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Guangdong Golden Dragon Development (SZSE:000712) Price-to-Tangible-Book : 5.70 (As of May. 12, 2024)


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What is Guangdong Golden Dragon Development Price-to-Tangible-Book?

As of today (2024-05-12), Guangdong Golden Dragon Development's share price is ¥10.57. Guangdong Golden Dragon Development's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥1.86. Hence, Guangdong Golden Dragon Development's Price to Tangible Book Ratio of today is 5.70.

The historical rank and industry rank for Guangdong Golden Dragon Development's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000712' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.06   Med: 5.76   Max: 18.54
Current: 5.68

During the past 13 years, Guangdong Golden Dragon Development's highest Price to Tangible Book Ratio was 18.54. The lowest was 3.06. And the median was 5.76.

SZSE:000712's Price-to-Tangible-Book is ranked worse than
87.52% of 721 companies
in the Capital Markets industry
Industry Median: 1.29 vs SZSE:000712: 5.68

A closely related ratio is called PB Ratio. As of today, Guangdong Golden Dragon Development's share price is ¥10.57. Guangdong Golden Dragon Development's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.66. Hence, Guangdong Golden Dragon Development's P/B Ratio of today is 3.97.


Guangdong Golden Dragon Development Price-to-Tangible-Book Historical Data

The historical data trend for Guangdong Golden Dragon Development'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.

Guangdong Golden Dragon Development Price-to-Tangible-Book Chart

Guangdong Golden Dragon Development 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 5.42 5.48 5.67 5.49 7.53

Guangdong Golden Dragon Development 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 5.84 5.59 6.23 7.53 6.29

Competitive Comparison of Guangdong Golden Dragon Development's Price-to-Tangible-Book

For the Capital Markets subindustry, Guangdong Golden Dragon Development'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.


Guangdong Golden Dragon Development's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Guangdong Golden Dragon Development's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Guangdong Golden Dragon Development's Price-to-Tangible-Book falls into.



Guangdong Golden Dragon Development Price-to-Tangible-Book Calculation

Guangdong Golden Dragon Development's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=10.57/1.856
=5.70

* 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.


Guangdong Golden Dragon Development Price-to-Tangible-Book Related Terms

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


Guangdong Golden Dragon Development (SZSE:000712) Business Description

Traded in Other Exchanges
N/A
Address
66 Yanshen Dongshen Second Road, Unit 03, 19 / F, Building S3, Tianan Digital City, Fenggang Town, Guangdong Province, Dongguan, CHN, 511518
Guangdong Golden Dragon Development Inc is a China-based company. It is engaged in Equity investment, investment consulting and management, and business management consulting services. The company generates its revenue from commission income and investment income among others.

Guangdong Golden Dragon Development (SZSE:000712) Headlines

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