Prosperous Industrial (Holdings) (HKSE:01731) Price-to-Tangible-Book : 0.65 (As of May. 12, 2024)

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What is Prosperous Industrial (Holdings) Price-to-Tangible-Book?

As of today (2024-05-12), Prosperous Industrial (Holdings)'s share price is HK$0.66. Prosperous Industrial (Holdings)'s Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.02. Hence, Prosperous Industrial (Holdings)'s Price to Tangible Book Ratio of today is 0.65.

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

HKSE:01731' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36 Med: 0.69 Max: 1.19
Current: 0.65

During the past 9 years, Prosperous Industrial (Holdings)'s highest Price to Tangible Book Ratio was 1.19. The lowest was 0.36. And the median was 0.69.

HKSE:01731's Price-to-Tangible-Book is ranked better than
79.39% of 990 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.33 vs HKSE:01731: 0.65

A closely related ratio is called PB Ratio. As of today, Prosperous Industrial (Holdings)'s share price is HK$0.66. Prosperous Industrial (Holdings)'s Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.04. Hence, Prosperous Industrial (Holdings)'s P/B Ratio of today is 0.64.

Prosperous Industrial (Holdings) Price-to-Tangible-Book Historical Data

The historical data trend for Prosperous Industrial (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.

Prosperous Industrial (Holdings) Price-to-Tangible-Book Chart

Prosperous Industrial (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.41

0.36

1.19

0.70

0.68

Prosperous Industrial (Holdings) Semi-Annual Data
	Dec15	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											1.19	0.97	0.70	0.83	0.68

Competitive Comparison of Prosperous Industrial (Holdings)'s Price-to-Tangible-Book

For the Footwear & Accessories subindustry, Prosperous Industrial (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.

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

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

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

Prosperous Industrial (Holdings) Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.66	/	1.021
	=	0.65

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.

Prosperous Industrial (Holdings) Price-to-Tangible-Book Related Terms

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

Prosperous Industrial (Holdings) (HKSE:01731) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Prosperous Industrial (Holdings) Ltd (HKSE:01731) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

71-75 Container Port Road, Unit 1-2, 1st Floor, Join-In Hang Sing Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.pihl.hk

Prosperous Industrial (Holdings) Ltd is an investment holding company principally engaged in the manufacturing and sale of sports bags, handbags and luggage bags. The company's products are categorized as outdoor and sporting bags including day packs and overnight backpacks, which are designed with larger volumes; functional bags such as camera backpacks with multiple pockets and waterproof hydration backpacks; fashion and casual bags, as well as other bags and packs. The company mainly operates its products to North America, Asia, and Europe market.

Prosperous Industrial (Holdings) (HKSE:01731) Headlines

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