GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Joyware Electronics Co Ltd (SZSE:300270) » Definitions » Price-to-Tangible-Book

Joyware Electronics Co (SZSE:300270) Price-to-Tangible-Book : 2.75 (As of May. 22, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Joyware Electronics Co Price-to-Tangible-Book?

As of today (2024-05-22), Joyware Electronics Co's share price is ¥5.98. Joyware Electronics Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.18. Hence, Joyware Electronics Co's Price to Tangible Book Ratio of today is 2.75.

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

SZSE:300270' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.88   Med: 2.99   Max: 11.52
Current: 2.74

During the past 13 years, Joyware Electronics Co's highest Price to Tangible Book Ratio was 11.52. The lowest was 1.88. And the median was 2.99.

SZSE:300270's Price-to-Tangible-Book is ranked worse than
58.44% of 871 companies
in the Business Services industry
Industry Median: 2.09 vs SZSE:300270: 2.74

A closely related ratio is called PB Ratio. As of today, Joyware Electronics Co's share price is ¥5.98. Joyware Electronics Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.22. Hence, Joyware Electronics Co's P/B Ratio of today is 2.69.


Joyware Electronics Co Price-to-Tangible-Book Historical Data

The historical data trend for Joyware Electronics 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.

Joyware Electronics Co Price-to-Tangible-Book Chart

Joyware Electronics 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 2.71 2.26 2.65 2.18 3.59

Joyware Electronics 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 2.90 3.26 3.26 3.59 3.08

Competitive Comparison of Joyware Electronics Co's Price-to-Tangible-Book

For the Security & Protection Services subindustry, Joyware Electronics 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.


Joyware Electronics Co's Price-to-Tangible-Book Distribution in the Business Services Industry

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

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



Joyware Electronics Co Price-to-Tangible-Book Calculation

Joyware Electronics 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 )
=5.98/2.178
=2.75

* 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.


Joyware Electronics Co Price-to-Tangible-Book Related Terms

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


Joyware Electronics Co (SZSE:300270) Business Description

Traded in Other Exchanges
N/A
Address
No.1819 Xixing Road, 19th, Joyware Building, Hangzhou, CHN, 310051
Joyware Electronics Co Ltd is a Chinese company engaged in providing digital video network monitoring solutions for highways, financial centers, safe cities, boutiques, supermarkets, and apartments. Its products include dome cameras, bullet cameras, fisheye cameras, PTZ cameras, license cameras, and starlight cameras; industrial Ethernet switches, optical transceivers, and wireless products; and storage products, such as NVR and DVR products. In addition, the company also offers OEM and ODM service to various security product companies. The company sells its products in China and other international countries.

Joyware Electronics Co (SZSE:300270) Headlines

No Headlines