Gala Technology Holding (HKSE:02458) Price-to-Tangible-Book : 2.10 (As of Jun. 06, 2024)

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What is Gala Technology Holding Price-to-Tangible-Book?

As of today (2024-06-06), Gala Technology Holding's share price is HK$3.98. Gala Technology Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.90. Hence, Gala Technology Holding's Price to Tangible Book Ratio of today is 2.10.

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

HKSE:02458' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.06 Med: 2.56 Max: 2.56
Current: 2.09

During the past 5 years, Gala Technology Holding's highest Price to Tangible Book Ratio was 2.56. The lowest was 2.06. And the median was 2.56.

HKSE:02458's Price-to-Tangible-Book is ranked better than
60.36% of 449 companies
in the Interactive Media industry
Industry Median: 2.72 vs HKSE:02458: 2.09

A closely related ratio is called PB Ratio. As of today, Gala Technology Holding's share price is HK$3.98. Gala Technology Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.64. Hence, Gala Technology Holding's P/B Ratio of today is 1.51.

Gala Technology Holding Price-to-Tangible-Book Historical Data

The historical data trend for Gala Technology Holding'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.

Gala Technology Holding Price-to-Tangible-Book Chart

Gala Technology Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.56

Gala Technology Holding Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	2.66	2.56

Competitive Comparison of Gala Technology Holding's Price-to-Tangible-Book

For the Electronic Gaming & Multimedia subindustry, Gala Technology Holding'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.

Gala Technology Holding's Price-to-Tangible-Book Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gala Technology Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Gala Technology Holding's Price-to-Tangible-Book falls into.

Gala Technology Holding Price-to-Tangible-Book Calculation

Gala Technology Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.98	/	1.899
	=	2.10

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.

Gala Technology Holding Price-to-Tangible-Book Related Terms

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

Gala Technology Holding (HKSE:02458) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gala Technology Holding Ltd (HKSE:02458) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3040, Aohai Avenue, Nanshan Street, 4203–4204, Qianhai Shimao Finance Centre II, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN

Website

https://www.galasports.com

Gala Technology Holding Ltd is a mobile game developer, publisher and operator in China with a focus on mobile sports simulation games for global markets. The overall online sports game market includes all sports-themed games accessible to users on the internet, whereas, mobile sports simulation games refer specifically to online sports simulation games that are available on portable devices, such as tablets and smartphones. The Group's operations are operated and managed as a single segment, which is mobile sports game development, publishing and operation mainly in the PRC. The majority of revenue is from Web-based and mobile online game revenue.

Executives

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Bei Jing Zhui Yuan Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Zhui Yuan Cai Fu Zi Ben He Huo Qi Ye You Xian He Huo
Su Zhou Fu De Bo Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo
Song Yu Bo
Lu Yao Ping

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