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Tai Cheung Holdings (Tai Cheung Holdings) Price-to-Tangible-Book : 0.53 (As of Apr. 25, 2024)


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What is Tai Cheung Holdings Price-to-Tangible-Book?

As of today (2024-04-25), Tai Cheung Holdings's share price is $3.55. Tai Cheung Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $6.70. Hence, Tai Cheung Holdings's Price to Tangible Book Ratio of today is 0.53.

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

TAICY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.31   Med: 0.54   Max: 0.76
Current: 0.33

During the past 13 years, Tai Cheung Holdings's highest Price to Tangible Book Ratio was 0.76. The lowest was 0.31. And the median was 0.54.

TAICY's Price-to-Tangible-Book is ranked better than
82.65% of 1723 companies
in the Real Estate industry
Industry Median: 0.81 vs TAICY: 0.33

A closely related ratio is called PB Ratio. As of today, Tai Cheung Holdings's share price is $3.55. Tai Cheung Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was $6.70. Hence, Tai Cheung Holdings's P/B Ratio of today is 0.53.


Tai Cheung Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Tai Cheung Holdings'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.

Tai Cheung Holdings Price-to-Tangible-Book Chart

Tai Cheung Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
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Tai Cheung Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Tai Cheung Holdings's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Tai Cheung Holdings'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.


Tai Cheung Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

* The bar in red indicates where Tai Cheung Holdings's Price-to-Tangible-Book falls into.



Tai Cheung Holdings Price-to-Tangible-Book Calculation

Tai Cheung Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=3.55/6.698
=0.53

* 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.


Tai Cheung Holdings Price-to-Tangible-Book Related Terms

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


Tai Cheung Holdings (Tai Cheung Holdings) Business Description

Traded in Other Exchanges
Address
3A Chater Road, Central, 20th Floor, The Hong Kong Club Building, Hong Kong, HKG
Tai Cheung Holdings Ltd is a Hong Kong-based company engaged in property investment and development, investment holding, and property management. The company's property portfolio includes office towers as well as industrial and residential buildings. In addition, the group has a hotel operation arm through its interest in Sheraton Hong Kong Hotel & Towers, a 5-star hotel located in Tsim Sha Tsui, Kowloon. The company divides its business activities into property development and leasing, property management, hotel operation, and investment holding. Tai Cheung generates the majority of its income from property sales.

Tai Cheung Holdings (Tai Cheung Holdings) Headlines

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