China Education Group Holdings (HKSE:00839) Price-to-Tangible-Book : 1.68 (As of May. 12, 2024)

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What is China Education Group Holdings Price-to-Tangible-Book?

As of today (2024-05-12), China Education Group Holdings's share price is HK$5.04. China Education Group Holdings's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was HK$3.01. Hence, China Education Group Holdings's Price to Tangible Book Ratio of today is 1.68.

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

HKSE:00839' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.69 Med: 4.49 Max: 9.35
Current: 1.67

During the past 9 years, China Education Group Holdings's highest Price to Tangible Book Ratio was 9.35. The lowest was 1.69. And the median was 4.49.

HKSE:00839's Price-to-Tangible-Book is ranked better than
54.63% of 216 companies
in the Education industry
Industry Median: 1.935 vs HKSE:00839: 1.67

A closely related ratio is called PB Ratio. As of today, China Education Group Holdings's share price is HK$5.04. China Education Group Holdings's Book Value per Sharefor the quarter that ended in Aug. 2023 was HK$6.59. Hence, China Education Group Holdings's P/B Ratio of today is 0.76.

China Education Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for China Education Group Holdings'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.

China Education Group Holdings Price-to-Tangible-Book Chart

China Education Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Aug19

Aug20

Aug21

Aug22

Aug23

Price-to-Tangible-Book

Get a 7-Day Free Trial

9.35

6.54

6.19

2.79

2.22

China Education Group Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial													2.97	2.79	3.01	2.22	-

Competitive Comparison of China Education Group Holdings's Price-to-Tangible-Book

For the Education & Training Services subindustry, China Education Group Holdings'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.

China Education Group Holdings's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Education Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Education Group Holdings's Price-to-Tangible-Book falls into.

China Education Group Holdings Price-to-Tangible-Book Calculation

China Education Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	5.04	/	3.007
	=	1.68

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.

China Education Group Holdings Price-to-Tangible-Book Related Terms

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

China Education Group Holdings (HKSE:00839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Education Group Holdings Ltd (HKSE:00839) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CEGHF:USA C3W:Germany

Address

18 Harbour Road, Suite 6703–04, 67th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.chinaeducation.hk

China Education Group Holdings Ltd is a leading ultra-large-scale private education group in China with 30 years of experience in higher education operations. CEG's schools offer both higher vocational education and secondary vocational education. The school network spans domestic China and overseas. CEG also offers continuing education to full-time working adults. The group's total enrolled full-time students in China expanded more than 3 times over the last six years to about 248,000 as of August 2023. The rapid growth is primarily attributable to school acquisitions. CEG currently operates 14 schools, up from only 3 in 2017.

China Education Group Holdings (HKSE:00839) Headlines

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