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Nova Lifestyle (Nova Lifestyle) Price-to-Tangible-Book : 13.93 (As of May. 11, 2024)


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What is Nova Lifestyle Price-to-Tangible-Book?

As of today (2024-05-11), Nova Lifestyle's share price is $1.95. Nova Lifestyle's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.14. Hence, Nova Lifestyle's Price to Tangible Book Ratio of today is 13.93.

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

NVFY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.16   Med: 0.69   Max: 26.93
Current: 13.93

During the past 13 years, Nova Lifestyle's highest Price to Tangible Book Ratio was 26.93. The lowest was 0.16. And the median was 0.69.

NVFY's Price-to-Tangible-Book is ranked worse than
98.48% of 394 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.775 vs NVFY: 13.93

A closely related ratio is called PB Ratio. As of today, Nova Lifestyle's share price is $1.95. Nova Lifestyle's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.26. Hence, Nova Lifestyle's P/B Ratio of today is 7.53.


Nova Lifestyle Price-to-Tangible-Book Historical Data

The historical data trend for Nova Lifestyle'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.

Nova Lifestyle Price-to-Tangible-Book Chart

Nova Lifestyle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.34 0.55 0.49 26.93

Nova Lifestyle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.49 0.84 1.44 2.48 26.93

Competitive Comparison of Nova Lifestyle's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Nova Lifestyle'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.


Nova Lifestyle's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nova Lifestyle's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nova Lifestyle's Price-to-Tangible-Book falls into.



Nova Lifestyle Price-to-Tangible-Book Calculation

Nova Lifestyle's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.95/0.14
=13.93

* 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.


Nova Lifestyle Price-to-Tangible-Book Related Terms

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


Nova Lifestyle (Nova Lifestyle) Business Description

Traded in Other Exchanges
Address
6565 East Washington Boulevard, Commerce, CA, USA, 90040
Nova Lifestyle Inc is a designer and lifestyle furniture company. It distributes and retails contemporary styled residential and commercial furniture. The firms marketing and sales platform offers retail as well as online selection and purchase fulfillment internationally. The company also sells managed a variety of bedding foundation components. Its collection of lifestyle furniture brands includes Diamond Sofa. The firm's products are made in the United States and Asia. Its customers mainly comprise distributors and retailers having specific geographic coverages that deploy middle to high-end private label home furnishings. The Company operates in one business and industry segment: the design and sale of furniture.
Executives
Umesh Patel director 6565 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Min Su director, officer: Corporate Secretary C/O NOVA LIFESTYLE, INC., 6565 E WASHINGTON BLVD, COMMERCE CA 90040
Jeffrey Chuang officer: Chief Financial Officer C/O NOVA LIFESTYLE, INC., 6565 E. WASHINGTON BLVD, COMMERCE CA 90040
Steven Qiang Liu 10 percent owner 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Yuen Ching Ho 10 percent owner, officer: Chief Financial Officer 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Huy P La director 6565 E WASHINGTON BLVD, COMMERCE CA 90040
Joyal St. 10 percent owner 6565 E WASHINGTON BLVD #518, COMMERCE CA 90040
Ya Ming Wong director, 10 percent owner, officer: CEO and Chairman 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Thanh H Lam director, officer: President 6541 E. WASHINGTON BLVD, C/O NOVA LIFESTYLE, INC., COMMERCE CA 90040
Peter M Kam director 6541 E WASHINGTON BLVD, COMMERCE CA 90040
Bin Liu director 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
James R Talevich director 20202 WINDROW DR, LAKE FOREST CA 92630
Michael J Viotto director 444 E. HUNTINGTON DR., SUITE 105, ARCADIA CA 91006
Chung Shing Yam director 6541 E WASHINGTON BLVD, COMMERCE CA 90040
Alex Li director, 10 percent owner, officer: President & CEO NO. 6 JIEFANGNAN LU, HEXI DISTRICT, TIANJIN F4 30000

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