Carote

Carote P/TBV

The Price to Tangible Book Value (P/TBV) of Carote (2549.HK) as of Oct 28, 2026 is 1.46. In the previous year, Price to Tangible Book Value (P/TBV) was 1.91 — a change of -23.41% (lower).

P/TBV

1.46

YoY

-23.41%

Last updated:

Price to Tangible Book Value (P/TBV) of Carote is 2025 1.46 . Price to Tangible Book Value (P/TBV) of Carote was 2024 1.91 . It decreases by -23.41% lower compared to the previous year.

The Carote P/TBV history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/TBV
Date
P/TBV
Jan 1, 2021
29.22 CNY
Jan 1, 2022
17.43 CNY
Jan 1, 2023
10.78 CNY
Jan 1, 2024
1.91 CNY
Jan 1, 2025
1.46 CNY
The Carote P/TBV history
YEARP/TBVYoY
1.46-23.41%
1.91-82.27%
10.78-38.19%
17.43-40.33%
29.22—

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Carote Stock analysis

What does Carote do? Carote Ltd, based in Hangzhou, Zhejiang, is an investment holding company specializing in cookware, kitchen utensils, drinkware, and small kitchen appliances. The company operates through two segments: Branded Business, focusing on online sales of its CAROTE brand products, and ODM Business, offering customized design, development, and manufacturing solutions. Its main products include non-stick cookware, cast iron pots, kitchen organizers, containers, knives, drinkware, and small appliances like air fryers. Carote is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Carote stock

Price to Tangible Book Value (P/TBV) of Carote is 1.46 in 2025.

Price to Tangible Book Value (P/TBV) of Carote changed from 1.91 to 1.46, representing a -23.41% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Price to Tangible Book Value (P/TBV) Carote since 2006 – with annual values, charts, and detailed analysis.

P/TBV compares the stock price to tangible book value per share, excluding goodwill and intangibles. It provides a conservative asset-based valuation.

To evaluate Price to Tangible Book Value (P/TBV)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Price to Tangible Book Value (P/TBV).

A 'good' varies by industry and company stage. On Eulerpool, you can compare Price to Tangible Book Value (P/TBV)'s Carote with sector peers and the industry average to assess whether it is attractive.

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Valuation — Carote

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