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Echo International Holdings Group (HKSE:08218) Price-to-Tangible-Book : 1.91 (As of May. 12, 2024)


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What is Echo International Holdings Group Price-to-Tangible-Book?

As of today (2024-05-12), Echo International Holdings Group's share price is HK$0.17. Echo International Holdings Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.09. Hence, Echo International Holdings Group's Price to Tangible Book Ratio of today is 1.91.

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

HKSE:08218' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5   Med: 5.46   Max: 185
Current: 1.89

During the past 11 years, Echo International Holdings Group's highest Price to Tangible Book Ratio was 185.00. The lowest was 1.50. And the median was 5.46.

HKSE:08218's Price-to-Tangible-Book is ranked better than
55.06% of 2303 companies
in the Hardware industry
Industry Median: 2.07 vs HKSE:08218: 1.89

A closely related ratio is called PB Ratio. As of today, Echo International Holdings Group's share price is HK$0.17. Echo International Holdings Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.09. Hence, Echo International Holdings Group's P/B Ratio of today is 1.89.


Echo International Holdings Group Price-to-Tangible-Book Historical Data

The historical data trend for Echo International Holdings Group'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.

Echo International Holdings Group Price-to-Tangible-Book Chart

Echo International Holdings Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.41 1.64 185.00 4.89 2.30

Echo International Holdings Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.72 - 2.30 - 1.98

Competitive Comparison of Echo International Holdings Group's Price-to-Tangible-Book

For the Scientific & Technical Instruments subindustry, Echo International Holdings Group'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.


Echo International Holdings Group's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Echo International Holdings Group's Price-to-Tangible-Book distribution charts can be found below:

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



Echo International Holdings Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.17/0.089
=1.91

* 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.

It can also be calculated from the numbers for the whole company:

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.


Echo International Holdings Group Price-to-Tangible-Book Related Terms

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


Echo International Holdings Group (HKSE:08218) Business Description

Traded in Other Exchanges
N/A
Address
9 Hoi Shing Road, Room 3207A, 32nd Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG
Echo International Holdings Group Ltd is an investment holding company. The company's operating segment includes the Trading of electronic products; Manufacturing and trading of electronic products and accessories, Provision of food catering services, and trading of timepieces. It generates maximum revenue from the Provision of food catering services segment. Its products include security alarm, indications board, buzzers, timer, fishing indicator, charge board, control board, fire alarm, LED lamp assembly, switch, printed circuit board, and others. Geographically, it derives a majority of revenue from Hong KongCountries.

Echo International Holdings Group (HKSE:08218) Headlines

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