China Unicom (Hong Kong) (China Unicom (Hong Kong)) Price-to-Tangible-Book : 0.38 (As of Apr. 26, 2024)

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What is China Unicom (Hong Kong) Price-to-Tangible-Book?

As of today (2024-04-26), China Unicom (Hong Kong)'s share price is $6.03. China Unicom (Hong Kong)'s Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.96. Hence, China Unicom (Hong Kong)'s Price to Tangible Book Ratio of today is 0.38.

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

CHU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 0.73 Max: 0.97
Current: 0.35

During the past 13 years, China Unicom (Hong Kong)'s highest Price to Tangible Book Ratio was 0.97. The lowest was 0.32. And the median was 0.73.

CHU's Price-to-Tangible-Book is ranked better than
94.29% of 280 companies
in the Telecommunication Services industry
Industry Median: 2.545 vs CHU: 0.35

A closely related ratio is called PB Ratio. As of today, China Unicom (Hong Kong)'s share price is $6.03. China Unicom (Hong Kong)'s Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.09. Hence, China Unicom (Hong Kong)'s P/B Ratio of today is 0.37.

China Unicom (Hong Kong) Price-to-Tangible-Book Historical Data

The historical data trend for China Unicom (Hong Kong)'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.

China Unicom (Hong Kong) Price-to-Tangible-Book Chart

China Unicom (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.68

China Unicom (Hong Kong) Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of China Unicom (Hong Kong)'s Price-to-Tangible-Book

For the Telecom Services subindustry, China Unicom (Hong Kong)'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.

China Unicom (Hong Kong)'s Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Price-to-Tangible-Book distribution charts can be found below:

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

China Unicom (Hong Kong) Price-to-Tangible-Book Calculation

China Unicom (Hong Kong)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	6.03	/	15.961
	=	0.38

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.

China Unicom (Hong Kong) Price-to-Tangible-Book Related Terms

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China Unicom (Hong Kong) (China Unicom (Hong Kong)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Unicom (Hong Kong) Ltd (NYSE:CHU) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

00762:Hong Kong XCI:Germany

Address

99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG

Website

https://www.chinaunicom.com.hk

China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.