GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asia Commercial Holdings Ltd (HKSE:00104) » Definitions » Price-to-Tangible-Book

Asia Commercial Holdings (HKSE:00104) Price-to-Tangible-Book : 0.49 (As of May. 14, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Asia Commercial Holdings Price-to-Tangible-Book?

As of today (2024-05-14), Asia Commercial Holdings's share price is HK$0.295. Asia Commercial Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.60. Hence, Asia Commercial Holdings's Price to Tangible Book Ratio of today is 0.49.

The historical rank and industry rank for Asia Commercial Holdings's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00104' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33   Med: 0.71   Max: 1.15
Current: 0.49

During the past 13 years, Asia Commercial Holdings's highest Price to Tangible Book Ratio was 1.15. The lowest was 0.33. And the median was 0.71.

HKSE:00104's Price-to-Tangible-Book is ranked better than
89.22% of 974 companies
in the Retail - Cyclical industry
Industry Median: 1.83 vs HKSE:00104: 0.49

A closely related ratio is called PB Ratio. As of today, Asia Commercial Holdings's share price is HK$0.295. Asia Commercial Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.60. Hence, Asia Commercial Holdings's P/B Ratio of today is 0.49.


Asia Commercial Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Asia Commercial Holdings'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.

Asia Commercial Holdings Price-to-Tangible-Book Chart

Asia Commercial Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.89 0.45 0.33 0.34

Asia Commercial Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.33 0.39 0.34 0.38

Competitive Comparison of Asia Commercial Holdings's Price-to-Tangible-Book

For the Specialty Retail subindustry, Asia Commercial Holdings'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.


Asia Commercial Holdings's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Asia Commercial Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Asia Commercial Holdings's Price-to-Tangible-Book falls into.



Asia Commercial Holdings Price-to-Tangible-Book Calculation

Asia Commercial Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.295/0.599
=0.49

* 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.


Asia Commercial Holdings Price-to-Tangible-Book Related Terms

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


Asia Commercial Holdings (HKSE:00104) Business Description

Traded in Other Exchanges
N/A
Address
183 Queen’s Road East, 3901, 39th Floor, The Hopewell Centre, Wanchai, Hong Kong, HKG
Asia Commercial Holdings Ltd is an investment holding company. It operates business through two segments Sale of Watches (Retail and Wholesale) and Properties Leasing. The company earns the majority of its revenue from sales of watches. The company currently operates in The People's Republic of China, United Kingdom, Hong Kong, and Switzerland out of which PRC generates the maximum revenue for the company.

Asia Commercial Holdings (HKSE:00104) Headlines

No Headlines