China Communications Services (HKSE:00552) Price-to-Tangible-Book : 0.59 (As of May. 11, 2024)

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What is China Communications Services Price-to-Tangible-Book?

As of today (2024-05-11), China Communications Services's share price is HK$3.86. China Communications Services's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$6.59. Hence, China Communications Services's Price to Tangible Book Ratio of today is 0.59.

The historical rank and industry rank for China Communications Services's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00552' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 0.79 Max: 1.24
Current: 0.59

During the past 13 years, China Communications Services's highest Price to Tangible Book Ratio was 1.24. The lowest was 0.45. And the median was 0.79.

HKSE:00552's Price-to-Tangible-Book is ranked better than
92.5% of 280 companies
in the Telecommunication Services industry
Industry Median: 2.585 vs HKSE:00552: 0.59

A closely related ratio is called PB Ratio. As of today, China Communications Services's share price is HK$3.86. China Communications Services's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$6.72. Hence, China Communications Services's P/B Ratio of today is 0.57.

China Communications Services Price-to-Tangible-Book Historical Data

The historical data trend for China Communications Services'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 Communications Services Price-to-Tangible-Book Chart

China Communications Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.04

0.56

0.57

0.45

0.49

China Communications Services 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															0.57	0.53	0.45	0.60	0.49

Competitive Comparison of China Communications Services's Price-to-Tangible-Book

For the Telecom Services subindustry, China Communications Services'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 Communications Services's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where China Communications Services's Price-to-Tangible-Book falls into.

China Communications Services Price-to-Tangible-Book Calculation

China Communications Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.86	/	6.59
	=	0.59

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 Communications Services Price-to-Tangible-Book Related Terms

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

China Communications Services (HKSE:00552) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Communications Services Corp Ltd (HKSE:00552) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CUCSF:USA CMW:Germany

Address

Fenghuangzui Street, Block No. 1, Compound No. 1, Fengtai District, Beijing, CHN, 100073

Website

https://www.chinaccs.com.hk

China Communications Services Corp Ltd is active in the technology sector. It provides integrated comprehensive solutions for the informatization and digitalization sector. It provides integrated solutions, including telecommunications infrastructure services, business process outsourcing services as well as applications, content, and other services to telecommunications operators, government agencies, industrial customers, and small-and-medium enterprises.

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