China Conch Environment Protection Holdings (HKSE:00587) Price-to-Tangible-Book : 0.55 (As of May. 08, 2024)

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What is China Conch Environment Protection Holdings Price-to-Tangible-Book?

As of today (2024-05-08), China Conch Environment Protection Holdings's share price is HK$0.94. China Conch Environment Protection Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.70. Hence, China Conch Environment Protection Holdings's Price to Tangible Book Ratio of today is 0.55.

The historical rank and industry rank for China Conch Environment Protection Holdings's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00587' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 1.46 Max: 2
Current: 0.55

During the past 6 years, China Conch Environment Protection Holdings's highest Price to Tangible Book Ratio was 2.00. The lowest was 0.53. And the median was 1.46.

HKSE:00587's Price-to-Tangible-Book is ranked better than
90.53% of 190 companies
in the Waste Management industry
Industry Median: 2.17 vs HKSE:00587: 0.55

A closely related ratio is called PB Ratio. As of today, China Conch Environment Protection Holdings's share price is HK$0.94. China Conch Environment Protection Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.79. Hence, China Conch Environment Protection Holdings's P/B Ratio of today is 0.52.

China Conch Environment Protection Holdings Price-to-Tangible-Book Historical Data

The historical data trend for China Conch Environment Protection 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.

China Conch Environment Protection Holdings Price-to-Tangible-Book Chart

China Conch Environment Protection Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.00

0.92

China Conch Environment Protection Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				-	3.40	2.00	1.36	0.92

Competitive Comparison of China Conch Environment Protection Holdings's Price-to-Tangible-Book

For the Waste Management subindustry, China Conch Environment Protection 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.

China Conch Environment Protection Holdings's Price-to-Tangible-Book Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, China Conch Environment Protection Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Conch Environment Protection Holdings's Price-to-Tangible-Book falls into.

China Conch Environment Protection Holdings Price-to-Tangible-Book Calculation

China Conch Environment Protection Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.94	/	1.702
	=	0.55

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 Conch Environment Protection Holdings Price-to-Tangible-Book Related Terms

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

China Conch Environment Protection Holdings (HKSE:00587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » China Conch Environment Protection Holdings Ltd (HKSE:00587) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1005, South Jiuhua Road, Yijiang District, Anhui Province, Wuhu Conch International Conference Center, Wuhu, CHN, 241070

Website

https://www.conchenviro.com

China Conch Environment Protection Holdings Ltd is an energy conservation and environmental protection enterprise focusing on providing eco-friendly and cost-efficient treatment of industrial solid and hazardous waste in China. It had secured around 100 environmental protection projects in various provinces, municipalities, and regions nationwide. The group has three segments: industrial hazardous waste treatment services, industrial solid waste treatment services and comprehensive resource utilization.

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