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Beijing Join-Cheer Software Co (SZSE:002279) Price-to-Tangible-Book : 3.40 (As of May. 23, 2024)


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What is Beijing Join-Cheer Software Co Price-to-Tangible-Book?

As of today (2024-05-23), Beijing Join-Cheer Software Co's share price is ¥4.93. Beijing Join-Cheer Software Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥1.45. Hence, Beijing Join-Cheer Software Co's Price to Tangible Book Ratio of today is 3.40.

The historical rank and industry rank for Beijing Join-Cheer Software Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002279' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.39   Med: 9.7   Max: 30.68
Current: 3.4

During the past 13 years, Beijing Join-Cheer Software Co's highest Price to Tangible Book Ratio was 30.68. The lowest was 3.39. And the median was 9.70.

SZSE:002279's Price-to-Tangible-Book is ranked better than
52.09% of 2085 companies
in the Software industry
Industry Median: 3.57 vs SZSE:002279: 3.40

A closely related ratio is called PB Ratio. As of today, Beijing Join-Cheer Software Co's share price is ¥4.93. Beijing Join-Cheer Software Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥1.70. Hence, Beijing Join-Cheer Software Co's P/B Ratio of today is 2.90.


Beijing Join-Cheer Software Co Price-to-Tangible-Book Historical Data

The historical data trend for Beijing Join-Cheer Software 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.

Beijing Join-Cheer Software Co Price-to-Tangible-Book Chart

Beijing Join-Cheer Software 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 15.48 7.26 6.66 4.55 3.98

Beijing Join-Cheer Software 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 5.87 4.34 4.58 3.98 4.14

Competitive Comparison of Beijing Join-Cheer Software Co's Price-to-Tangible-Book

For the Software - Application subindustry, Beijing Join-Cheer Software 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.


Beijing Join-Cheer Software Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Join-Cheer Software Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Beijing Join-Cheer Software Co's Price-to-Tangible-Book falls into.



Beijing Join-Cheer Software Co Price-to-Tangible-Book Calculation

Beijing Join-Cheer Software 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 )
=4.93/1.448
=3.40

* 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.


Beijing Join-Cheer Software Co Price-to-Tangible-Book Related Terms

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


Beijing Join-Cheer Software Co (SZSE:002279) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Da Hui Si Road, Building 3, 3F, Haidian District, Beijing, Beijing, CHN, 100081
Beijing Join-Cheer Software Co Ltd is a management software provider that focuses on providing big data integrated services. The solutions provided by the company include government management and services, long time big data, long time report, and longtime DNA.

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