Hang Lung Group (Hang Lung Group) Price-to-Tangible-Book

: 0.14 (As of Today)

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As of today (2024-04-18), Hang Lung Group's share price is $5.99. Hang Lung Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $43.80. Hence, Hang Lung Group's Price to Tangible Book Ratio of today is 0.14.

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

HNLGY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.13 Med: 0.31 Max: 0.64
Current: 0.13

During the past 13 years, Hang Lung Group's highest Price to Tangible Book Ratio was 0.64. The lowest was 0.13. And the median was 0.31.

HNLGY's Price-to-Tangible-Book is ranked better than
93.96% of 1721 companies
in the Real Estate industry
Industry Median: 0.8 vs HNLGY: 0.13

A closely related ratio is called PB Ratio. As of today, Hang Lung Group's share price is $5.99. Hang Lung Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $44.36. Hence, Hang Lung Group's P/B Ratio of today is 0.14.

Hang Lung Group Price-to-Tangible-Book Historical Data

The historical data trend for Hang Lung 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.

Hang Lung Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.29

0.28

0.24

0.20

0.15

Hang Lung Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book																0.24	0.20	0.20	0.19	0.15

Competitive Comparison

For the Real Estate Services subindustry, Hang Lung 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.

Hang Lung Group Price-to-Tangible-Book Distribution

For the Real Estate industry and Real Estate sector, Hang Lung Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hang Lung Group's Price-to-Tangible-Book falls into.

Hang Lung Group Price-to-Tangible-Book Calculation

Hang Lung 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 )
	=	5.99	/	43.799
	=	0.14

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.

Hang Lung Group Price-to-Tangible-Book Related Terms

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

Hang Lung Group (Hang Lung Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hang Lung Group Ltd (OTCPK:HNLGY) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

HNLGF:USA 00010:Hong Kong

Address

4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG

Website

https://www.hanglunggroup.com

Hang Lung Group Ltd is an investment holding company engaged in the property leasing business. The Company operates its business through two segments. The Property Leasing segment engages in the property leasing operation. The Company's investment properties portfolio consists of retail, office, residential, serviced apartments, and car parks, located in mainland China and Hong Kong, and the Property Sales segment engages in the development and sale of trading properties in mainland China and Hong Kong. It derives a majority of its revenue from the property leasing segment.

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