Zhongtai Futures Co (HKSE:01461) Price-to-Tangible-Book : 0.20 (As of May. 18, 2024)

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What is Zhongtai Futures Co Price-to-Tangible-Book?

As of today (2024-05-18), Zhongtai Futures Co's share price is HK$0.55. Zhongtai Futures Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.78. Hence, Zhongtai Futures Co's Price to Tangible Book Ratio of today is 0.20.

The historical rank and industry rank for Zhongtai Futures Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01461' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19 Med: 0.33 Max: 0.77
Current: 0.2

During the past 10 years, Zhongtai Futures Co's highest Price to Tangible Book Ratio was 0.77. The lowest was 0.19. And the median was 0.33.

HKSE:01461's Price-to-Tangible-Book is ranked better than
97.37% of 723 companies
in the Capital Markets industry
Industry Median: 1.31 vs HKSE:01461: 0.20

A closely related ratio is called PB Ratio. As of today, Zhongtai Futures Co's share price is HK$0.55. Zhongtai Futures Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.80. Hence, Zhongtai Futures Co's P/B Ratio of today is 0.20.

Zhongtai Futures Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhongtai Futures Co'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.

Zhongtai Futures Co Price-to-Tangible-Book Chart

Zhongtai Futures Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.33

0.23

0.24

0.21

Zhongtai Futures Co 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															0.23	0.28	0.24	0.23	0.21

Competitive Comparison of Zhongtai Futures Co's Price-to-Tangible-Book

For the Capital Markets subindustry, Zhongtai Futures Co'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.

Zhongtai Futures Co's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Zhongtai Futures Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhongtai Futures Co's Price-to-Tangible-Book falls into.

Zhongtai Futures Co Price-to-Tangible-Book Calculation

Zhongtai Futures Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.55	/	2.779
	=	0.20

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.

Zhongtai Futures Co Price-to-Tangible-Book Related Terms

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

Zhongtai Futures Co (HKSE:01461) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Zhongtai Futures Co Ltd (HKSE:01461) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 86 Jingqi Road, 15th-16th Floor, Securities Tower, Shizhong District, Shandong Province, Jinan, CHN, 250001

Website

http://www.lzqh.net.cn

Zhongtai Futures Co Ltd is engaged in four segments; Brokerage business, Risk management business, Asset management business, and Other businesses. The business scopes of the Group cover commodity futures brokerage, financial futures brokerage, futures transaction consulting, asset management, bulk commodity futures and spot trading services, cooperative hedging, market-maker business, OTC derivatives business, information technology consulting services, and other business activities. The Group mainly operates in Shandong Province, the PRC.

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