Wing On Co International (HKSE:00289) Price-to-Tangible-Book : 0.19 (As of May. 22, 2024)

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What is Wing On Co International Price-to-Tangible-Book?

As of today (2024-05-22), Wing On Co International's share price is HK$12.00. Wing On Co International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$63.21. Hence, Wing On Co International's Price to Tangible Book Ratio of today is 0.19.

The historical rank and industry rank for Wing On Co International's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00289' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.19 Med: 0.36 Max: 0.51
Current: 0.19

During the past 13 years, Wing On Co International's highest Price to Tangible Book Ratio was 0.51. The lowest was 0.19. And the median was 0.36.

HKSE:00289's Price-to-Tangible-Book is ranked better than
97.43% of 973 companies
in the Retail - Cyclical industry
Industry Median: 1.82 vs HKSE:00289: 0.19

A closely related ratio is called PB Ratio. As of today, Wing On Co International's share price is HK$12.00. Wing On Co International's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$63.21. Hence, Wing On Co International's P/B Ratio of today is 0.19.

Wing On Co International Price-to-Tangible-Book Historical Data

The historical data trend for Wing On Co International'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.

Wing On Co International Price-to-Tangible-Book Chart

Wing On Co International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.32

0.26

0.27

0.22

0.19

Wing On Co International 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	Get a 7-Day Free Trial															0.27	0.26	0.22	0.20	0.19

Competitive Comparison of Wing On Co International's Price-to-Tangible-Book

For the Department Stores subindustry, Wing On Co International'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.

Wing On Co International's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wing On Co International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Wing On Co International's Price-to-Tangible-Book falls into.

Wing On Co International Price-to-Tangible-Book Calculation

Wing On Co International's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	12.00	/	63.205
	=	0.19

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.

Wing On Co International Price-to-Tangible-Book Related Terms

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

Wing On Co International (HKSE:00289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wing On Co International Ltd (HKSE:00289) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

211 Des Voeux Road Central, 7th Floor, Wing On Centre, Hong Kong, HKG

Website

https://www.wingon.hk

Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments namely, Department Stores and Property Investment. Department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, and the United States of America. The firm derives most of its revenues from department stores.

Wing On Co International (HKSE:00289) Headlines

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