Ronshine Service Holding Co (HKSE:02207) Price-to-Tangible-Book : 0.55 (As of May. 25, 2024)

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What is Ronshine Service Holding Co Price-to-Tangible-Book?

As of today (2024-05-25), Ronshine Service Holding Co's share price is HK$0.83. Ronshine Service Holding Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.52. Hence, Ronshine Service Holding Co's Price to Tangible Book Ratio of today is 0.55.

The historical rank and industry rank for Ronshine Service Holding Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:02207' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29 Med: 2.74 Max: 2.96
Current: 0.55

During the past 6 years, Ronshine Service Holding Co's highest Price to Tangible Book Ratio was 2.96. The lowest was 0.29. And the median was 2.74.

HKSE:02207's Price-to-Tangible-Book is ranked better than
68.18% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs HKSE:02207: 0.55

A closely related ratio is called PB Ratio. As of today, Ronshine Service Holding Co's share price is HK$0.83. Ronshine Service Holding Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.53. Hence, Ronshine Service Holding Co's P/B Ratio of today is 0.54.

Ronshine Service Holding Co Price-to-Tangible-Book Historical Data

The historical data trend for Ronshine Service Holding 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.

Ronshine Service Holding Co Price-to-Tangible-Book Chart

Ronshine Service Holding Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.96

2.74

0.29

Ronshine Service Holding Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					2.96	2.77	2.74	2.52	0.29

Competitive Comparison of Ronshine Service Holding Co's Price-to-Tangible-Book

For the Real Estate Services subindustry, Ronshine Service Holding 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.

Ronshine Service Holding Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ronshine Service Holding Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ronshine Service Holding Co's Price-to-Tangible-Book falls into.

Ronshine Service Holding Co Price-to-Tangible-Book Calculation

Ronshine Service Holding 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 )
	=	0.83	/	1.521
	=	0.55

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.

Ronshine Service Holding Co Price-to-Tangible-Book Related Terms

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

Ronshine Service Holding Co (HKSE:02207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ronshine Service Holding Co Ltd (HKSE:02207) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 226 Panyang Road, Room 401-3, Building No. 6, Minhang District, Shanghai, CHN

Website

http://www.rxswy.com

Ronshine Service Holding Co Ltd is principally engaged in the provision of property management services and related value-added services, including pre-delivery services, household assistance services, sales services, and other services in China. The company derives a majority of its revenue from the People's Republic of China.

Executives

Ou Zonghong	2307 Founder of a discretionary trust who can infl
Hsbc International Trustee Limited	2301 Trustee
Rongan Juxiang Co., Ltd	2201 Interest of corporation controlled by you
Rongxin Yipin Co., Ltd	2101 Beneficial owner
Fumei International Co., Ltd	2101 Beneficial owner

Ronshine Service Holding Co (HKSE:02207) Headlines

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