Hainan Meilan International Airport Co (Hainan Meilan International Airport Co) Price-to-Tangible-Book : 1.04 (As of May. 26, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Hainan Meilan International Airport Co Price-to-Tangible-Book?

As of today (2024-05-26), Hainan Meilan International Airport Co's share price is $1.00. Hainan Meilan International Airport Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.96. Hence, Hainan Meilan International Airport Co's Price to Tangible Book Ratio of today is 1.04.

The historical rank and industry rank for Hainan Meilan International Airport Co's Price-to-Tangible-Book or its related term are showing as below:

HMCTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.59 Med: 0.99 Max: 6.16
Current: 1.22

During the past 13 years, Hainan Meilan International Airport Co's highest Price to Tangible Book Ratio was 6.16. The lowest was 0.59. And the median was 0.99.

HMCTF's Price-to-Tangible-Book is ranked better than
57.92% of 877 companies
in the Transportation industry
Industry Median: 1.41 vs HMCTF: 1.22

A closely related ratio is called PB Ratio. As of today, Hainan Meilan International Airport Co's share price is $1.00. Hainan Meilan International Airport Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.27. Hence, Hainan Meilan International Airport Co's P/B Ratio of today is 0.79.

Hainan Meilan International Airport Co Price-to-Tangible-Book Historical Data

The historical data trend for Hainan Meilan International Airport 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.

Hainan Meilan International Airport Co Price-to-Tangible-Book Chart

Hainan Meilan International Airport Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.52

5.34

3.01

2.86

1.32

Hainan Meilan International Airport Co 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															3.01	2.20	2.86	1.97	1.32

Competitive Comparison of Hainan Meilan International Airport Co's Price-to-Tangible-Book

For the Airports & Air Services subindustry, Hainan Meilan International Airport 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.

Hainan Meilan International Airport Co's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Meilan International Airport Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hainan Meilan International Airport Co's Price-to-Tangible-Book falls into.

Hainan Meilan International Airport Co Price-to-Tangible-Book Calculation

Hainan Meilan International Airport 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 )
	=	1.00	/	0.959
	=	1.04

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.

Hainan Meilan International Airport Co Price-to-Tangible-Book Related Terms

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

Hainan Meilan International Airport Co (Hainan Meilan International Airport Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hainan Meilan International Airport Co Ltd (OTCPK:HMCTF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

00357:Hong Kong HAO:Germany HAO:Germany

Address

Office Building of Meilan Airport, Hainan Province, Haikou, CHN, 571126

Website

http://www.mlairport.com

Hainan Meilan International Airport Co Ltd is engaged in the operation of an airport and an ancillary hotel and the provision of related services in the PRC. The company engages and generates revenues from the operational activities at the Meilan Airport of the Hainan Province in the People's Republic of China (PRC). Under its aeronautical businesses, the firm provides terminal facilities, ground handling services, and passenger services. The non-aeronautical business includes the leasing of commercial and retail spaces at Meilan Airport, franchising of airport-related business, advertising, car parking, cargo handling, and sales of consumable goods.

Hainan Meilan International Airport Co (Hainan Meilan International Airport Co) Headlines

No Headlines