CCT Fortis Holdings (HKSE:00138) PB Ratio : 0.26 (As of May. 28, 2024)

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What is CCT Fortis 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 (2024-05-28), CCT Fortis Holdings's share price is HK$0.12. CCT Fortis Holdings's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.46. Hence, CCT Fortis Holdings's PB Ratio of today is 0.26.

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

HKSE:00138' s PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.24 Max: 0.56
Current: 0.26

During the past 13 years, CCT Fortis Holdings's highest PB Ratio was 0.56. The lowest was 0.07. And the median was 0.24.

HKSE:00138's PB Ratio is ranked better than
93.59% of 515 companies
in the Conglomerates industry
Industry Median: 1.06 vs HKSE:00138: 0.26

During the past 12 months, CCT Fortis Holdings's average Book Value Per Share Growth Rate was -65.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -42.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -30.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -13.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CCT Fortis Holdings was 42.60% per year. The lowest was -42.90% per year. And the median was -2.40% per year.

Back to Basics: PB Ratio

CCT Fortis Holdings PB Ratio Historical Data

The historical data trend for CCT Fortis 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.

CCT Fortis Holdings PB Ratio Chart

CCT Fortis Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.14

0.09

0.10

0.57

CCT Fortis Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.10	0.10	0.10	0.19	0.57

Competitive Comparison of CCT Fortis Holdings's PB Ratio

For the Conglomerates subindustry, CCT Fortis 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.

CCT Fortis Holdings's PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CCT Fortis Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where CCT Fortis Holdings's PB Ratio falls into.

CCT Fortis 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.

CCT Fortis Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.12	/	0.456
	=	0.26

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.

CCT Fortis Holdings (HKSE:00138) 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.

CCT Fortis Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of CCT Fortis Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

CCT Fortis Holdings (HKSE:00138) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » CCT Fortis Holdings Ltd (HKSE:00138) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Wo Shing Street, 18th Floor, CCT Telecom Building, Fotan, New Territories, Shatin, HKG

Website

https://www.cct-fortis.com

CCT Fortis Holdings Ltd is engaged in various activities including development, trading, investment, holding of properties; trading in securities and holding of securities and treasury products; trading and sale of classic cars and car logistics; trading and sale of Ferrari vehicles and provision of after-sales services for Ferrari automotive; acquisition of classic cars for long-term investment purpose; production, investment and distribution of films world wide; sale and leasing of audio and lighting equipment and provision of technical and engineering services and metal construction work for stage performance events; running of car service center, artist management, magazine publication, and investment in collectible precision devices.

Executives

Capital Winner Investments Limited	2101 Beneficial owner
New Capital Industrial Limited	2101 Beneficial owner
Capital Force International Limited	2101 Beneficial owner
Treasure Goal International Limited	2101 Beneficial owner
Mak Shiu Tong	2201 Interest of corporation controlled by you
Mak Chun Kiu	2201 Interest of corporation controlled by you

CCT Fortis Holdings (HKSE:00138) Headlines

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