China ITS (Holdings) Co (HKSE:01900) Price-to-Tangible-Book : 0.17 (As of May. 23, 2024)

View and export this data going back to 2010. Start your Free Trial

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

As of today (2024-05-23), China ITS (Holdings) Co's share price is HK$0.189. China ITS (Holdings) Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.09. Hence, China ITS (Holdings) Co's Price to Tangible Book Ratio of today is 0.17.

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

HKSE:01900' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.11 Med: 0.16 Max: 0.67
Current: 0.17

During the past 13 years, China ITS (Holdings) Co's highest Price to Tangible Book Ratio was 0.67. The lowest was 0.11. And the median was 0.16.

HKSE:01900's Price-to-Tangible-Book is ranked better than
99.14% of 2085 companies
in the Software industry
Industry Median: 3.57 vs HKSE:01900: 0.17

A closely related ratio is called PB Ratio. As of today, China ITS (Holdings) Co's share price is HK$0.189. China ITS (Holdings) Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.24. Hence, China ITS (Holdings) Co's P/B Ratio of today is 0.15.

China ITS (Holdings) Co Price-to-Tangible-Book Historical Data

The historical data trend for China ITS (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.

China ITS (Holdings) Co Price-to-Tangible-Book Chart

China ITS (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.15

0.14

0.13

0.11

China ITS (Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	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															0.14	0.13	0.13	0.12	0.11

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

For the Information Technology Services subindustry, China ITS (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.

China ITS (Holdings) Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, China ITS (Holdings) Co's Price-to-Tangible-Book distribution charts can be found below:

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

China ITS (Holdings) Co Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.189	/	1.092
	=	0.17

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

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

China ITS (Holdings) Co (HKSE:01900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » China ITS (Holdings) Co Ltd (HKSE:01900) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao North Road, Building 204, No. A10, Chaoyang District, Beijing, CHN, 100015

Website

http://www.its.cn

China ITS (Holdings) Co Ltd and its subsidiaries are mainly a provider of products, specialized solutions, and services related to infrastructure technology in the railway and electric power sectors. The operating business segments are Railway business which is engaged in the provision of products and specialized solutions mainly including railway communication products and energy-base products. The Electric power business segment is engaged in the provision of products and specialized solutions related to electric power equipment for customers in the electric power infrastructure construction area. Geographically, the company operates in China and Myanmar.

China ITS (Holdings) Co (HKSE:01900) Headlines

No Headlines