Tian Cheng Holdings (HKSE:02110) Price-to-Tangible-Book : 0.48 (As of Jun. 08, 2024)

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What is Tian Cheng Holdings Price-to-Tangible-Book?

As of today (2024-06-08), Tian Cheng Holdings's share price is HK$0.176. Tian Cheng Holdings's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was HK$0.37. Hence, Tian Cheng Holdings's Price to Tangible Book Ratio of today is 0.48.

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

HKSE:02110' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.46 Med: 1.1 Max: 1.77
Current: 0.48

During the past 7 years, Tian Cheng Holdings's highest Price to Tangible Book Ratio was 1.77. The lowest was 0.46. And the median was 1.10.

HKSE:02110's Price-to-Tangible-Book is ranked better than
86.3% of 1504 companies
in the Construction industry
Industry Median: 1.32 vs HKSE:02110: 0.48

A closely related ratio is called PB Ratio. As of today, Tian Cheng Holdings's share price is HK$0.176. Tian Cheng Holdings's Book Value per Sharefor the quarter that ended in Nov. 2023 was HK$0.37. Hence, Tian Cheng Holdings's P/B Ratio of today is 0.48.

Tian Cheng Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Tian Cheng 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.

Tian Cheng Holdings Price-to-Tangible-Book Chart

Tian Cheng Holdings Annual Data

Trend

May17

May18

May19

May20

May21

May22

May23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.41

0.98

1.21

Tian Cheng Holdings Semi-Annual Data
	May17	May18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Price-to-Tangible-Book	Get a 7-Day Free Trial							1.77	0.98	0.99	1.21	0.58

Competitive Comparison of Tian Cheng Holdings's Price-to-Tangible-Book

For the Engineering & Construction subindustry, Tian Cheng 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.

Tian Cheng Holdings's Price-to-Tangible-Book Distribution in the Construction Industry

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

* The bar in red indicates where Tian Cheng Holdings's Price-to-Tangible-Book falls into.

Tian Cheng Holdings Price-to-Tangible-Book Calculation

Tian Cheng Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	0.176	/	0.368
	=	0.48

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.

Tian Cheng Holdings Price-to-Tangible-Book Related Terms

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

Tian Cheng Holdings (HKSE:02110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tian Cheng Holdings Ltd (HKSE:02110) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Mody Road, Rooms 506-507A, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.yuekanholdings.com

Tian Cheng Holdings Ltd formerly Yue Kan Holdings Ltd is a marine construction works subcontractor. The company's operating segment includes Marine construction works; Other civil engineering works and Vessel chartering services. It generates maximum revenue from the Marine construction works segment. Geographically, it derives revenue from Hong Kong.

Executives

Ouyang Chengguo	2101 Beneficial owner
Yue Hang Investment Limited	2101 Beneficial owner
Heung Che Kan	2201 Interest of corporation controlled by you
Mok Man Yee Lisa	2202 Interest of your spouse

Tian Cheng Holdings (HKSE:02110) Headlines

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