Asia Cassava Resources Holdings (HKSE:00841) Price-to-Tangible-Book : 0.08 (As of Jun. 02, 2024)

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What is Asia Cassava Resources Holdings Price-to-Tangible-Book?

As of today (2024-06-02), Asia Cassava Resources Holdings's share price is HK$0.099. Asia Cassava Resources Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$1.30. Hence, Asia Cassava Resources Holdings's Price to Tangible Book Ratio of today is 0.08.

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

HKSE:00841' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.08 Med: 0.33 Max: 1.04
Current: 0.08

During the past 13 years, Asia Cassava Resources Holdings's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.08. And the median was 0.33.

HKSE:00841's Price-to-Tangible-Book is ranked better than
99.18% of 1711 companies
in the Consumer Packaged Goods industry
Industry Median: 1.7 vs HKSE:00841: 0.08

A closely related ratio is called PB Ratio. As of today, Asia Cassava Resources Holdings's share price is HK$0.099. Asia Cassava Resources Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$1.30. Hence, Asia Cassava Resources Holdings's P/B Ratio of today is 0.08.

Asia Cassava Resources Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Asia Cassava Resources 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 Cassava Resources Holdings Price-to-Tangible-Book Chart

Asia Cassava Resources Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.32

0.18

0.23

0.15

0.22

Asia Cassava Resources 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															0.20	0.15	0.15	0.22	0.13

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

For the Packaged Foods subindustry, Asia Cassava Resources 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 Cassava Resources Holdings's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Asia Cassava Resources Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Asia Cassava Resources Holdings Price-to-Tangible-Book Calculation

Asia Cassava Resources 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 )
	=	0.099	/	1.297
	=	0.08

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.

Asia Cassava Resources Holdings Price-to-Tangible-Book Related Terms

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

Asia Cassava Resources Holdings (HKSE:00841) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asia Cassava Resources Holdings Ltd (HKSE:00841) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

63 Mody Road, Unit 612-613, 6th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.asiacassava.com

Asia Cassava Resources Holdings Ltd is an investment holding company, which engages in the trade of dried cassava chips. It operates through the following segments: Procurement and Sale of Dried Cassava Chips; Property Investment; and Hotel Operations. The Procurement and Sale of Dried Cassava Chips segment which generates majority revenue offer procurement and sale of dried cassava chips. The Property Investment segment invests in office space and industrial properties for its rental income potential. The Hotel Operations segment involves in hotel operations in the People's Republic of China. The company operates in four geographical markets Hong Kong, Mainland China, Laos and Thailand out of which Mainland China acts as a major revenue contributor.

Asia Cassava Resources Holdings (HKSE:00841) Headlines

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