Asia Standard Hotel Group (HKSE:00292) Price-to-Tangible-Book : 0.06 (As of May. 06, 2024)

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What is Asia Standard Hotel Group Price-to-Tangible-Book?

As of today (2024-05-06), Asia Standard Hotel Group's share price is HK$0.057. Asia Standard Hotel Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$0.97. Hence, Asia Standard Hotel Group's Price to Tangible Book Ratio of today is 0.06.

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

HKSE:00292' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.06 Med: 0.2 Max: 0.62
Current: 0.06

During the past 13 years, Asia Standard Hotel Group's highest Price to Tangible Book Ratio was 0.62. The lowest was 0.06. And the median was 0.20.

HKSE:00292's Price-to-Tangible-Book is ranked better than
99.51% of 1625 companies
in the Asset Management industry
Industry Median: 0.95 vs HKSE:00292: 0.06

A closely related ratio is called PB Ratio. As of today, Asia Standard Hotel Group's share price is HK$0.057. Asia Standard Hotel Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$0.97. Hence, Asia Standard Hotel Group's P/B Ratio of today is 0.06.

Asia Standard Hotel Group Price-to-Tangible-Book Historical Data

The historical data trend for Asia Standard Hotel 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.

Asia Standard Hotel Group Price-to-Tangible-Book Chart

Asia Standard Hotel Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.19

0.13

0.09

0.14

0.08

Asia Standard Hotel Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.14	0.14	0.14	0.08	0.10

Competitive Comparison of Asia Standard Hotel Group's Price-to-Tangible-Book

For the Asset Management subindustry, Asia Standard Hotel 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.

Asia Standard Hotel Group's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Standard Hotel Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Asia Standard Hotel Group's Price-to-Tangible-Book falls into.

Asia Standard Hotel Group Price-to-Tangible-Book Calculation

Asia Standard Hotel Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.057	/	0.972
	=	0.06

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.

Asia Standard Hotel Group Price-to-Tangible-Book Related Terms

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

Asia Standard Hotel Group (HKSE:00292) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Standard Hotel Group Ltd (HKSE:00292) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG

Website

http://www.asiastandardhotelgroup.com

Asia Standard Hotel Group Ltd is a Hong Kong-based investment holding company principally engaged in hotel businesses. The segment in which the group operates includes Hotel Operation, Property development, Financial Investments, and Others. The hotel Operation segment of the company is engaged in hotel operations in Hong Kong and Canada; the Property development segment focuses on properties in Hong Kong and Canada; and the Financial Investments segment is engaged in the investment in financial instruments and earns maximum revenue for the company. The business activity of the company is operated in Hong Kong and Overseas.

Asia Standard Hotel Group (HKSE:00292) Headlines

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