Hong Leong Finance (SGX:S41) Price-to-Tangible-Book : 0.54 (As of Apr. 29, 2024)

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What is Hong Leong Finance Price-to-Tangible-Book?

As of today (2024-04-29), Hong Leong Finance's share price is S$2.50. Hong Leong Finance's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was S$4.59. Hence, Hong Leong Finance's Price to Tangible Book Ratio of today is 0.54.

The historical rank and industry rank for Hong Leong Finance's Price-to-Tangible-Book or its related term are showing as below:

SGX:S41' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.52 Med: 0.58 Max: 0.7
Current: 0.54

During the past 13 years, Hong Leong Finance's highest Price to Tangible Book Ratio was 0.70. The lowest was 0.52. And the median was 0.58.

SGX:S41's Price-to-Tangible-Book is ranked better than
80.19% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs SGX:S41: 0.54

A closely related ratio is called PB Ratio. As of today, Hong Leong Finance's share price is S$2.50. Hong Leong Finance's Book Value per Sharefor the quarter that ended in Dec. 2023 was S$4.59. Hence, Hong Leong Finance's P/B Ratio of today is 0.54.

Hong Leong Finance Price-to-Tangible-Book Historical Data

The historical data trend for Hong Leong Finance'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.

Hong Leong Finance Price-to-Tangible-Book Chart

Hong Leong Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.62

0.56

0.55

0.52

0.54

Hong Leong Finance 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															0.55	0.55	0.52	0.55	0.54

Competitive Comparison of Hong Leong Finance's Price-to-Tangible-Book

For the Banks - Regional subindustry, Hong Leong Finance'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.

Hong Leong Finance's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hong Leong Finance's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hong Leong Finance's Price-to-Tangible-Book falls into.

Hong Leong Finance Price-to-Tangible-Book Calculation

Hong Leong Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.50	/	4.593
	=	0.54

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.

Hong Leong Finance Price-to-Tangible-Book Related Terms

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

Hong Leong Finance (SGX:S41) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hong Leong Finance Ltd (SGX:S41) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Raffles Quay, No. 01-05, Hong Leong Building, Singapore, SGP, 048581

Website

https://www.hlf.com.sg

Hong Leong Finance Ltd offers banking services to business enterprises and retail customers. It specializes in working with small and medium enterprises and offers a variety of credit and loan options for them. For retail customers, Hong Leong offers home and car loans. Net interest income accounts for around 80% of the company's total revenue. Hong Leong generates its remaining revenue through fees and commissions for its advisory and corporate finance services. Hong Leong operates exclusively in Singapore.

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