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Bank Of China (SHSE:601988) Price-to-Tangible-Book

: 0.55 (As of Today)
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As of today (2024-04-16), Bank Of China's share price is ¥4.64. Bank Of China's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥8.43. Hence, Bank Of China's Price to Tangible Book Ratio of today is 0.55.

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

SHSE:601988' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.41   Med: 0.68   Max: 1.14
Current: 0.55

During the past 13 years, Bank Of China's highest Price to Tangible Book Ratio was 1.14. The lowest was 0.41. And the median was 0.68.

SHSE:601988's Price-to-Tangible-Book is ranked better than
81.16% of 1444 companies
in the Banks industry
Industry Median: 0.92 vs SHSE:601988: 0.55

A closely related ratio is called PB Ratio. As of today, Bank Of China's share price is ¥4.64. Bank Of China's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥8.53. Hence, Bank Of China's P/B Ratio of today is 0.54.


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

The historical data trend for Bank Of China'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.

Bank Of China 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 0.65 0.50 0.43 0.41 0.47

Bank Of China 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 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 0.41 0.43 0.49 0.46 0.47

Competitive Comparison

For the Banks - Diversified subindustry, Bank Of China'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.


Bank Of China Price-to-Tangible-Book Distribution

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

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



Bank Of China Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.64/8.427
=0.55

* 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.


Bank Of China Price-to-Tangible-Book Related Terms

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


Bank Of China (SHSE:601988) Business Description

Traded in Other Exchanges
Address
No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Bank of China was founded in 1912 with headquarter in Beijing. The bank has evolved as a central bank, international exchange bank, and state-owned bank specializing in foreign trade business. BOC was listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%.

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