Tian Yuan Group Holdings (HKSE:06119) Price-to-Tangible-Book : 1.65 (As of Jun. 06, 2024)

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What is Tian Yuan Group Holdings Price-to-Tangible-Book?

As of today (2024-06-06), Tian Yuan Group Holdings's share price is HK$0.75. Tian Yuan Group Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.45. Hence, Tian Yuan Group Holdings's Price to Tangible Book Ratio of today is 1.65.

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

HKSE:06119' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62 Med: 0.67 Max: 1.82
Current: 1.67

During the past 9 years, Tian Yuan Group Holdings's highest Price to Tangible Book Ratio was 1.82. The lowest was 0.62. And the median was 0.67.

HKSE:06119's Price-to-Tangible-Book is ranked worse than
57.13% of 877 companies
in the Transportation industry
Industry Median: 1.4 vs HKSE:06119: 1.67

A closely related ratio is called PB Ratio. As of today, Tian Yuan Group Holdings's share price is HK$0.75. Tian Yuan Group Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.54. Hence, Tian Yuan Group Holdings's P/B Ratio of today is 1.40.

Tian Yuan Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Tian Yuan Group 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.

Tian Yuan Group Holdings Price-to-Tangible-Book Chart

Tian Yuan Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.01

0.62

0.65

0.66

0.67

Tian Yuan Group Holdings Semi-Annual Data
	Dec15	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											0.65	0.75	0.66	0.89	0.67

Competitive Comparison of Tian Yuan Group Holdings's Price-to-Tangible-Book

For the Marine Shipping subindustry, Tian Yuan Group 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.

Tian Yuan Group Holdings's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Tian Yuan Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Tian Yuan Group Holdings Price-to-Tangible-Book Calculation

Tian Yuan Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.75	/	0.454
	=	1.65

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.

Tian Yuan Group Holdings Price-to-Tangible-Book Related Terms

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

Tian Yuan Group Holdings (HKSE:06119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tian Yuan Group Holdings Ltd (HKSE:06119) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

168 Renmin South Road, Maoming, CHN

Website

https://www.tianyuangroupholdings.com

Tian Yuan Group Holdings Ltd is engaged in the provision of bulk and general cargo uploading and unloading services supply and sales of oil products and related ancillary value-added port services in The People's Republic of China. Cargo uploading and unloading services handle bulk cargo such as coal, quartz sand, oil products, grain, asphalt, and kaolinite, as well as a small portion of break bulk cargo and neo-bulk cargo. Related ancillary value-added port services consist of storage services at oil tanks and grain barns as well as leasing of shovel trucks. It operates in two segments: Cargo handling and ancillary services and Sales of oil products. The company generates a majority of its revenue from Cargo handling and ancillary service segment.

Executives

Huang Yongcheng	2101 Beneficial owner
Sino Ford Enterprises Limited
Yang Jinming
Zhang Dan

Tian Yuan Group Holdings (HKSE:06119) Headlines

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