Kowloon Development Co (HKSE:00034) Price-to-Tangible-Book : 0.38 (As of May. 29, 2024)

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What is Kowloon Development Co Price-to-Tangible-Book?

As of today (2024-05-29), Kowloon Development Co's share price is HK$5.74. Kowloon Development Co's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was HK$15.05. Hence, Kowloon Development Co's Price to Tangible Book Ratio of today is 0.38.

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

HKSE:00034' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29 Med: 0.37 Max: 0.64
Current: 0.38

During the past 13 years, Kowloon Development Co's highest Price to Tangible Book Ratio was 0.64. The lowest was 0.29. And the median was 0.37.

HKSE:00034's Price-to-Tangible-Book is ranked better than
79.55% of 1721 companies
in the Real Estate industry
Industry Median: 0.83 vs HKSE:00034: 0.38

A closely related ratio is called PB Ratio. As of today, Kowloon Development Co's share price is HK$5.74. Kowloon Development Co's Book Value per Sharefor the quarter that ended in Jun. 2023 was HK$15.05. Hence, Kowloon Development Co's P/B Ratio of today is 0.38.

Kowloon Development Co Price-to-Tangible-Book Historical Data

The historical data trend for Kowloon Development 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.

Kowloon Development Co Price-to-Tangible-Book Chart

Kowloon Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.35

0.55

0.64

0.47

0.39

Kowloon Development Co 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															0.64	0.63	0.47	0.54	0.39

Competitive Comparison of Kowloon Development Co's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Kowloon Development 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.

Kowloon Development Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kowloon Development Co's Price-to-Tangible-Book distribution charts can be found below:

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

Kowloon Development Co Price-to-Tangible-Book Calculation

Kowloon Development Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	5.74	/	15.053
	=	0.38

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.

Kowloon Development Co Price-to-Tangible-Book Related Terms

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

Kowloon Development Co (HKSE:00034) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kowloon Development Co Ltd (HKSE:00034) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

KOX:Germany

Address

750 Nathan Road, 23rd Floor, Pioneer Centre, Kowloon, Hong Kong, HKG

Website

https://www.kdc.com.hk

Kowloon Development Co Ltd is an investment holding company. It operates in three segments: Property development, which includes the development and sale of properties and interests in property development; Property investment segment includes leasing of properties to generate rental income and to gain from the appreciation in the properties' values in the long term; and Other businesses segment, which includes the financial investments, the provision of financial services, the provision of property management services and treasury operations. The company generates the majority of its revenue from the sale of properties. Its geographical segments are Hong Kong, which accounts for the majority of revenue; Mainland China; and Others.

Executives

New Explorer Developments Limited	2201 Interest of corporation controlled by you
Or Wai Sheun	2201 Interest of corporation controlled by you

Kowloon Development Co (HKSE:00034) Headlines

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