Bank of Jiujiang Co (HKSE:06190) Price-to-Tangible-Book : 0.44 (As of May. 11, 2024)

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What is Bank of Jiujiang Co Price-to-Tangible-Book?

As of today (2024-05-11), Bank of Jiujiang Co's share price is HK$6.40. Bank of Jiujiang Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$14.61. Hence, Bank of Jiujiang Co's Price to Tangible Book Ratio of today is 0.44.

The historical rank and industry rank for Bank of Jiujiang Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:06190' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44 Med: 0.77 Max: 0.98
Current: 0.44

During the past 9 years, Bank of Jiujiang Co's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.44. And the median was 0.77.

HKSE:06190's Price-to-Tangible-Book is ranked better than
86.58% of 1438 companies
in the Banks industry
Industry Median: 0.93 vs HKSE:06190: 0.44

A closely related ratio is called PB Ratio. As of today, Bank of Jiujiang Co's share price is HK$6.40. Bank of Jiujiang Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$15.43. Hence, Bank of Jiujiang Co's P/B Ratio of today is 0.41.

Bank of Jiujiang Co Price-to-Tangible-Book Historical Data

The historical data trend for Bank of Jiujiang Co'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.

Bank of Jiujiang Co Price-to-Tangible-Book Chart

Bank of Jiujiang Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.95

0.87

0.66

0.62

0.48

Bank of Jiujiang Co Semi-Annual Data
	Dec15	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											0.66	0.66	0.62	0.60	0.48

Competitive Comparison of Bank of Jiujiang Co's Price-to-Tangible-Book

For the Banks - Regional subindustry, Bank of Jiujiang Co'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.

Bank of Jiujiang Co's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Jiujiang Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bank of Jiujiang Co's Price-to-Tangible-Book falls into.

Bank of Jiujiang Co Price-to-Tangible-Book Calculation

Bank of Jiujiang Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	6.40	/	14.614
	=	0.44

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.

Bank of Jiujiang Co Price-to-Tangible-Book Related Terms

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

Bank of Jiujiang Co (HKSE:06190) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Jiujiang Co Ltd (HKSE:06190) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No. 619 Changhong Avenue, Lianxi District, Jiangxi Province, Jiujiang, CHN, 332000

Website

https://www.jjccb.com

Bank of Jiujiang Co Ltd is a regional commercial bank dedicated to providing a full range of financial services to small and micro enterprises, individual operators and mass customers. It provides convenient 24-hour online services to customers through electronic banking channels such as online banking, telephone banking, mobile banking, self-service banking and WeChat banking. Its offerings include corporate loans, working capital loans, fixed asset loans, trade finance, demand deposits, time deposits, margin deposits, settlement services and letters of guarantee services. The operating business segments are Corporate banking business, Retail banking business, and Financial market business. The maximum revenue of the company is derived from the Corporate banking business.

Bank of Jiujiang Co (HKSE:06190) Headlines

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