IEIT Systems Co (SZSE:000977) Price-to-Tangible-Book : 3.22 (As of May. 08, 2024)

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What is IEIT Systems Co Price-to-Tangible-Book?

As of today (2024-05-08), IEIT Systems Co's share price is ¥39.04. IEIT Systems Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥12.12. Hence, IEIT Systems Co's Price to Tangible Book Ratio of today is 3.22.

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

SZSE:000977' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.77 Med: 4.14 Max: 14.23
Current: 3.22

During the past 13 years, IEIT Systems Co's highest Price to Tangible Book Ratio was 14.23. The lowest was 1.77. And the median was 4.14.

SZSE:000977's Price-to-Tangible-Book is ranked worse than
71.19% of 2305 companies
in the Hardware industry
Industry Median: 2.07 vs SZSE:000977: 3.22

A closely related ratio is called PB Ratio. As of today, IEIT Systems Co's share price is ¥39.04. IEIT Systems Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.42. Hence, IEIT Systems Co's P/B Ratio of today is 3.14.

IEIT Systems Co Price-to-Tangible-Book Historical Data

The historical data trend for IEIT Systems Co'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.

IEIT Systems Co Price-to-Tangible-Book Chart

IEIT Systems Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.20

2.81

3.53

1.86

2.79

IEIT Systems Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.01	4.15	3.33	2.79	3.54

Competitive Comparison of IEIT Systems Co's Price-to-Tangible-Book

For the Computer Hardware subindustry, IEIT Systems Co'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.

IEIT Systems Co's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, IEIT Systems Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where IEIT Systems Co's Price-to-Tangible-Book falls into.

IEIT Systems Co Price-to-Tangible-Book Calculation

IEIT Systems Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	39.04	/	12.118
	=	3.22

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.

IEIT Systems Co Price-to-Tangible-Book Related Terms

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

IEIT Systems Co (SZSE:000977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IEIT Systems Co Ltd (SZSE:000977) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

1036 Langchao Road, Shandong Province, Jinan, CHN, 250101

Website

http://www.inspur.com

IEIT Systems Co Ltd formerly Inspur Electronic Information Industry Co Ltd is a China-based cloud computing, big data service provider. It is engaged in providing cloud computing solutions and services at IaaS, PaaS and SaaS levels. Its products include rack servers, blade systems, mission-critical systems, storage devices, mainframe security products and others. The company assists customers to build platforms underpinned by cloud computing infrastructure and based on its information software for governments, enterprises, and industries, terminal products, and solutions, the company support governments, enterprises, and industries in cloud construction. The company ships its IT products and services internationally.

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