China Starch Holdings (HKSE:03838) Price-to-Tangible-Book : 0.33 (As of May. 21, 2024)

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What is China Starch Holdings Price-to-Tangible-Book?

As of today (2024-05-21), China Starch Holdings's share price is HK$0.194. China Starch Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.59. Hence, China Starch Holdings's Price to Tangible Book Ratio of today is 0.33.

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

HKSE:03838' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23 Med: 0.38 Max: 0.65
Current: 0.33

During the past 13 years, China Starch Holdings's highest Price to Tangible Book Ratio was 0.65. The lowest was 0.23. And the median was 0.38.

HKSE:03838's Price-to-Tangible-Book is ranked better than
96.02% of 1709 companies
in the Consumer Packaged Goods industry
Industry Median: 1.74 vs HKSE:03838: 0.33

A closely related ratio is called PB Ratio. As of today, China Starch Holdings's share price is HK$0.194. China Starch Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.67. Hence, China Starch Holdings's P/B Ratio of today is 0.29.

China Starch Holdings Price-to-Tangible-Book Historical Data

The historical data trend for China Starch 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 Starch Holdings Price-to-Tangible-Book Chart

China Starch Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.31

0.37

0.38

0.23

China Starch 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															0.37	0.45	0.38	0.25	0.23

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

For the Packaged Foods subindustry, China Starch 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 Starch Holdings's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Starch Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

China Starch Holdings Price-to-Tangible-Book Calculation

China Starch 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 )
	=	0.194	/	0.593
	=	0.33

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 Starch Holdings Price-to-Tangible-Book Related Terms

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

China Starch Holdings (HKSE:03838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Starch Holdings Ltd (HKSE:03838) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

39 Gloucester Road, Harcourt House, Room 1101-1104, 11th Floor, Wanchai, Hong Kong, HKG

Website

http://www.chinastarch.com.hk

China Starch Holdings Ltd is an investment holding company. It is principally engaged in the manufacturing and sale of cornstarch, lysine, starch-based sweetener, modified starch and ancillary corn-based and corn-refined products. The company's segments are Upstream products which is engaged in the manufacture and sale of cornstarch and ancillary corn-refined products and Fermented and downstream products which is engaged in the manufacture and sale of lysine, starch-based sweetener, modified starch, and other products.

China Starch Holdings (HKSE:03838) Headlines

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