China Tianbao Group Development Co (HKSE:01427) Price-to-Tangible-Book : 0.16 (As of Jun. 06, 2024)

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What is China Tianbao Group Development Co Price-to-Tangible-Book?

As of today (2024-06-06), China Tianbao Group Development Co's share price is HK$0.213. China Tianbao Group Development Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.37. Hence, China Tianbao Group Development Co's Price to Tangible Book Ratio of today is 0.16.

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

HKSE:01427' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15 Med: 1.66 Max: 1.94
Current: 0.16

During the past 8 years, China Tianbao Group Development Co's highest Price to Tangible Book Ratio was 1.94. The lowest was 0.15. And the median was 1.66.

HKSE:01427's Price-to-Tangible-Book is ranked better than
93.56% of 1709 companies
in the Real Estate industry
Industry Median: 0.83 vs HKSE:01427: 0.16

A closely related ratio is called PB Ratio. As of today, China Tianbao Group Development Co's share price is HK$0.213. China Tianbao Group Development Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.37. Hence, China Tianbao Group Development Co's P/B Ratio of today is 0.16.

China Tianbao Group Development Co Price-to-Tangible-Book Historical Data

The historical data trend for China Tianbao Group Development 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.

China Tianbao Group Development Co Price-to-Tangible-Book Chart

China Tianbao Group Development Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.66

1.70

1.94

0.23

0.15

China Tianbao Group Development Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								1.94	1.61	0.23	0.17	0.15

Competitive Comparison of China Tianbao Group Development Co's Price-to-Tangible-Book

For the Real Estate - Diversified subindustry, China Tianbao Group Development 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.

China Tianbao Group Development Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Tianbao Group Development Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Tianbao Group Development Co's Price-to-Tangible-Book falls into.

China Tianbao Group Development Co Price-to-Tangible-Book Calculation

China Tianbao Group Development Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.213	/	1.369
	=	0.16

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

China Tianbao Group Development Co Price-to-Tangible-Book Related Terms

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

China Tianbao Group Development Co (HKSE:01427) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Tianbao Group Development Co Ltd (HKSE:01427) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 33, Guanyun East Road, Hebei Province, Zhuozhou, CHN

Website

https://www.chinatbjt.com

China Tianbao Group Development Co Ltd is a property developer and construction company in Zhuozhou, a city in Hebei Province, China. The group operates through two segments: Property development and other business; and construction contracting businesses. The property development business is engaged in the development and sales of residential properties, and leasing and operation of an investment property. The construction contracting business provides construction contracting services mainly as a general contractor for building construction projects, infrastructure construction projects, and industrial and commercial construction projects.

Executives

Ai Xinting	2101 Beneficial owner
Jixiang International Industrial Company Limited	2101 Beneficial owner
Li Baotian	2201 Interest of corporation controlled by you
Zhou Chunlan	2202 Interest of your spouse

China Tianbao Group Development Co (HKSE:01427) Headlines

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