China Railway Construction (SHSE:601186) Price-to-Tangible-Book : 0.49 (As of Apr. 24, 2024)

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What is China Railway Construction Price-to-Tangible-Book?

As of today (2024-04-24), China Railway Construction's share price is ¥8.60. China Railway Construction's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥17.68. Hence, China Railway Construction's Price to Tangible Book Ratio of today is 0.49.

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

SHSE:601186' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43 Med: 1.08 Max: 2.68
Current: 0.49

During the past 13 years, China Railway Construction's highest Price to Tangible Book Ratio was 2.68. The lowest was 0.43. And the median was 1.08.

SHSE:601186's Price-to-Tangible-Book is ranked better than
85.59% of 1499 companies
in the Construction industry
Industry Median: 1.32 vs SHSE:601186: 0.49

A closely related ratio is called PB Ratio. As of today, China Railway Construction's share price is ¥8.60. China Railway Construction's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥22.82. Hence, China Railway Construction's P/B Ratio of today is 0.38.

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

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

China Railway Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.92

0.59

0.53

0.46

0.43

China Railway Construction 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															0.46	0.53	0.56	0.49	0.43

Competitive Comparison of China Railway Construction's Price-to-Tangible-Book

For the Engineering & Construction subindustry, China Railway Construction'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 Railway Construction's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Price-to-Tangible-Book distribution charts can be found below:

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

China Railway Construction Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	8.60	/	17.676
	=	0.49

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 Railway Construction Price-to-Tangible-Book Related Terms

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

China Railway Construction (SHSE:601186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Construction Corp Ltd (SHSE:601186) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

01186:Hong Kong 4FF:Germany

Address

East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855

Website

https://www.crcc.cn

China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segment: Construction; Survey, Design, and Consultancy; Manufacturing; Real Estate; and Other Business Operations. Most of the firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

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