CNT Group (HKSE:00701) Price-to-Tangible-Book : 0.42 (As of May. 21, 2024)

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What is CNT Group Price-to-Tangible-Book?

As of today (2024-05-21), CNT Group's share price is HK$0.29. CNT Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.70. Hence, CNT Group's Price to Tangible Book Ratio of today is 0.42.

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

HKSE:00701' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.39 Med: 0.47 Max: 0.82
Current: 0.41

During the past 13 years, CNT Group's highest Price to Tangible Book Ratio was 0.82. The lowest was 0.39. And the median was 0.47.

HKSE:00701's Price-to-Tangible-Book is ranked better than
96.43% of 1485 companies
in the Chemicals industry
Industry Median: 1.84 vs HKSE:00701: 0.41

A closely related ratio is called PB Ratio. As of today, CNT Group's share price is HK$0.29. CNT Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.70. Hence, CNT Group's P/B Ratio of today is 0.42.

CNT Group Price-to-Tangible-Book Historical Data

The historical data trend for CNT 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.

CNT Group Price-to-Tangible-Book Chart

CNT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.44

0.43

0.49

0.47

CNT 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	Get a 7-Day Free Trial															0.49	0.51	0.49	0.46	0.47

Competitive Comparison of CNT Group's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, CNT 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.

CNT Group's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CNT Group's Price-to-Tangible-Book distribution charts can be found below:

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

CNT Group Price-to-Tangible-Book Calculation

CNT 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 )
	=	0.29	/	0.695
	=	0.42

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.

CNT Group Price-to-Tangible-Book Related Terms

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

CNT Group (HKSE:00701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CNT Group Ltd (HKSE:00701) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Hennessy Road, 28th Floor, Unit E, CNT Tower, Wanchai, Hong Kong, HKG

Website

https://www.cntgroup.com.hk

CNT Group Ltd is principally engaged in the manufacture and sale of paint products, property investment, iron and steel trading, and investment holding activities. The company operates through the business segments are, The Paint products segment engages in the manufacture and sale of paint products. The Property investment segment comprises the investment in residential, commercial and industrial premises for their rental income potential and development and sale of properties. The Iron and steel trading segment comprises the trading of iron and steel products and related investments. The Hotel business segment, and the other segment comprises, principally, investment holding and securities trading. Majority of the company's revenue comes from the Paint products segment in Mainland China.

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