Pacific Millennium Packaging Group (HKSE:01820) Price-to-Tangible-Book : 2.96 (As of May. 03, 2024)

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What is Pacific Millennium Packaging Group Price-to-Tangible-Book?

As of today (2024-05-03), Pacific Millennium Packaging Group's share price is HK$6.31. Pacific Millennium Packaging Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.13. Hence, Pacific Millennium Packaging Group's Price to Tangible Book Ratio of today is 2.96.

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

HKSE:01820' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.53 Med: 2.29 Max: 2.96
Current: 2.96

During the past 9 years, Pacific Millennium Packaging Group's highest Price to Tangible Book Ratio was 2.96. The lowest was 1.53. And the median was 2.29.

HKSE:01820's Price-to-Tangible-Book is ranked worse than
79.89% of 358 companies
in the Packaging & Containers industry
Industry Median: 1.405 vs HKSE:01820: 2.96

A closely related ratio is called PB Ratio. As of today, Pacific Millennium Packaging Group's share price is HK$6.31. Pacific Millennium Packaging Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.13. Hence, Pacific Millennium Packaging Group's P/B Ratio of today is 2.96.

Pacific Millennium Packaging Group Price-to-Tangible-Book Historical Data

The historical data trend for Pacific Millennium Packaging 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.

Pacific Millennium Packaging Group Price-to-Tangible-Book Chart

Pacific Millennium Packaging Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.05

2.14

2.44

2.77

2.96

Pacific Millennium Packaging Group Semi-Annual Data
	Dec15	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											2.44	2.59	2.77	2.98	2.96

Competitive Comparison of Pacific Millennium Packaging Group's Price-to-Tangible-Book

For the Packaging & Containers subindustry, Pacific Millennium Packaging 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.

Pacific Millennium Packaging Group's Price-to-Tangible-Book Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pacific Millennium Packaging Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Pacific Millennium Packaging Group's Price-to-Tangible-Book falls into.

Pacific Millennium Packaging Group Price-to-Tangible-Book Calculation

Pacific Millennium Packaging 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 )
	=	6.31	/	2.13
	=	2.96

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.

Pacific Millennium Packaging Group Price-to-Tangible-Book Related Terms

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

Pacific Millennium Packaging Group (HKSE:01820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pacific Millennium Packaging Group Corp (HKSE:01820) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 398, Tian Lin Road, A303, 3rd Floor, Block 2, Shanghai, CHN, 200233

Website

http://www.pmpgc.com

Pacific Millennium Packaging Group Corp is an investment holding company engaged in the manufacture and sale of packaging materials. Its product offering includes; Corrugated packaging products like corrugated boxes, pallets, display stands, heavy-duty packaging, specialized packaging products; and Corrugated sheet boards. It caters to different industries such as Food and beverage, Paper and packaging, Non-food-and-beverage-consumables, Supplier chain solutions, E-commerce, Home electronics, and Others include home furniture, computer, and electronic device such as mobile phones, cameras, textiles, machinery, medical products, etc. The company generates the majority of its revenue from China.

Pacific Millennium Packaging Group (HKSE:01820) Headlines

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