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CRHKY (China Resources Beer (Holdings) Co) Price-to-Tangible-Book : 10.57 (As of Dec. 14, 2024)


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What is China Resources Beer (Holdings) Co Price-to-Tangible-Book?

As of today (2024-12-14), China Resources Beer (Holdings) Co's share price is $6.68. China Resources Beer (Holdings) Co's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $0.63. Hence, China Resources Beer (Holdings) Co's Price to Tangible Book Ratio of today is 10.57.

The historical rank and industry rank for China Resources Beer (Holdings) Co's Price-to-Tangible-Book or its related term are showing as below:

CRHKY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.57   Med: 10.29   Max: 33.18
Current: 10.28

During the past 13 years, China Resources Beer (Holdings) Co's highest Price to Tangible Book Ratio was 33.18. The lowest was 1.57. And the median was 10.29.

CRHKY's Price-to-Tangible-Book is ranked worse than
88.76% of 178 companies
in the Beverages - Alcoholic industry
Industry Median: 2.31 vs CRHKY: 10.28

A closely related ratio is called PB Ratio. As of today, China Resources Beer (Holdings) Co's share price is $6.68. China Resources Beer (Holdings) Co's Book Value per Sharefor the quarter that ended in Jun. 2024 was $2.79. Hence, China Resources Beer (Holdings) Co's P/B Ratio of today is 2.39.


China Resources Beer (Holdings) Co Price-to-Tangible-Book Historical Data

The historical data trend for China Resources Beer (Holdings) Co'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.

China Resources Beer (Holdings) Co Price-to-Tangible-Book Chart

China Resources Beer (Holdings) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.73 15.29 11.36 8.92 22.50

China Resources Beer (Holdings) Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Price-to-Tangible-Book Get a 7-Day Free Trial 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 8.99 8.92 33.32 22.50 10.78

Competitive Comparison of China Resources Beer (Holdings) Co's Price-to-Tangible-Book

For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co'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.


China Resources Beer (Holdings) Co's Price-to-Tangible-Book Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Resources Beer (Holdings) Co's Price-to-Tangible-Book falls into.



China Resources Beer (Holdings) Co Price-to-Tangible-Book Calculation

China Resources Beer (Holdings) Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=6.68/0.632
=10.57

* 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.


China Resources Beer (Holdings) Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of China Resources Beer (Holdings) Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


China Resources Beer (Holdings) Co Business Description

Traded in Other Exchanges
Address
No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG
China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 26%, versus 15% of Tsingtao and 19% of Budweiser APAC, based on Euromonitor data.

China Resources Beer (Holdings) Co Headlines