Sincere Watch (Hong Kong) (HKSE:00444) Price-to-Tangible-Book : 0.62 (As of May. 21, 2024)

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What is Sincere Watch (Hong Kong) Price-to-Tangible-Book?

As of today (2024-05-21), Sincere Watch (Hong Kong)'s share price is HK$0.018. Sincere Watch (Hong Kong)'s Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.03. Hence, Sincere Watch (Hong Kong)'s Price to Tangible Book Ratio of today is 0.62.

The historical rank and industry rank for Sincere Watch (Hong Kong)'s Price-to-Tangible-Book or its related term are showing as below:

HKSE:00444' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4 Med: 0.83 Max: 7.16
Current: 0.6

During the past 13 years, Sincere Watch (Hong Kong)'s highest Price to Tangible Book Ratio was 7.16. The lowest was 0.40. And the median was 0.83.

HKSE:00444's Price-to-Tangible-Book is ranked better than
84.5% of 974 companies
in the Retail - Cyclical industry
Industry Median: 1.82 vs HKSE:00444: 0.60

A closely related ratio is called PB Ratio. As of today, Sincere Watch (Hong Kong)'s share price is HK$0.018. Sincere Watch (Hong Kong)'s Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.03. Hence, Sincere Watch (Hong Kong)'s P/B Ratio of today is 0.62.

Sincere Watch (Hong Kong) Price-to-Tangible-Book Historical Data

The historical data trend for Sincere Watch (Hong Kong)'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.

Sincere Watch (Hong Kong) Price-to-Tangible-Book Chart

Sincere Watch (Hong Kong) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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0.40

0.72

0.58

0.62

1.03

Sincere Watch (Hong Kong) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.48	0.62	0.49	1.03	1.21

Competitive Comparison of Sincere Watch (Hong Kong)'s Price-to-Tangible-Book

For the Luxury Goods subindustry, Sincere Watch (Hong Kong)'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.

Sincere Watch (Hong Kong)'s Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sincere Watch (Hong Kong)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sincere Watch (Hong Kong)'s Price-to-Tangible-Book falls into.

Sincere Watch (Hong Kong) Price-to-Tangible-Book Calculation

Sincere Watch (Hong Kong)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.018	/	0.029
	=	0.62

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.

Sincere Watch (Hong Kong) Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Sincere Watch (Hong Kong)'s Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Sincere Watch (Hong Kong) (HKSE:00444) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sincere Watch (Hong Kong) Ltd (HKSE:00444) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

20/F China Merchants Tower, Shun Tak Centre, Unit 2016–2018, 168–200 Connaught Road Central, Hong Kong, HKG

Website

http://www.sincerewatch.com.hk

Sincere Watch (Hong Kong) Ltd sells luxury third-party-branded watches, timepieces, and accessories in Asia. The majority of its sales are in Mainland China and Macau, with the remaining sales in Hong Kong. Brands that Sincere sells include Franck Muller, CVSTOS, Pierre Kunz, European Company Watch, and Backes & Strauss. The company sells merchandise through retail outlets operated by independent watch dealers and through its company-operated boutiques. Sincere also has a dining business that accounts for a small amount of total revenue.

Sincere Watch (Hong Kong) (HKSE:00444) Headlines

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