GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shenzhen TVT Digital Technology Co Ltd (SZSE:002835) » Definitions » Price-to-Tangible-Book

Shenzhen TVT Digital Technology Co (SZSE:002835) Price-to-Tangible-Book : 3.79 (As of May. 26, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Shenzhen TVT Digital Technology Co Price-to-Tangible-Book?

As of today (2024-05-26), Shenzhen TVT Digital Technology Co's share price is ¥17.72. Shenzhen TVT Digital Technology Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.68. Hence, Shenzhen TVT Digital Technology Co's Price to Tangible Book Ratio of today is 3.79.

The historical rank and industry rank for Shenzhen TVT Digital Technology Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:002835' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.43   Med: 3.6   Max: 6.56
Current: 3.79

During the past 13 years, Shenzhen TVT Digital Technology Co's highest Price to Tangible Book Ratio was 6.56. The lowest was 2.43. And the median was 3.60.

SZSE:002835's Price-to-Tangible-Book is ranked worse than
70.31% of 869 companies
in the Business Services industry
Industry Median: 2.07 vs SZSE:002835: 3.79

A closely related ratio is called PB Ratio. As of today, Shenzhen TVT Digital Technology Co's share price is ¥17.72. Shenzhen TVT Digital Technology Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.90. Hence, Shenzhen TVT Digital Technology Co's P/B Ratio of today is 3.62.


Shenzhen TVT Digital Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Shenzhen TVT Digital Technology 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.

Shenzhen TVT Digital Technology Co Price-to-Tangible-Book Chart

Shenzhen TVT Digital Technology Co 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 4.02 3.74 2.86 2.56 3.97

Shenzhen TVT Digital Technology 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 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 3.78 5.59 4.02 3.97 3.09

Competitive Comparison of Shenzhen TVT Digital Technology Co's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Shenzhen TVT Digital Technology 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.


Shenzhen TVT Digital Technology Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shenzhen TVT Digital Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shenzhen TVT Digital Technology Co's Price-to-Tangible-Book falls into.



Shenzhen TVT Digital Technology Co Price-to-Tangible-Book Calculation

Shenzhen TVT Digital Technology 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 )
=17.72/4.675
=3.79

* 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.


Shenzhen TVT Digital Technology Co Price-to-Tangible-Book Related Terms

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


Shenzhen TVT Digital Technology Co (SZSE:002835) Business Description

Traded in Other Exchanges
N/A
Address
Yuehai Street, Shenzhen Bay Science and Technology Park, 23rd Floor, Block B4, Building 9, Nanshan District, Guangdong, Shenzhen, CHN, 518057
Shenzhen TVT Digital Technology Co Ltd is a China-based company principally engaged in the research, development, manufacture and distribution of security video surveillance products. The company provides a range of HD analog, IP, and speed dome cameras; NVR products; hybrid DVR products; network storage server integrated platform, software decoders, and HD video encoders; and keyboard camera accessories. It also offers software solutions for CMS and mobile applications. The company serves schools, hospitals, commercial complexes, and industrial parks, as well as transportation, finance, and real estate industries.
Executives
Wang Lan Bo Supervisors
Liu Di Directors, executives
Liang Xue Jun Executives
Liu Jie Directors, executives
Yang Han Peng Directors, executives
Peng Xue Wu Independent director
Gu Ning Securities Affairs Representative

Shenzhen TVT Digital Technology Co (SZSE:002835) Headlines

No Headlines