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China Everbright (China Everbright) Price-to-Tangible-Book : 0.20 (As of Apr. 25, 2024)


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

As of today (2024-04-25), China Everbright's share price is $4.74. China Everbright's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $23.55. Hence, China Everbright's Price to Tangible Book Ratio of today is 0.20.

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

CEVIY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22   Med: 0.59   Max: 0.89
Current: 0.22

During the past 13 years, China Everbright's highest Price to Tangible Book Ratio was 0.89. The lowest was 0.22. And the median was 0.59.

CEVIY's Price-to-Tangible-Book is ranked better than
98.15% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs CEVIY: 0.22

A closely related ratio is called PB Ratio. As of today, China Everbright's share price is $4.74. China Everbright's Book Value per Sharefor the quarter that ended in Dec. 2023 was $23.55. Hence, China Everbright's P/B Ratio of today is 0.20.


China Everbright Price-to-Tangible-Book Historical Data

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

China Everbright 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 0.39 0.33 0.26 0.25

China Everbright 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 0.33 0.30 0.26 0.23 0.25

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

For the Asset Management subindustry, China Everbright'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 Everbright's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China Everbright's Price-to-Tangible-Book distribution charts can be found below:

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



China Everbright Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.74/23.546
=0.20

* 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 Everbright Price-to-Tangible-Book Related Terms

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


China Everbright (China Everbright) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, 46th Floor, Far East Finance Centre, Hong Kong, HKG
China Everbright Ltd is an investment management firm based predominantly in Hong Kong. The company's core activity includes investing in long-term investment vehicles to secure capital appreciation for its investors. Its investment portfolio is comprised of unlisted equity securities, equity derivatives, start-up, and development-stage companies, and long-term equity. The company's operating segments include Fund Management Business and Principal Investments Business. Geographically, It generates maximum revenue from Mainland China.

China Everbright (China Everbright) Headlines