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China Construction Bank (China Construction Bank) Price-to-Tangible-Book

: 0.36 (As of Today)
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As of today (2024-04-24), China Construction Bank's share price is $12.507. China Construction Bank's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $34.52. Hence, China Construction Bank's Price to Tangible Book Ratio of today is 0.36.

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

CICHY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51   Med: 0.85   Max: 1.36
Current: 0.6

During the past 13 years, China Construction Bank's highest Price to Tangible Book Ratio was 1.36. The lowest was 0.51. And the median was 0.85.

CICHY's Price-to-Tangible-Book is ranked better than
76.3% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs CICHY: 0.60

A closely related ratio is called PB Ratio. As of today, China Construction Bank's share price is $12.507. China Construction Bank's Book Value per Sharefor the quarter that ended in Dec. 2023 was $34.62. Hence, China Construction Bank's P/B Ratio of today is 0.36.


China Construction Bank Price-to-Tangible-Book Historical Data

The historical data trend for China Construction Bank'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 Construction Bank 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 0.71 0.53 0.43 0.39 0.34

China Construction Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.39 0.39 0.40 0.34 0.34

Competitive Comparison

For the Banks - Diversified subindustry, China Construction Bank'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 Construction Bank Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, China Construction Bank's Price-to-Tangible-Book distribution charts can be found below:

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



China Construction Bank Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=12.507/34.521
=0.36

* 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 Construction Bank Price-to-Tangible-Book Related Terms

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


China Construction Bank (China Construction Bank) Business Description

Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.