GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JiangXi Bank Co Ltd (HKSE:01916) » Definitions » Price-to-Tangible-Book

JiangXi Bank Co (HKSE:01916) Price-to-Tangible-Book : 0.09 (As of Apr. 30, 2024)


View and export this data going back to 2018. Start your Free Trial

What is JiangXi Bank Co Price-to-Tangible-Book?

As of today (2024-04-30), JiangXi Bank Co's share price is HK$0.76. JiangXi Bank Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$8.43. Hence, JiangXi Bank Co's Price to Tangible Book Ratio of today is 0.09.

The historical rank and industry rank for JiangXi Bank Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01916' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.09   Med: 0.41   Max: 1.12
Current: 0.09

During the past 9 years, JiangXi Bank Co's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.09. And the median was 0.41.

HKSE:01916's Price-to-Tangible-Book is ranked better than
99.37% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs HKSE:01916: 0.09

A closely related ratio is called PB Ratio. As of today, JiangXi Bank Co's share price is HK$0.76. JiangXi Bank Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$8.49. Hence, JiangXi Bank Co's P/B Ratio of today is 0.09.


JiangXi Bank Co Price-to-Tangible-Book Historical Data

The historical data trend for JiangXi Bank 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.

JiangXi Bank Co Price-to-Tangible-Book Chart

JiangXi Bank Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.67 0.48 0.33 0.11 0.09

JiangXi Bank Co Semi-Annual Data
Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.11 0.11 0.12 0.09

Competitive Comparison of JiangXi Bank Co's Price-to-Tangible-Book

For the Banks - Regional subindustry, JiangXi Bank 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.


JiangXi Bank Co's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, JiangXi Bank Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JiangXi Bank Co's Price-to-Tangible-Book falls into.



JiangXi Bank Co Price-to-Tangible-Book Calculation

JiangXi Bank 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 )
=0.76/8.43
=0.09

* 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.


JiangXi Bank Co Price-to-Tangible-Book Related Terms

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


JiangXi Bank Co (HKSE:01916) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG
JiangXi Bank Co Ltd operates as a commercial bank in China. The company's operating segments include Corporate banking; Retail banking and credit card; Financial markets business and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment provides a range of financial products and services to corporations, government agencies and financial institutions.

JiangXi Bank Co (HKSE:01916) Headlines

No Headlines