Tungtex (Holdings) Co (HKSE:00518) Price-to-Tangible-Book : 0.27 (As of Jun. 03, 2024)

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What is Tungtex (Holdings) Co Price-to-Tangible-Book?

As of today (2024-06-03), Tungtex (Holdings) Co's share price is HK$0.238. Tungtex (Holdings) Co's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.89. Hence, Tungtex (Holdings) Co's Price to Tangible Book Ratio of today is 0.27.

The historical rank and industry rank for Tungtex (Holdings) Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00518' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 0.71 Max: 1.07
Current: 0.27

During the past 13 years, Tungtex (Holdings) Co's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.27. And the median was 0.71.

HKSE:00518's Price-to-Tangible-Book is ranked better than
95.03% of 986 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.31 vs HKSE:00518: 0.27

A closely related ratio is called PB Ratio. As of today, Tungtex (Holdings) Co's share price is HK$0.238. Tungtex (Holdings) Co's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.89. Hence, Tungtex (Holdings) Co's P/B Ratio of today is 0.27.

Tungtex (Holdings) Co Price-to-Tangible-Book Historical Data

The historical data trend for Tungtex (Holdings) Co'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.

Tungtex (Holdings) Co Price-to-Tangible-Book Chart

Tungtex (Holdings) Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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0.91

0.77

0.42

0.32

0.29

Tungtex (Holdings) Co 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															0.40	0.32	0.27	0.29	0.31

Competitive Comparison of Tungtex (Holdings) Co's Price-to-Tangible-Book

For the Apparel Manufacturing subindustry, Tungtex (Holdings) Co'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.

Tungtex (Holdings) Co's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Tungtex (Holdings) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tungtex (Holdings) Co's Price-to-Tangible-Book falls into.

Tungtex (Holdings) Co Price-to-Tangible-Book Calculation

Tungtex (Holdings) Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.238	/	0.885
	=	0.27

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.

Tungtex (Holdings) Co Price-to-Tangible-Book Related Terms

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

Tungtex (Holdings) Co (HKSE:00518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tungtex (Holdings) Co Ltd (HKSE:00518) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TUGHF:USA

Address

No. 83 Hung To Road, Office A, 26th Floor, EGL Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.tungtex.com

Tungtex (Holdings) Co Ltd is engaged in the business of manufacturing and sale of garments products. The operating segments of the group are North America, Asia, and Europe and others. Its customers are located in the PRC, the USA, Canada, European countries, and other countries, of which key revenue is generated from the USA. The company offers Silk-blended, Linen, Cotton, Synthetic items, and other products.

Executives

Webb David Michael	2201 Interest of corporation controlled by you
Preferable Situation Assets Limited	2101 Beneficial owner
Thomas Howel Gruffudd Rhys	2201 Interest of corporation controlled by you
Wykeham Capital Asia Value Fund	2101 Beneficial owner
Wykeham Capital Limited	2102 Investment manager
Corona Investments Limited	2101 Beneficial owner
Tung Wah Wing	2201 Interest of corporation controlled by you
Wong Fung Lin	2201 Interest of corporation controlled by you

Tungtex (Holdings) Co (HKSE:00518) Headlines

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