Wecon Holdings (HKSE:01793) Price-to-Tangible-Book : 0.44 (As of May. 22, 2024)

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What is Wecon Holdings Price-to-Tangible-Book?

As of today (2024-05-22), Wecon Holdings's share price is HK$0.15. Wecon Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.34. Hence, Wecon Holdings's Price to Tangible Book Ratio of today is 0.44.

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

HKSE:01793' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 0.53 Max: 1.34
Current: 0.44

During the past 8 years, Wecon Holdings's highest Price to Tangible Book Ratio was 1.34. The lowest was 0.42. And the median was 0.53.

HKSE:01793's Price-to-Tangible-Book is ranked better than
87.46% of 1507 companies
in the Construction industry
Industry Median: 1.37 vs HKSE:01793: 0.44

A closely related ratio is called PB Ratio. As of today, Wecon Holdings's share price is HK$0.15. Wecon Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.34. Hence, Wecon Holdings's P/B Ratio of today is 0.44.

Wecon Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Wecon 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.

Wecon Holdings Price-to-Tangible-Book Chart

Wecon Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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1.34

0.42

0.67

0.51

0.48

Wecon Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial									0.63	0.51	0.52	0.48	0.54

Competitive Comparison of Wecon Holdings's Price-to-Tangible-Book

For the Engineering & Construction subindustry, Wecon 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.

Wecon Holdings's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wecon Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Wecon Holdings Price-to-Tangible-Book Calculation

Wecon Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.15	/	0.343
	=	0.44

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.

Wecon Holdings Price-to-Tangible-Book Related Terms

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

Wecon Holdings (HKSE:01793) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wecon Holdings Ltd (HKSE:01793) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

244-252 Des Voeux Road Central, 18th Floor, Tung Hip Commercial Building, Hong Kong, HKG

Website

https://www.wecon.com.hk

Wecon Holdings Ltd is an investment holding company. The company's operating segment includes Building construction services and RMAA works services. The Building construction services provided by the group primarily consist of building works for new buildings, including residential, commercial, and industrial buildings. Its RMAA works services include the general upkeep, maintenance, improvement, refurbishment, alteration, and addition of existing facilities and components of buildings and their surroundings. It generates maximum revenue from the Construction contracts segment. Geographically, it derives revenue from Hong Kong.

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