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Hisense Home Appliances Group Co (SZSE:000921) Price-to-Tangible-Book : 4.31 (As of May. 25, 2024)


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What is Hisense Home Appliances Group Co Price-to-Tangible-Book?

As of today (2024-05-25), Hisense Home Appliances Group Co's share price is ¥39.69. Hisense Home Appliances Group Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥9.20. Hence, Hisense Home Appliances Group Co's Price to Tangible Book Ratio of today is 4.31.

The historical rank and industry rank for Hisense Home Appliances Group Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:000921' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.45   Med: 2.77   Max: 5.33
Current: 4.31

During the past 13 years, Hisense Home Appliances Group Co's highest Price to Tangible Book Ratio was 5.33. The lowest was 1.45. And the median was 2.77.

SZSE:000921's Price-to-Tangible-Book is ranked worse than
83.42% of 392 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.75 vs SZSE:000921: 4.31

A closely related ratio is called PB Ratio. As of today, Hisense Home Appliances Group Co's share price is ¥39.69. Hisense Home Appliances Group Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥10.31. Hence, Hisense Home Appliances Group Co's P/B Ratio of today is 3.85.


Hisense Home Appliances Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Hisense Home Appliances Group 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.

Hisense Home Appliances Group Co Price-to-Tangible-Book Chart

Hisense Home Appliances Group 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 2.52 2.49 2.44 1.83 2.36

Hisense Home Appliances Group 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 2.76 3.51 2.81 2.36 3.31

Competitive Comparison of Hisense Home Appliances Group Co's Price-to-Tangible-Book

For the Furnishings, Fixtures & Appliances subindustry, Hisense Home Appliances Group 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.


Hisense Home Appliances Group Co's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Hisense Home Appliances Group Co's Price-to-Tangible-Book falls into.



Hisense Home Appliances Group Co Price-to-Tangible-Book Calculation

Hisense Home Appliances Group 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 )
=39.69/9.201
=4.31

* 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.


Hisense Home Appliances Group Co Price-to-Tangible-Book Related Terms

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


Hisense Home Appliances Group Co (SZSE:000921) Business Description

Traded in Other Exchanges
Address
No. 8 Ronggang Road, Ronggui Street, Shunde District, Guangdong Province, Foshan, CHN, 528303
Hisense Home Appliances Group Co Ltd is a manufacturer of white household electrical appliances in the People's Republic of China, with eight brand names, namely Hisense, Ronshen, KELON, HITACHI, YORK, Gorenje, ASKO, and SANDEN. The company produces electrical appliances like refrigerators, air-conditioners, freezers, washing machines, and Kitchen electrical appliances. The businesses of the Company are set out as follows: HVAC Business Work; Refrigerator and Washing Machine Business Work; Automotive Air Conditioner Compressor and Integrated Thermal Management System Business Work; Smart Home Business Work; Overseas Markets for Home Appliances Business Work and Implementing the Manufacturing Work. The majority of the company's revenue is generated from the domestic market.
Executives
Tang Ye Guo Directors, executives
Fan Wei Supervisors
Dai Hui Zhong Director
Jia Shao Qian Directors, executives
Wang Zhi Gang Executives
Xiao Jian Lin Directors, executives
Wang Jiu Cun Executives

Hisense Home Appliances Group Co (SZSE:000921) Headlines

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