Tingyi (Cayman Islands) Holding (HKSE:00322) Price-to-Tangible-Book : 4.80 (As of May. 10, 2024)

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What is Tingyi (Cayman Islands) Holding Price-to-Tangible-Book?

As of today (2024-05-10), Tingyi (Cayman Islands) Holding's share price is HK$9.73. Tingyi (Cayman Islands) Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.03. Hence, Tingyi (Cayman Islands) Holding's Price to Tangible Book Ratio of today is 4.80.

The historical rank and industry rank for Tingyi (Cayman Islands) Holding's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00322' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.63 Med: 4.11 Max: 7.08
Current: 4.79

During the past 13 years, Tingyi (Cayman Islands) Holding's highest Price to Tangible Book Ratio was 7.08. The lowest was 2.63. And the median was 4.11.

HKSE:00322's Price-to-Tangible-Book is ranked worse than
83.22% of 1704 companies
in the Consumer Packaged Goods industry
Industry Median: 1.73 vs HKSE:00322: 4.79

A closely related ratio is called PB Ratio. As of today, Tingyi (Cayman Islands) Holding's share price is HK$9.73. Tingyi (Cayman Islands) Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.70. Hence, Tingyi (Cayman Islands) Holding's P/B Ratio of today is 3.61.

Tingyi (Cayman Islands) Holding Price-to-Tangible-Book Historical Data

The historical data trend for Tingyi (Cayman Islands) Holding'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.

Tingyi (Cayman Islands) Holding Price-to-Tangible-Book Chart

Tingyi (Cayman Islands) Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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4.26

3.60

4.88

7.08

4.70

Tingyi (Cayman Islands) Holding 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															4.88	4.27	7.08	5.19	4.70

Competitive Comparison of Tingyi (Cayman Islands) Holding's Price-to-Tangible-Book

For the Packaged Foods subindustry, Tingyi (Cayman Islands) Holding'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.

Tingyi (Cayman Islands) Holding's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tingyi (Cayman Islands) Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tingyi (Cayman Islands) Holding's Price-to-Tangible-Book falls into.

Tingyi (Cayman Islands) Holding Price-to-Tangible-Book Calculation

Tingyi (Cayman Islands) Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	9.73	/	2.027
	=	4.80

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.

Tingyi (Cayman Islands) Holding Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Tingyi (Cayman Islands) Holding's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Tingyi (Cayman Islands) Holding (HKSE:00322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tingyi (Cayman Islands) Holding Corp (HKSE:00322) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TYCMY:USA TCYMF:USA 910322:Taiwan TYG:Germany

Address

No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103

Website

https://www.masterkong.com.cn

Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

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