China Resources Power Holdings Co (China Resources Power Holdings Co) Price-to-Tangible-Book : 0.95 (As of Apr. 25, 2024)

View and export this data going back to 2008. Start your Free Trial

What is China Resources Power Holdings Co Price-to-Tangible-Book?

As of today (2024-04-25), China Resources Power Holdings Co's share price is $35.40. China Resources Power Holdings Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $37.33. Hence, China Resources Power Holdings Co's Price to Tangible Book Ratio of today is 0.95.

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

CRPJY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.42 Med: 0.92 Max: 1.42
Current: 1.01

During the past 13 years, China Resources Power Holdings Co's highest Price to Tangible Book Ratio was 1.42. The lowest was 0.42. And the median was 0.92.

CRPJY's Price-to-Tangible-Book is ranked better than
66.75% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.42 vs CRPJY: 1.01

A closely related ratio is called PB Ratio. As of today, China Resources Power Holdings Co's share price is $35.40. China Resources Power Holdings Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $38.19. Hence, China Resources Power Holdings Co's P/B Ratio of today is 0.93.

China Resources Power Holdings Co Price-to-Tangible-Book Historical Data

The historical data trend for China Resources Power Holdings 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.

China Resources Power Holdings Co Price-to-Tangible-Book Chart

China Resources Power Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.60

0.39

1.21

0.74

0.76

China Resources Power Holdings 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															1.21	0.81	0.74	0.93	0.76

Competitive Comparison of China Resources Power Holdings Co's Price-to-Tangible-Book

For the Utilities - Independent Power Producers subindustry, China Resources Power Holdings 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.

China Resources Power Holdings Co's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Resources Power Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Resources Power Holdings Co's Price-to-Tangible-Book falls into.

China Resources Power Holdings Co Price-to-Tangible-Book Calculation

China Resources Power Holdings 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 )
	=	35.40	/	37.326
	=	0.95

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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 Resources Power Holdings Co Price-to-Tangible-Book Related Terms

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

China Resources Power Holdings Co (China Resources Power Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Resources Power Holdings Co Ltd (OTCPK:CRPJY) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

00836:Hong Kong CRP:Germany

Address

26 Harbour Road, Rooms 2001-2002, 20th Floor, China Resources Building, Wanchai, HKG

Website

https://www.cr-power.com

China Resources Power, or CR Power, is one of China's largest independent power producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants and thermal power (coal-fired and gas-fired) plants, which are situated mostly in eastern, central and southern China, with a total attributable operational generation capacity of about 52.6 gigawatts as of end-2022. Renewable energy accounts for about 32.3% of its capacity. China Resources Holdings, a key state-owned conglomerate, owns approximately 62.9% of CR Power's shares outstanding.