WANG & LEE Group (WANG & LEE Group) Price-to-Tangible-Book : 1.77 (As of May. 16, 2024)

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What is WANG & LEE Group Price-to-Tangible-Book?

As of today (2024-05-16), WANG & LEE Group's share price is $0.5457. WANG & LEE Group's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.31. Hence, WANG & LEE Group's Price to Tangible Book Ratio of today is 1.77.

The historical rank and industry rank for WANG & LEE Group's Price-to-Tangible-Book or its related term are showing as below:

WLGS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.35 Med: 4.4 Max: 4.4
Current: 1.36

During the past 4 years, WANG & LEE Group's highest Price to Tangible Book Ratio was 4.40. The lowest was 1.35. And the median was 4.40.

WLGS's Price-to-Tangible-Book is ranked worse than
50.53% of 1506 companies
in the Construction industry
Industry Median: 1.37 vs WLGS: 1.36

A closely related ratio is called PB Ratio. As of today, WANG & LEE Group's share price is $0.5457. WANG & LEE Group's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.31. Hence, WANG & LEE Group's P/B Ratio of today is 1.77.

WANG & LEE Group Price-to-Tangible-Book Historical Data

The historical data trend for WANG & LEE Group'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.

WANG & LEE Group Price-to-Tangible-Book Chart

WANG & LEE Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.82

WANG & LEE Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	4.40	1.82

Competitive Comparison of WANG & LEE Group's Price-to-Tangible-Book

For the Engineering & Construction subindustry, WANG & LEE Group'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.

WANG & LEE Group's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, WANG & LEE Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where WANG & LEE Group's Price-to-Tangible-Book falls into.

WANG & LEE Group Price-to-Tangible-Book Calculation

WANG & LEE Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.5457	/	0.309
	=	1.77

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

WANG & LEE Group Price-to-Tangible-Book Related Terms

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

WANG & LEE Group (WANG & LEE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WANG & LEE Group Inc (NAS:WLGS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tai Yip Street, 5th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.wangnlee.com.hk

WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

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