China Tobacco International (HK) Co (HKSE:06055) PB Ratio : 3.46 (As of May. 11, 2024)

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What is China Tobacco International (HK) Co PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-11), China Tobacco International (HK) Co's share price is HK$12.48. China Tobacco International (HK) Co's Book Value per Share for the quarter that ended in Dec. 2023 was HK$3.61. Hence, China Tobacco International (HK) Co's PB Ratio of today is 3.46.

The historical rank and industry rank for China Tobacco International (HK) Co's PB Ratio or its related term are showing as below:

HKSE:06055' s PB Ratio Range Over the Past 10 Years
Min: 2.52 Med: 6.15 Max: 28.57
Current: 3.46

During the past 8 years, China Tobacco International (HK) Co's highest PB Ratio was 28.57. The lowest was 2.52. And the median was 6.15.

HKSE:06055's PB Ratio is ranked worse than
63.64% of 44 companies
in the Tobacco Products industry
Industry Median: 1.745 vs HKSE:06055: 3.46

During the past 12 months, China Tobacco International (HK) Co's average Book Value Per Share Growth Rate was 23.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 25.20% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of China Tobacco International (HK) Co was 43.60% per year. The lowest was -10.00% per year. And the median was 8.10% per year.

Back to Basics: PB Ratio

China Tobacco International (HK) Co PB Ratio Historical Data

The historical data trend for China Tobacco International (HK) Co's PB Ratio 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.

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China Tobacco International (HK) Co PB Ratio Chart

China Tobacco International (HK) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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8.27

5.93

6.16

3.98

2.74

China Tobacco International (HK) Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial									6.16	4.72	3.98	3.19	2.74

Competitive Comparison of China Tobacco International (HK) Co's PB Ratio

For the Tobacco subindustry, China Tobacco International (HK) Co's PB Ratio, along with its competitors' market caps and PB Ratio 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 Tobacco International (HK) Co's PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, China Tobacco International (HK) Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where China Tobacco International (HK) Co's PB Ratio falls into.

China Tobacco International (HK) Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

China Tobacco International (HK) Co's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	12.48	/	3.605
	=	3.46

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

China Tobacco International (HK) Co (HKSE:06055) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

China Tobacco International (HK) Co PB Ratio Related Terms

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China Tobacco International (HK) Co (HKSE:06055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » China Tobacco International (HK) Co Ltd (HKSE:06055) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Hung Leun Road, China Life Center, Room 1002, 10th Floor, Tower A, One Harbour Gate, Hung Hom, Kowloon, Hong Kong, HKG

Website

http://www.ctihk.com.hk

China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through the following segments: Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, and New Tobacco Product Export Business. The company's geographical segments are China (excluding the SARs), Indonesia, Hong Kong, Philippines, Vietnam, Singapore, Thailand, and others.

China Tobacco International (HK) Co (HKSE:06055) Headlines

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