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COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Price-to-Tangible-Book

: 0.61 (As of Today)
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As of today (2024-04-18), COSCO SHIPPING International (Hong Kong) Co's share price is $0.41. COSCO SHIPPING International (Hong Kong) Co's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.68. Hence, COSCO SHIPPING International (Hong Kong) Co's Price to Tangible Book Ratio of today is 0.61.

The historical rank and industry rank for COSCO SHIPPING International (Hong Kong) Co's Price-to-Tangible-Book or its related term are showing as below:

CHDGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.4   Med: 0.56   Max: 0.98
Current: 0.69

During the past 13 years, COSCO SHIPPING International (Hong Kong) Co's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.40. And the median was 0.56.

CHDGF's Price-to-Tangible-Book is ranked better than
79.41% of 879 companies
in the Transportation industry
Industry Median: 1.41 vs CHDGF: 0.69

A closely related ratio is called PB Ratio. As of today, COSCO SHIPPING International (Hong Kong) Co's share price is $0.41. COSCO SHIPPING International (Hong Kong) Co's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.69. Hence, COSCO SHIPPING International (Hong Kong) Co's P/B Ratio of today is 0.60.


COSCO SHIPPING International (Hong Kong) Co Price-to-Tangible-Book Historical Data

The historical data trend for COSCO SHIPPING International (Hong Kong) 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.

COSCO SHIPPING International (Hong Kong) Co 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 0.38 0.48 0.47 0.45 0.53

COSCO SHIPPING International (Hong Kong) 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 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 0.47 0.47 0.45 0.52 0.53

Competitive Comparison

For the Marine Shipping subindustry, COSCO SHIPPING International (Hong Kong) 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.


COSCO SHIPPING International (Hong Kong) Co Price-to-Tangible-Book Distribution

For the Transportation industry and Industrials sector, COSCO SHIPPING International (Hong Kong) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where COSCO SHIPPING International (Hong Kong) Co's Price-to-Tangible-Book falls into.



COSCO SHIPPING International (Hong Kong) Co Price-to-Tangible-Book Calculation

COSCO SHIPPING International (Hong Kong) Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.41/0.676
=0.61

* 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.


COSCO SHIPPING International (Hong Kong) Co Price-to-Tangible-Book Related Terms

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COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Business Description

Traded in Other Exchanges
Address
183 Queen's Road Central, 47th Floor, COSCO Tower, Hong Kong, HKG
COSCO SHIPPING International (Hong Kong) Co Ltd is a Hong Kong-based company engaged in services relating to shipbuilding, ship trading, and chartering for the fleet. It carries its operations in six segments including Coatings, Marine equipment and spare parts, Ship trading agency, Insurance brokerage, Marine fuel and other products, and General trading. The majority of its revenue comes from the sale of Marine equipment and spare parts. The company has a business network in Mainland China, Hong Kong, Singapore, Japan, Germany, and the USA, among other countries.

COSCO SHIPPING International (Hong Kong) Co (COSCO SHIPPING International (Hong Kong) Co) Headlines

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