Grand Ming Group Holdings (HKSE:01271) Price-to-Tangible-Book : 1.50 (As of May. 11, 2024)

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What is Grand Ming Group Holdings Price-to-Tangible-Book?

As of today (2024-05-11), Grand Ming Group Holdings's share price is HK$2.99. Grand Ming Group Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$1.99. Hence, Grand Ming Group Holdings's Price to Tangible Book Ratio of today is 1.50.

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

HKSE:01271' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7 Med: 1.25 Max: 5.02
Current: 1.5

During the past 11 years, Grand Ming Group Holdings's highest Price to Tangible Book Ratio was 5.02. The lowest was 0.70. And the median was 1.25.

HKSE:01271's Price-to-Tangible-Book is ranked worse than
53.28% of 1507 companies
in the Construction industry
Industry Median: 1.38 vs HKSE:01271: 1.50

A closely related ratio is called PB Ratio. As of today, Grand Ming Group Holdings's share price is HK$2.99. Grand Ming Group Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$1.99. Hence, Grand Ming Group Holdings's P/B Ratio of today is 1.50.

Grand Ming Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Grand Ming Group 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.

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Grand Ming Group Holdings Price-to-Tangible-Book Chart

Grand Ming Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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1.23

1.46

3.93

5.02

2.76

Grand Ming Group 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															5.01	5.02	1.91	2.76	2.01

Competitive Comparison of Grand Ming Group Holdings's Price-to-Tangible-Book

For the Engineering & Construction subindustry, Grand Ming Group 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.

Grand Ming Group Holdings's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grand Ming Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Grand Ming Group Holdings's Price-to-Tangible-Book falls into.

Grand Ming Group Holdings Price-to-Tangible-Book Calculation

Grand Ming Group 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 )
	=	2.99	/	1.988
	=	1.50

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.

Grand Ming Group Holdings Price-to-Tangible-Book Related Terms

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

Grand Ming Group Holdings (HKSE:01271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grand Ming Group Holdings Ltd (HKSE:01271) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 39 Chatham Road South, 22nd Floor, Railway Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.grandming.com.hk

Grand Ming Group Holdings Ltd is an investment holding company. The segments in which the company operates include Construction is a key revenue driver, which includes contracts for residential buildings, commercial buildings, and data centers; Property leasing, which includes leasing of data centers; and Property development segment includes the development and sale of properties. All of its activities are carried out in Hong Kong.

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