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China Foods (HKSE:00506) Price-to-Tangible-Book : 3.75 (As of May. 02, 2024)


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What is China Foods Price-to-Tangible-Book?

As of today (2024-05-02), China Foods's share price is HK$2.94. China Foods's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.79. Hence, China Foods's Price to Tangible Book Ratio of today is 3.75.

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

HKSE:00506' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.02   Med: 4.19   Max: 38.65
Current: 3.72

During the past 13 years, China Foods's highest Price to Tangible Book Ratio was 38.65. The lowest was 2.02. And the median was 4.19.

HKSE:00506's Price-to-Tangible-Book is ranked worse than
60.44% of 91 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 3.01 vs HKSE:00506: 3.72

A closely related ratio is called PB Ratio. As of today, China Foods's share price is HK$2.94. China Foods's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.35. Hence, China Foods's P/B Ratio of today is 1.25.


China Foods Price-to-Tangible-Book Historical Data

The historical data trend for China Foods'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 Foods Price-to-Tangible-Book Chart

China Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.32 4.19 6.21 4.67 3.75

China Foods 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.21 5.05 4.67 4.00 3.75

Competitive Comparison of China Foods's Price-to-Tangible-Book

For the Beverages - Non-Alcoholic subindustry, China Foods'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 Foods's Price-to-Tangible-Book Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, China Foods's Price-to-Tangible-Book distribution charts can be found below:

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



China Foods Price-to-Tangible-Book Calculation

China Foods's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.94/0.785
=3.75

* 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.

It can also be calculated from the numbers for the whole company:

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 Foods Price-to-Tangible-Book Related Terms

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


China Foods (HKSE:00506) Business Description

Traded in Other Exchanges
Address
262 Gloucester Road, 33rd Floor, COFCO Tower, Causeway Bay, Hong Kong, HKG
China Foods Ltd is an investment holding company that operates in the beverage business. It offers twenty-four brands of products in eleven major types of beverages, which include sparkling drink, juice, water, milk drink, energy drink, tea, coffee, functional nutrition drink, sports drink, plant-based protein drink, and alcoholic drink. Geographically, it derives the majority of revenue from Mainland China.

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