CNGKY (CK Asset Holdings) PB Ratio : 0.29 (As of Mar. 27, 2025)

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What is CK Asset Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-03-27), CK Asset Holdings's share price is $8.52. CK Asset Holdings's Book Value per Share for the quarter that ended in Jun. 2024 was $29.08. Hence, CK Asset Holdings's PB Ratio of today is 0.29.

Good Sign:

CK Asset Holdings Ltd stock PB Ratio (=0.28) is close to 10-year low of 0.26

The historical rank and industry rank for CK Asset Holdings's PB Ratio or its related term are showing as below:

CNGKY' s PB Ratio Range Over the Past 10 Years
Min: 0.26 Med: 0.53 Max: 2.72
Current: 0.28

During the past 13 years, CK Asset Holdings's highest PB Ratio was 2.72. The lowest was 0.26. And the median was 0.53.

CNGKY's PB Ratio is ranked better than
83.77% of 1737 companies
in the Real Estate industry
Industry Median: 0.78 vs CNGKY: 0.28

During the past 12 months, CK Asset Holdings's average Book Value Per Share Growth Rate was 2.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CK Asset Holdings was 49.60% per year. The lowest was 3.70% per year. And the median was 10.00% per year.

Back to Basics: PB Ratio

CK Asset Holdings PB Ratio Historical Data

The historical data trend for CK Asset Holdings's PB Ratio 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.

CK Asset Holdings PB Ratio Chart

CK Asset Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

PB Ratio

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0.44

0.43

0.35

0.28

CK Asset Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
PB Ratio	Get a 7-Day Free Trial															0.43	0.39	0.35	0.26	0.28

Competitive Comparison of CK Asset Holdings's PB Ratio

For the Real Estate - Development subindustry, CK Asset Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.

CK Asset Holdings's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CK Asset Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where CK Asset Holdings's PB Ratio falls into.

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CK Asset Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

CK Asset Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	8.52	/	29.083
	=	0.29

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

CK Asset Holdings (OTCPK:CNGKY) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

CK Asset Holdings PB Ratio Related Terms

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CK Asset Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (OTCPK:CNGKY) » Definitions » PB Ratio

Traded in Other Exchanges

CHKGF:USA 01113:Hong Kong 1CK:Germany

Address

2 Queen’s Road Central, 7th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.ckah.com

CK Asset Holdings was the property business arm of the Cheung Kong Group before the spinoff in 2015. It was subsequently renamed CK Asset Holdings from CK Property in 2017. Li Ka-shing and his family remain the largest shareholders of CK Asset over the years, with about a 48% equity stake. The company mainly engages in property development, property investment, and hotel management in Hong Kong and mainland China, while diversifying into social housing, pub operations, and infrastructure management overseas in recent years.