Wah Sun Handbags International Holdings (HKSE:02683) Price-to-Tangible-Book : 0.67 (As of May. 13, 2024)

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What is Wah Sun Handbags International Holdings Price-to-Tangible-Book?

As of today (2024-05-13), Wah Sun Handbags International Holdings's share price is HK$0.43. Wah Sun Handbags International Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.65. Hence, Wah Sun Handbags International Holdings's Price to Tangible Book Ratio of today is 0.67.

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

HKSE:02683' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37 Med: 0.58 Max: 2.14
Current: 0.66

During the past 9 years, Wah Sun Handbags International Holdings's highest Price to Tangible Book Ratio was 2.14. The lowest was 0.37. And the median was 0.58.

HKSE:02683's Price-to-Tangible-Book is ranked better than
79.37% of 989 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.34 vs HKSE:02683: 0.66

A closely related ratio is called PB Ratio. As of today, Wah Sun Handbags International Holdings's share price is HK$0.43. Wah Sun Handbags International Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.65. Hence, Wah Sun Handbags International Holdings's P/B Ratio of today is 0.67.

Wah Sun Handbags International Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Wah Sun Handbags International 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.

Wah Sun Handbags International Holdings Price-to-Tangible-Book Chart

Wah Sun Handbags International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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0.94

0.40

0.47

0.61

0.55

Wah Sun Handbags International Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial											0.50	0.61	0.83	0.55	0.37

Competitive Comparison of Wah Sun Handbags International Holdings's Price-to-Tangible-Book

For the Footwear & Accessories subindustry, Wah Sun Handbags International 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.

Wah Sun Handbags International Holdings's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Wah Sun Handbags International Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Wah Sun Handbags International Holdings's Price-to-Tangible-Book falls into.

Wah Sun Handbags International Holdings Price-to-Tangible-Book Calculation

Wah Sun Handbags International 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 )
	=	0.43	/	0.646
	=	0.67

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.

Wah Sun Handbags International Holdings Price-to-Tangible-Book Related Terms

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

Wah Sun Handbags International Holdings (HKSE:02683) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wah Sun Handbags International Holdings Ltd (HKSE:02683) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-32 Au Pui Wan Street, Room 9, 6th Floor. Wah Yiu Industrial Centre, Fo Tan, Shatin, New Territories, Hong Kong, HKG

Website

http://www.wahsun.com.hk

Wah Sun Handbags International Holdings Ltd is an investment holding company. It is engaged in the manufacturing and trading of handbag products. Geographically, it derives a majority of revenue from the United States of America and also has a presence in Spain and Other countries. Its non-leather handbags are made of materials such as PU, PVC and various types of textile materials, which are mainly mass market and middle-end priced products.

Wah Sun Handbags International Holdings (HKSE:02683) Headlines

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