China Pipe Group (HKSE:00380) Price-to-Tangible-Book : 0.21 (As of May. 27, 2024)

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What is China Pipe Group Price-to-Tangible-Book?

As of today (2024-05-27), China Pipe Group's share price is HK$0.117. China Pipe Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.55. Hence, China Pipe Group's Price to Tangible Book Ratio of today is 0.21.

The historical rank and industry rank for China Pipe Group's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00380' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15 Med: 0.56 Max: 1.48
Current: 0.21

During the past 13 years, China Pipe Group's highest Price to Tangible Book Ratio was 1.48. The lowest was 0.15. And the median was 0.56.

HKSE:00380's Price-to-Tangible-Book is ranked better than
97.13% of 977 companies
in the Retail - Cyclical industry
Industry Median: 1.79 vs HKSE:00380: 0.21

A closely related ratio is called PB Ratio. As of today, China Pipe Group's share price is HK$0.117. China Pipe Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.55. Hence, China Pipe Group's P/B Ratio of today is 0.21.

China Pipe Group Price-to-Tangible-Book Historical Data

The historical data trend for China Pipe Group'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.

China Pipe Group Price-to-Tangible-Book Chart

China Pipe Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.42

0.19

0.25

0.19

0.15

China Pipe Group 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															0.25	0.21	0.19	0.16	0.15

Competitive Comparison of China Pipe Group's Price-to-Tangible-Book

For the Home Improvement Retail subindustry, China Pipe Group'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.

China Pipe Group's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, China Pipe Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Pipe Group's Price-to-Tangible-Book falls into.

China Pipe Group Price-to-Tangible-Book Calculation

China Pipe Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.117	/	0.548
	=	0.21

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.

China Pipe Group Price-to-Tangible-Book Related Terms

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

China Pipe Group (HKSE:00380) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Pipe Group Ltd (HKSE:00380) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Tower II, Unit 1010-1016, Level 10, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

http://www.softpower.hk

China Pipe Group Ltd is principally engaged in the trading of construction materials, mainly pipes, and fittings. It is engaged in the segment of Trading of pipes and fittings. It includes wholesale, retail, and logistics operations substantially in Hong Kong and Macau. The group derives revenue from Hong Kong, Macau, and Mainland China, of which prime revenue is derived from Hong Kong.

Executives

Singapore Zhongxin Investment Company Limited	2101 Beneficial owner
Lai Guanglin	2101 Beneficial owner
Li Juan	2202 Interest of your spouse
Lai Guanglin	2201 Interest of corporation controlled by you
Qu Zhi	2101 Beneficial owner

China Pipe Group (HKSE:00380) Headlines

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