China Lesso Group Holdings (HKSE:02128) Price-to-Tangible-Book : 0.47 (As of Jun. 08, 2024)

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What is China Lesso Group Holdings Price-to-Tangible-Book?

As of today (2024-06-08), China Lesso Group Holdings's share price is HK$3.74. China Lesso Group Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$7.95. Hence, China Lesso Group Holdings's Price to Tangible Book Ratio of today is 0.47.

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

HKSE:02128' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45 Med: 1.19 Max: 1.76
Current: 0.47

During the past 13 years, China Lesso Group Holdings's highest Price to Tangible Book Ratio was 1.76. The lowest was 0.45. And the median was 1.19.

HKSE:02128's Price-to-Tangible-Book is ranked better than
86.77% of 1504 companies
in the Construction industry
Industry Median: 1.32 vs HKSE:02128: 0.47

A closely related ratio is called PB Ratio. As of today, China Lesso Group Holdings's share price is HK$3.74. China Lesso Group Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$8.29. Hence, China Lesso Group Holdings's P/B Ratio of today is 0.45.

China Lesso Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for China Lesso Group Holdings'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 Lesso Group Holdings Price-to-Tangible-Book Chart

China Lesso Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.76

1.67

1.44

1.09

0.51

China Lesso Group Holdings 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															1.44	1.59	1.09	0.67	0.51

Competitive Comparison of China Lesso Group Holdings's Price-to-Tangible-Book

For the Building Products & Equipment subindustry, China Lesso Group Holdings'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 Lesso Group Holdings's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Lesso Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

China Lesso Group Holdings Price-to-Tangible-Book Calculation

China Lesso Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	3.74	/	7.952
	=	0.47

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 Lesso Group Holdings Price-to-Tangible-Book Related Terms

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

China Lesso Group Holdings (HKSE:02128) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Lesso Group Holdings Ltd (HKSE:02128) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liansu Industrial Estate, Longjiang Town, Shunde District, Foshan, CHN, 528318

Website

https://www.lesso.com

China Lesso Group Holdings Ltd is engaged in the manufacturing and selling of piping and building materials in Mainland China. The company provides high-quality products and services such as plastic piping, building materials, and home improvement, new energy, environmental protection, and operates a supply chain service platform. The company has eight operating segments based on the geographical areas which include Southern China, Southwestern China, Central China, Eastern China, Northern China, Northwestern China, Northeastern China, and Outside China, all of which include various Chinese provinces.

Executives

New Fortune Star Limited	2101 Beneficial owner
Xi Xi Development Limited	2201 Interest of corporation controlled by you
Wong Luen Hei	2307 Founder of a discretionary trust who can infl
Zuo Xiaoping	2305 Beneficiary of a trust

China Lesso Group Holdings (HKSE:02128) Headlines

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