CNGKY (CK Asset Holdings) Price-to-Tangible-Book : 0.28 (As of Mar. 30, 2025)

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What is CK Asset Holdings Price-to-Tangible-Book?

As of today (2025-03-30), CK Asset Holdings's share price is $7.96. CK Asset Holdings's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $28.71. Hence, CK Asset Holdings's Price to Tangible Book Ratio of today is 0.28.

The historical rank and industry rank for CK Asset Holdings's Price-to-Tangible-Book or its related term are showing as below:

CNGKY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.26 Med: 0.59 Max: 0.96
Current: 0.26

During the past 13 years, CK Asset Holdings's highest Price to Tangible Book Ratio was 0.96. The lowest was 0.26. And the median was 0.59.

CNGKY's Price-to-Tangible-Book is ranked better than
84.48% of 1695 companies
in the Real Estate industry
Industry Median: 0.8 vs CNGKY: 0.26

A closely related ratio is called PB Ratio. As of today, CK Asset Holdings's share price is $7.96. CK Asset Holdings's Book Value per Sharefor the quarter that ended in Jun. 2024 was $28.89. Hence, CK Asset Holdings's P/B Ratio of today is 0.28.

CK Asset Holdings Price-to-Tangible-Book Historical Data

The historical data trend for CK Asset Holdings'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.

CK Asset Holdings Price-to-Tangible-Book Chart

CK Asset Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Price-to-Tangible-Book

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0.45

0.43

0.35

0.29

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
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.43	0.39	0.35	0.27	0.29

Competitive Comparison of CK Asset Holdings's Price-to-Tangible-Book

For the Real Estate - Development subindustry, CK Asset Holdings'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.

CK Asset Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CK Asset Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CK Asset Holdings's Price-to-Tangible-Book falls into.

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CK Asset Holdings Price-to-Tangible-Book Calculation

CK Asset Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	7.96	/	28.707
	=	0.28

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.

CK Asset Holdings Price-to-Tangible-Book Related Terms

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

CK Asset Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CK Asset Holdings Ltd (OTCPK:CNGKY) » Definitions » Price-to-Tangible-Book

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.