Bank Of Chongqing Co (HKSE:01963) Price-to-Tangible-Book : 0.26 (As of Apr. 28, 2024)

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What is Bank Of Chongqing Co Price-to-Tangible-Book?

As of today (2024-04-28), Bank Of Chongqing Co's share price is HK$4.57. Bank Of Chongqing Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$17.74. Hence, Bank Of Chongqing Co's Price to Tangible Book Ratio of today is 0.26.

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

HKSE:01963' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 0.43 Max: 0.86
Current: 0.26

During the past 13 years, Bank Of Chongqing Co's highest Price to Tangible Book Ratio was 0.86. The lowest was 0.22. And the median was 0.43.

HKSE:01963's Price-to-Tangible-Book is ranked better than
95% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs HKSE:01963: 0.26

A closely related ratio is called PB Ratio. As of today, Bank Of Chongqing Co's share price is HK$4.57. Bank Of Chongqing Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$17.92. Hence, Bank Of Chongqing Co's P/B Ratio of today is 0.26.

Bank Of Chongqing Co Price-to-Tangible-Book Historical Data

The historical data trend for Bank Of Chongqing 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.

Bank Of Chongqing Co Price-to-Tangible-Book Chart

Bank Of Chongqing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.41

0.37

0.30

0.26

0.22

Bank Of Chongqing Co Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.26	0.26	0.25	0.25	0.22

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

For the Banks - Regional subindustry, Bank Of Chongqing 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.

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

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

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

Bank Of Chongqing Co Price-to-Tangible-Book Calculation

Bank Of Chongqing 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 )
	=	4.57	/	17.737
	=	0.26

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.

Bank Of Chongqing Co Price-to-Tangible-Book Related Terms

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

Bank Of Chongqing Co (HKSE:01963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Of Chongqing Co Ltd (HKSE:01963) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

CQN:Germany 601963:China

Address

348 Kwun Tong Road, 5/F, Manulife Place, Kowloon, HKG

Website

https://www.cqcbank.com

Bank Of Chongqing Co Ltd is a China-based company that is engaged in banking. The company's core businesses consist of the corporate banking business, which provides corporate customers with financial products and services such as deposits and loans; the retailing banking business, which provides individual customers with financial products and services; and the treasury business, which is involved in interbank lending and borrowing, bond investment, repurchasing, and foreign currency transactions. The company generates over half of total revenue from the corporate banking business. The company's business is concentrated in Chongqing, and the firm also conducts business through branches in Chengdu, Guiyang, and Xi'an.

Bank Of Chongqing Co (HKSE:01963) Headlines

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