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Henderson Land Development Co (Henderson Land Development Co) Price-to-Tangible-Book : 0.35 (As of Apr. 27, 2024)


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What is Henderson Land Development Co Price-to-Tangible-Book?

As of today (2024-04-27), Henderson Land Development Co's share price is $3.045. Henderson Land Development Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.63. Hence, Henderson Land Development Co's Price to Tangible Book Ratio of today is 0.35.

The historical rank and industry rank for Henderson Land Development Co's Price-to-Tangible-Book or its related term are showing as below:

HLDVF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36   Med: 0.56   Max: 0.7
Current: 0.37

During the past 13 years, Henderson Land Development Co's highest Price to Tangible Book Ratio was 0.70. The lowest was 0.36. And the median was 0.56.

HLDVF's Price-to-Tangible-Book is ranked better than
80.24% of 1721 companies
in the Real Estate industry
Industry Median: 0.81 vs HLDVF: 0.37

A closely related ratio is called PB Ratio. As of today, Henderson Land Development Co's share price is $3.045. Henderson Land Development Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.64. Hence, Henderson Land Development Co's P/B Ratio of today is 0.35.


Henderson Land Development Co Price-to-Tangible-Book Historical Data

The historical data trend for Henderson Land Development 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.

Henderson Land Development Co Price-to-Tangible-Book Chart

Henderson Land Development Co 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 0.58 0.44 0.46 0.41 0.34

Henderson Land Development 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 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 0.46 0.42 0.41 0.36 0.34

Competitive Comparison of Henderson Land Development Co's Price-to-Tangible-Book

For the Real Estate - Diversified subindustry, Henderson Land Development 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.


Henderson Land Development Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Henderson Land Development Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Henderson Land Development Co's Price-to-Tangible-Book falls into.



Henderson Land Development Co Price-to-Tangible-Book Calculation

Henderson Land Development 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 )
=3.045/8.627
=0.35

* 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.


Henderson Land Development Co Price-to-Tangible-Book Related Terms

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


Henderson Land Development Co (Henderson Land Development Co) Business Description

Traded in Other Exchanges
Address
8 Finance Street, 72nd -76th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Henderson Land Development is a leading property developer in Hong Kong with a focus on urban redevelopment and farmland conversion. The company was founded in 1976, listed in 1981. Founder Lee Shau Kee is the controlling shareholder, and a series of disposals in December 2017 reduced his stake to below 72.8%. The share disposals were the first since 1993, lessening the possibility of a privatization. Lee stepped down in May 2019, succeeded by his two sons as joint chairmen and managing directors. Henderson Land also controls four listed entities directly, including a 33.4% stake in Hong Kong Ferry, a 69% stake in Henderson Investment, a 41.5% stake in Hong Kong and China Gas, and a 50.1% stake in Miramar Hotel & Investment.

Henderson Land Development Co (Henderson Land Development Co) Headlines

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