China Conch Venture Holdings (HKSE:00586) Price-to-Tangible-Book : 0.36 (As of Apr. 28, 2024)

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What is China Conch Venture Holdings Price-to-Tangible-Book?

As of today (2024-04-28), China Conch Venture Holdings's share price is HK$5.68. China Conch Venture Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$15.99. Hence, China Conch Venture Holdings's Price to Tangible Book Ratio of today is 0.36.

The historical rank and industry rank for China Conch Venture Holdings's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00586' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36 Med: 1.11 Max: 1.44
Current: 0.36

During the past 12 years, China Conch Venture Holdings's highest Price to Tangible Book Ratio was 1.44. The lowest was 0.36. And the median was 1.11.

HKSE:00586's Price-to-Tangible-Book is ranked better than
96.85% of 2823 companies
in the Industrial Products industry
Industry Median: 2.09 vs HKSE:00586: 0.36

A closely related ratio is called PB Ratio. As of today, China Conch Venture Holdings's share price is HK$5.68. China Conch Venture Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$27.99. Hence, China Conch Venture Holdings's P/B Ratio of today is 0.20.

China Conch Venture Holdings Price-to-Tangible-Book Historical Data

The historical data trend for China Conch Venture Holdings'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 Conch Venture Holdings Price-to-Tangible-Book Chart

China Conch Venture Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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1.44

1.29

1.17

0.98

0.41

China Conch Venture Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.17	0.95	0.98	0.62	0.41

Competitive Comparison of China Conch Venture Holdings's Price-to-Tangible-Book

For the Pollution & Treatment Controls subindustry, China Conch Venture Holdings'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 Conch Venture Holdings's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Conch Venture Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Conch Venture Holdings's Price-to-Tangible-Book falls into.

China Conch Venture Holdings Price-to-Tangible-Book Calculation

China Conch Venture Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	5.68	/	15.992
	=	0.36

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 Conch Venture Holdings Price-to-Tangible-Book Related Terms

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

China Conch Venture Holdings (HKSE:00586) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Conch Venture Holdings Ltd (HKSE:00586) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CCVTF:USA 68C:Germany

Address

1011 Jiuhua South Road, Anhui Province, Wuhu, CHN, 241070

Website

http://www.conchventure.com

China Conch Venture Holdings Ltd is a Hong Kong-based investment holding company engaged in the provision of environmental and energy-saving and environmental protection. The principal activities of the group are environmental protection sector, new energy, new building materials and port logistics. The group focuses on the development of the grate furnace power generation and new energy sectors. Its segment comprises of Waste-to-energy projects, port logistics services, New building materials, Investments, New energy material and solid waste solutions. Majority of revenue is generated from Waste-to-energy projects segment. Waste-to-energy projects segment includes waste incineration solutions, manufacturing and sales of residual heat power generation, vertical mills and related services.

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