CSSC (Hong Kong) Shipping Co (HKSE:03877) Price-to-Tangible-Book : 0.71 (As of May. 16, 2024)

View and export this data going back to 2019. Start your Free Trial

What is CSSC (Hong Kong) Shipping Co Price-to-Tangible-Book?

As of today (2024-05-16), CSSC (Hong Kong) Shipping Co's share price is HK$1.48. CSSC (Hong Kong) Shipping Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.07. Hence, CSSC (Hong Kong) Shipping Co's Price to Tangible Book Ratio of today is 0.71.

The historical rank and industry rank for CSSC (Hong Kong) Shipping Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:03877' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62 Med: 0.71 Max: 0.96
Current: 0.71

During the past 8 years, CSSC (Hong Kong) Shipping Co's highest Price to Tangible Book Ratio was 0.96. The lowest was 0.62. And the median was 0.71.

HKSE:03877's Price-to-Tangible-Book is ranked better than
85.6% of 868 companies
in the Business Services industry
Industry Median: 2.08 vs HKSE:03877: 0.71

A closely related ratio is called PB Ratio. As of today, CSSC (Hong Kong) Shipping Co's share price is HK$1.48. CSSC (Hong Kong) Shipping Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.07. Hence, CSSC (Hong Kong) Shipping Co's P/B Ratio of today is 0.71.

CSSC (Hong Kong) Shipping Co Price-to-Tangible-Book Historical Data

The historical data trend for CSSC (Hong Kong) Shipping 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.

CSSC (Hong Kong) Shipping Co Price-to-Tangible-Book Chart

CSSC (Hong Kong) Shipping Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.96

0.75

0.67

0.62

0.71

CSSC (Hong Kong) Shipping Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									0.67	0.80	0.62	0.66	0.71

Competitive Comparison of CSSC (Hong Kong) Shipping Co's Price-to-Tangible-Book

For the Rental & Leasing Services subindustry, CSSC (Hong Kong) Shipping 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.

CSSC (Hong Kong) Shipping Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CSSC (Hong Kong) Shipping Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CSSC (Hong Kong) Shipping Co's Price-to-Tangible-Book falls into.

CSSC (Hong Kong) Shipping Co Price-to-Tangible-Book Calculation

CSSC (Hong Kong) Shipping 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 )
	=	1.48	/	2.071
	=	0.71

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.

CSSC (Hong Kong) Shipping Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of CSSC (Hong Kong) Shipping Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

CSSC (Hong Kong) Shipping Co (HKSE:03877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CSSC (Hong Kong) Shipping Co Ltd (HKSE:03877) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

3LL:Germany

Address

19 Des Voeux Road Central, Room 1801, 18th Floor, World-wide House, Hong Kong, HKG

Website

https://www.csscshipping.cn

CSSC (Hong Kong) Shipping Co Ltd is a shipyard-affiliated leasing company in Greater China. As a player in the ship leasing industry, it offers customized ship leasing solutions that suit customers' different needs. The core business of the group is the provision of leasing services, which include finance leases and operating leases. It operates through the below segments: Leasing services, Shipbroking services, and Loan borrowings. The Leasing services segment that derives the majority of revenue provides Leasing services.

CSSC (Hong Kong) Shipping Co (HKSE:03877) Headlines

No Headlines