology's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥6.83. Hence, Leedarson IoT Technology's Price to Tangible Book Ratio of today is 2.54.

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

SHSE:605365' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.38   Med: 2.76   Max: 3.48
Current: 2.54

During the past 7 years, Leedarson IoT Technology's highest Price to Tangible Book Ratio was 3.48. The lowest was 2.38. And the median was 2.76.

SHSE:605365's Price-to-Tangible-Book is ranked worse than
58.86% of 2834 companies
in the Industrial Products industry
Industry Median: 2.1 vs SHSE:605365: 2.54

A closely related ratio is called PB Ratio. As of today, Leedarson IoT Technology's share price is ¥17.36. Leedarson IoT Technology's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥7.07. Hence, Leedarson IoT Technology's P/B Ratio of today is 2.46.


Leedarson IoT Technology Price-to-Tangible-Book Historical Data

The historical data trend for Leedarson IoT Technology'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.

Leedarson IoT Technology Price-to-Tangible-Book Chart

Leedarson IoT Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 3.48 2.54 2.76

Leedarson IoT Technology Quarterly Data
Dec17 Dec18 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 2.80 2.54 2.71 2.76 2.62

Competitive Comparison of Leedarson IoT Technology's Price-to-Tangible-Book

For the Electrical Equipment & Parts subindustry, Leedarson IoT Technology'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.


Leedarson IoT Technology's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Leedarson IoT Technology's Price-to-Tangible-Book distribution charts can be found below:

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



Leedarson IoT Technology Price-to-Tangible-Book Calculation

Leedarson IoT Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=17.36/6.83
=2.54

* 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.


Leedarson IoT Technology Price-to-Tangible-Book Related Terms

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


Leedarson IoT Technology (SHSE:605365) Business Description

Traded in Other Exchanges
N/A
Address
No. 1511 Fanghubei 2nd Road, Unit 701, 7th Floor, Huli District, Fujian Province, Xiamen, CHN, 361006
Leedarson IoT Technology Inc is engaged in the research and development, manufacturing, sales and service of LED lighting products, smart homes, smart buildings and other IoT products.

Leedarson IoT Technology (SHSE:605365) Headlines

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