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City Developments (City Developments) Price-to-Tangible-Book

: 0.54 (As of Today)
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As of today (2024-04-18), City Developments's share price is $4.14. City Developments's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.60. Hence, City Developments's Price to Tangible Book Ratio of today is 0.54.

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

CDEVY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.54   Med: 0.81   Max: 1.18
Current: 0.56

During the past 13 years, City Developments's highest Price to Tangible Book Ratio was 1.18. The lowest was 0.54. And the median was 0.81.

CDEVY's Price-to-Tangible-Book is ranked better than
65.89% of 1721 companies
in the Real Estate industry
Industry Median: 0.8 vs CDEVY: 0.56

A closely related ratio is called PB Ratio. As of today, City Developments's share price is $4.14. City Developments's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.60. Hence, City Developments's P/B Ratio of today is 0.54.


City Developments Price-to-Tangible-Book Historical Data

The historical data trend for City Developments'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.

City Developments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.85 0.74 0.82 0.66

City Developments 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 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 Premium Member Only Premium Member Only Premium Member Only 0.74 0.79 0.82 0.69 0.66

Competitive Comparison

For the Real Estate - Development subindustry, City Developments'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.


City Developments Price-to-Tangible-Book Distribution

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

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



City Developments Price-to-Tangible-Book Calculation

City Developments's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.14/7.598
=0.54

* 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.


City Developments Price-to-Tangible-Book Related Terms

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


City Developments (City Developments) Business Description

Traded in Other Exchanges
Address
9 Raffles Place, No. 12-01 Republic Plaza, Singapore, SGP, 048619
City Developments, or CDL, is a listed property group of parent company Hong Leong Group. CDL's main businesses in property development and hotel operations makes up the majority of the group's operating profit. A portfolio of investment properties underpins recurring rental income and increasing income from investment properties is a key strategy for the group in the medium term. CDL's key geography is in Singapore with almost half of the group's total assets derived there. Its expansion into international markets is focused on the United Kingdom, China and Japan. CDL privatized its hotel operations, Millennium and Copthorne in 2019.

City Developments (City Developments) Headlines