Advancecon Holdings Bhd (XKLS:5281) Price-to-Tangible-Book : 0.92 (As of May. 24, 2024)

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What is Advancecon Holdings Bhd Price-to-Tangible-Book?

As of today (2024-05-24), Advancecon Holdings Bhd's share price is RM0.285. Advancecon Holdings Bhd's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was RM0.31. Hence, Advancecon Holdings Bhd's Price to Tangible Book Ratio of today is 0.92.

The historical rank and industry rank for Advancecon Holdings Bhd's Price-to-Tangible-Book or its related term are showing as below:

XKLS:5281' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63 Med: 0.82 Max: 1.98
Current: 0.92

During the past 8 years, Advancecon Holdings Bhd's highest Price to Tangible Book Ratio was 1.98. The lowest was 0.63. And the median was 0.82.

XKLS:5281's Price-to-Tangible-Book is ranked better than
64.97% of 1510 companies
in the Construction industry
Industry Median: 1.335 vs XKLS:5281: 0.92

A closely related ratio is called PB Ratio. As of today, Advancecon Holdings Bhd's share price is RM0.285. Advancecon Holdings Bhd's Book Value per Sharefor the quarter that ended in Dec. 2023 was RM0.31. Hence, Advancecon Holdings Bhd's P/B Ratio of today is 0.92.

Advancecon Holdings Bhd Price-to-Tangible-Book Historical Data

The historical data trend for Advancecon Holdings Bhd'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.

Advancecon Holdings Bhd Price-to-Tangible-Book Chart

Advancecon Holdings Bhd Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.82

0.86

0.68

0.63

0.92

Advancecon Holdings Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.63	0.71	0.97	0.83	0.92

Competitive Comparison of Advancecon Holdings Bhd's Price-to-Tangible-Book

For the Engineering & Construction subindustry, Advancecon Holdings Bhd'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.

Advancecon Holdings Bhd's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Advancecon Holdings Bhd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Advancecon Holdings Bhd's Price-to-Tangible-Book falls into.

Advancecon Holdings Bhd Price-to-Tangible-Book Calculation

Advancecon Holdings Bhd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.285	/	0.309
	=	0.92

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.

Advancecon Holdings Bhd Price-to-Tangible-Book Related Terms

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

Advancecon Holdings Bhd (XKLS:5281) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Advancecon Holdings Bhd (XKLS:5281) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 16, 18 & 20, Jalan Pekaka 8/3, Seksyen 8, Kota Damansara, Petaling Jaya, SGR, MYS, 47810

Website

https://www.advancecon.com.my

Advancecon Holdings Bhd is a construction company. It is involved in the provision of earthworks and civil engineering services, which is a sub-sector of the construction industry in Malaysia. The group's wide range of earthworks services encompasses site clearing, excavation and fill, soil investigation, rock blasting works and embankment construction. The company has following reportable segments: Construction and Support Services and Property Investments, Green Energy and Quarry Operations, Centralised Labour Quarter. It derives majority of its revenue from Construction and Support Services segment. Further, it is also involved in the New Energy division, which focuses on development and/or operation of power generation from renewable energy, solar and other renewable energy projects.

Advancecon Holdings Bhd (XKLS:5281) Headlines

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