CNT Group (HKSE:00701) PB Ratio : 0.42 (As of May. 21, 2024)

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What is CNT Group 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 (2024-05-21), CNT Group's share price is HK$0.29. CNT Group's Book Value per Share for the quarter that ended in Dec. 2023 was HK$0.70. Hence, CNT Group's PB Ratio of today is 0.42.

The historical rank and industry rank for CNT Group's PB Ratio or its related term are showing as below:

HKSE:00701' s PB Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.49 Max: 1.07
Current: 0.42

During the past 13 years, CNT Group's highest PB Ratio was 1.07. The lowest was 0.32. And the median was 0.49.

HKSE:00701's PB Ratio is ranked better than
95.82% of 1532 companies
in the Chemicals industry
Industry Median: 1.64 vs HKSE:00701: 0.42

During the past 12 months, CNT Group's average Book Value Per Share Growth Rate was -8.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CNT Group was 15.00% per year. The lowest was -5.80% per year. And the median was 1.20% per year.

Back to Basics: PB Ratio

CNT Group PB Ratio Historical Data

The historical data trend for CNT Group'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.

CNT Group PB Ratio Chart

CNT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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0.44

0.43

0.49

0.47

CNT Group 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															0.49	0.51	0.49	0.46	0.47

Competitive Comparison of CNT Group's PB Ratio

For the Specialty Chemicals subindustry, CNT Group'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.

CNT Group's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CNT Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where CNT Group's PB Ratio falls into.

CNT Group 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.

CNT Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.29	/	0.695
	=	0.42

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.

CNT Group (HKSE:00701) 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.

CNT Group PB Ratio Related Terms

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CNT Group (HKSE:00701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CNT Group Ltd (HKSE:00701) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Hennessy Road, 28th Floor, Unit E, CNT Tower, Wanchai, Hong Kong, HKG

Website

https://www.cntgroup.com.hk

CNT Group Ltd is principally engaged in the manufacture and sale of paint products, property investment, iron and steel trading, and investment holding activities. The company operates through the business segments are, The Paint products segment engages in the manufacture and sale of paint products. The Property investment segment comprises the investment in residential, commercial and industrial premises for their rental income potential and development and sale of properties. The Iron and steel trading segment comprises the trading of iron and steel products and related investments. The Hotel business segment, and the other segment comprises, principally, investment holding and securities trading. Majority of the company's revenue comes from the Paint products segment in Mainland China.

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