New Times Energy (HKSE:00166) Price-to-Tangible-Book : 0.60 (As of May. 26, 2024)

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What is New Times Energy Price-to-Tangible-Book?

As of today (2024-05-26), New Times Energy's share price is HK$0.081. New Times Energy's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.14. Hence, New Times Energy's Price to Tangible Book Ratio of today is 0.60.

The historical rank and industry rank for New Times Energy's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00166' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.09 Med: 0.5 Max: 0.82
Current: 0.6

During the past 13 years, New Times Energy's highest Price to Tangible Book Ratio was 0.82. The lowest was 0.09. And the median was 0.50.

HKSE:00166's Price-to-Tangible-Book is ranked better than
80.73% of 2221 companies
in the Metals & Mining industry
Industry Median: 1.38 vs HKSE:00166: 0.60

A closely related ratio is called PB Ratio. As of today, New Times Energy's share price is HK$0.081. New Times Energy's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.14. Hence, New Times Energy's P/B Ratio of today is 0.60.

New Times Energy Price-to-Tangible-Book Historical Data

The historical data trend for New Times Energy'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.

New Times Energy Price-to-Tangible-Book Chart

New Times Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.82

0.75

0.49

0.65

0.51

New Times Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.49	0.68	0.65	0.76	0.51

Competitive Comparison of New Times Energy's Price-to-Tangible-Book

For the Other Industrial Metals & Mining subindustry, New Times Energy'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.

New Times Energy's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Times Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where New Times Energy's Price-to-Tangible-Book falls into.

New Times Energy Price-to-Tangible-Book Calculation

New Times Energy's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.081	/	0.136
	=	0.60

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.

New Times Energy Price-to-Tangible-Book Related Terms

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

New Times Energy (HKSE:00166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Times Energy Corp Ltd (HKSE:00166) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-18 Queen’s Road Central, Room 1402, 14th Floor, New World Tower I, Hong Kong, HKG

Website

https://www.nt-energy.com

New Times Energy Corp Ltd is an investment holding company. The company's operating segment includes Upstream, which is engaged in the exploration, development, production, and sale of crude oil; and the General and commodities trading segment includes trading of non-ferrous metals, gold, and petroleum-related products. The Company operates its business through two segments. The General and Commodities Refinery and Trading segment and The Upstream segment. It generates maximum revenue from the Commodities trading segment. The company's geographical segments are Hong Kong, Mainland China, Argentina, Singapore, and the United Arab Emirates, of which Hong Kong accounts for the majority of its revenue.

Executives

Elberta Holdings Limited	2101 Beneficial owner
Cheng Yu Tung Family (holdings Ii) Limited	2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited	2201 Interest of corporation controlled by you
Chow Tai Fook Nominee Limited	2201 Interest of corporation controlled by you
Max Sun Enterprises Limited	2101 Beneficial owner

New Times Energy (HKSE:00166) Headlines

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