Greentown China Holdings (HKSE:03900) Price-to-Tangible-Book : 0.54 (As of May. 24, 2024)

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

As of today (2024-05-24), Greentown China Holdings's share price is HK$8.13. Greentown China Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$14.94. Hence, Greentown China Holdings's Price to Tangible Book Ratio of today is 0.54.

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

HKSE:03900' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.27 Med: 0.52 Max: 0.72
Current: 0.54

During the past 13 years, Greentown China Holdings's highest Price to Tangible Book Ratio was 0.72. The lowest was 0.27. And the median was 0.52.

HKSE:03900's Price-to-Tangible-Book is ranked better than
68.99% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs HKSE:03900: 0.54

A closely related ratio is called PB Ratio. As of today, Greentown China Holdings's share price is HK$8.13. Greentown China Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$15.61. Hence, Greentown China Holdings's P/B Ratio of today is 0.52.

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

The historical data trend for Greentown China 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.

Greentown China Holdings Price-to-Tangible-Book Chart

Greentown China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.39

0.46

0.58

0.72

0.53

Greentown China 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															0.58	0.95	0.72	0.52	0.53

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

For the Real Estate - Development subindustry, Greentown China 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.

Greentown China Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Greentown China Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

Greentown China Holdings Price-to-Tangible-Book Calculation

Greentown China 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 )
	=	8.13	/	14.937
	=	0.54

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.

Greentown China Holdings Price-to-Tangible-Book Related Terms

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

Greentown China Holdings (HKSE:03900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Greentown China Holdings Ltd (HKSE:03900) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

GTWCF:USA G7C:Germany

Address

No. 1 Hangda Road, 10th Floor, Block A, Dragon Century Plaza, Zhejiang, Hangzhou, CHN, 310007

Website

https://www.chinagreentown.com

Greentown China Holdings Ltd, or Greentown, is a China property developer headquartered in Hangzhou. Founded by Song Weiping, the company listed on the Hong Kong Stock Exchange in 2006. Predominantly a property developer is known for high-end residential projects with landbank geographically focused in Zhejiang and the Bohai Rim, Greentown is also noted for being one of the first developers to embark on the asset-light construction management model to generate development fee income from third-party construction and project management services. In June 2012, Wharf entered as a strategic shareholder of the company.

Executives

China Communications Construction Group Limited	2201 Interest of corporation controlled by you
Xiang Gang Xin Hu Tou Zi You Xian Gong Si	2101 Beneficial owner
Zhe Jiang Xin Hu Ji Tuan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Xin Hu Zhong Bao Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Li Ping	2202 Interest of your spouse
Huang Wei	2201 Interest of corporation controlled by you
Song Weiping
Cccg Holding (hk) Limited	2101 Beneficial owner
Wheelock And Company Limited	2201 Interest of corporation controlled by you
The Wharf (holdings) Limited	2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited	2301 Trustee
Ever Step Holdings Limited	2201 Interest of corporation controlled by you
First Pioneer Holdings Limited	2201 Interest of corporation controlled by you
King Focus International Limited	2201 Interest of corporation controlled by you
Ping An Securities Group (holdings) Limited	2201 Interest of corporation controlled by you

Greentown China Holdings (HKSE:03900) Headlines

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