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Hing Ming Holdings (HKSE:08425) Price-to-Tangible-Book : 0.25 (As of May. 16, 2024)


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What is Hing Ming Holdings Price-to-Tangible-Book?

As of today (2024-05-16), Hing Ming Holdings's share price is HK$0.08. Hing Ming Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.32. Hence, Hing Ming Holdings's Price to Tangible Book Ratio of today is 0.25.

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

HKSE:08425' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25   Med: 3.8   Max: 9.63
Current: 0.25

During the past 9 years, Hing Ming Holdings's highest Price to Tangible Book Ratio was 9.63. The lowest was 0.25. And the median was 3.80.

HKSE:08425's Price-to-Tangible-Book is ranked better than
98.96% of 868 companies
in the Business Services industry
Industry Median: 2.08 vs HKSE:08425: 0.25

A closely related ratio is called PB Ratio. As of today, Hing Ming Holdings's share price is HK$0.08. Hing Ming Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.32. Hence, Hing Ming Holdings's P/B Ratio of today is 0.25.


Hing Ming Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Hing Ming 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.

Hing Ming Holdings Price-to-Tangible-Book Chart

Hing Ming Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 9.63 5.67 4.60 0.96 0.76

Hing Ming Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 - 0.76 - 0.53

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

For the Rental & Leasing Services subindustry, Hing Ming 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.


Hing Ming Holdings's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hing Ming Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Hing Ming Holdings Price-to-Tangible-Book Calculation

Hing Ming 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 )
=0.08/0.322
=0.25

* 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.

It can also be calculated from the numbers for the whole company:

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.


Hing Ming Holdings Price-to-Tangible-Book Related Terms

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


Hing Ming Holdings (HKSE:08425) Business Description

Traded in Other Exchanges
N/A
Address
83-87 Nathan Road, Room A4, 2nd Floor, Tsim Sha Tsui Mansion, Kowloon, Hong Kong, HKG
Hing Ming Holdings Ltd is engaged in the rental of temporary suspended working platforms and other equipment. It also provides trading of equipment and spare parts, such as permanently suspended working platforms, motors, and wire rope and the only operating segment of the Group is rental and related services and trading of equipment and spare parts.

Hing Ming Holdings (HKSE:08425) Headlines

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