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Hydsoft Technology Co (SZSE:301316) Price-to-Tangible-Book : 7.67 (As of May. 30, 2024)


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

As of today (2024-05-30), Hydsoft Technology Co's share price is ¥15.95. Hydsoft Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.08. Hence, Hydsoft Technology Co's Price to Tangible Book Ratio of today is 7.67.

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

SZSE:301316' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.56   Med: 11.06   Max: 15.04
Current: 7.67

During the past 8 years, Hydsoft Technology Co's highest Price to Tangible Book Ratio was 15.04. The lowest was 7.56. And the median was 11.06.

SZSE:301316's Price-to-Tangible-Book is ranked worse than
72.77% of 2086 companies
in the Software industry
Industry Median: 3.51 vs SZSE:301316: 7.67

A closely related ratio is called PB Ratio. As of today, Hydsoft Technology Co's share price is ¥15.95. Hydsoft Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.59. Hence, Hydsoft Technology Co's P/B Ratio of today is 6.16.


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

The historical data trend for Hydsoft 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.

Hydsoft Technology Co Price-to-Tangible-Book Chart

Hydsoft Technology Co Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 8.84 11.38

Hydsoft Technology Co Quarterly Data
Dec13 Dec14 Dec18 Dec19 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 12.93 10.74 15.04 11.38 9.66

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

For the Information Technology Services subindustry, Hydsoft 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.


Hydsoft Technology Co's Price-to-Tangible-Book Distribution in the Software Industry

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

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



Hydsoft Technology Co Price-to-Tangible-Book Calculation

Hydsoft 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 )
=15.95/2.08
=7.67

* 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.


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

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


Hydsoft Technology Co (SZSE:301316) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Liangzhan Road, Renhe Street, Room 309, 3rd Floor, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311107
Hydsoft Technology Co Ltd is engaged in providing professional information technology outsourcing services to customers.

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