Addentax Group Corp., together with its subsidiaries, operates as a logistic service provider in the People's Republic of China and the United States. It operates through four segments: Garment Manufacturing, Logistics Services, Property Management and Subleasing, and Epidemic Prevention Supplies. The company manufactures garments; and provides logistic services, such as storage, transportation, warehousing, handling, packaging, and order processing, as well as customs declaration and tax clearance services. It also manufactures, distributes, and trades in epidemic prevention supplies; and offers shop subleasing and property management services for garment wholesalers and retailers in the garment market. The company is based in Shenzhen, China.
P/B ratio for Addentax Group Corp. (ATXG)
P/B ratio as of 2023: 0.15
According to Addentax Group Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.15. At the end of 2022 the company had a P/B ratio of 0.13.
P/B ratio history for Addentax Group Corp. from 2014 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.15 |
| 2022 | 0.13 |
| 2021 | -280.52 |
| 2020 | -221.76 |
| 2019 | -3.39 |
| 2018 | -6.10 |
| 2017 | -91.76 |
| 2016 | -10402.12 |
| 2015 | 299.44 |
| 2014 | 2685.86 |