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The historical rank and industry rank for China Tobacco International (HK) Co's Price-to-Tangible-Book or its related term are showing as below:
CTOBF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.18 Med: 6.13 Max: 8.27
Current: 4.18
During the past 11 years, China Tobacco International (HK) Co's highest Price to Tangible Book Ratio was 8.27. The lowest was 3.18. And the median was 6.13.
CTOBF's Price-to-Tangible-Book is ranked worse than 60% of 35
companies
in the Tobacco Products industry
Industry Median: 3.29
vs CTOBF: 4.18
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 Tobacco International (HK) Co Price-to-Tangible-Book Related Terms
China Tobacco International (HK) Co Price-to-Tangible-Book Historical Data
* 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.
China Tobacco International (HK) Co Price-to-Tangible-Book Chart
CTOBF vs PM, MO, TPB: Price-to-Tangible-Book Comparison
For the Tobacco subindustry, China Tobacco International (HK) 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 Tobacco International (HK) Co Price-to-Tangible-Book vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, China Tobacco International (HK) Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where China Tobacco International (HK) Co's Price-to-Tangible-Book falls into.
* 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.
China Tobacco International (HK) Co (CTOBF) has a Price-to-Tangible-Book of 2.82 as of Sep. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on China Tobacco International (HK) Co and its competitors. According to the industry distribution chart, China Tobacco International (HK) Co ranks #21 out of 35 companies in the Tobacco Products industry, placing it in the top 60%.
Is China Tobacco International (HK) Co's Price-to-Tangible-Book too high?
China Tobacco International (HK) Co's current Price-to-Tangible-Book is 2.82. The Tobacco Products industry median Price-to-Tangible-Book is 3.29. China Tobacco International (HK) Co's value of 2.82 is 14.3% below this industry median. Based on the distribution chart, China Tobacco International (HK) Co ranks #21 out of 35 companies in the Tobacco Products industry, which is below the industry midpoint. Overall, China Tobacco International (HK) Co has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does China Tobacco International (HK) Co's Price-to-Tangible-Book compare to PM and MO?
According to the Tobacco Products industry distribution chart, China Tobacco International (HK) Co ranks #21 out of 35 companies for Price-to-Tangible-Book. This places China Tobacco International (HK) Co in the lower half of its industry. The industry median Price-to-Tangible-Book is 3.29. China Tobacco International (HK) Co's value of 2.82 is 14.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Tobacco Products company?
The median Price-to-Tangible-Book among Tobacco Products companies is 3.29, based on 35 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Tobacco International (HK) Co's current Price-to-Tangible-Book of 2.82 is 14.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on China Tobacco International (HK) Co and its competitors. For the Tobacco Products industry, the median Price-to-Tangible-Book is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Tobacco International (HK) Co's current Price-to-Tangible-Book is 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Tobacco International (HK) Co stock overvalued right now?
China Tobacco International (HK) Co (CTOBF) has a current Price-to-Tangible-Book of 2.82. The stock's GF Value™ is $1.93, compared to a current price of $2.05 — trading 6.2% above its estimated fair value. The current Price-to-Tangible-Book is 2.82 and 14.3% below the Tobacco Products industry median of 3.29. China Tobacco International (HK) Co's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For China Tobacco International (HK) Co (CTOBF), the current Price-to-Tangible-Book is 2.82 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Tobacco International (HK) Co (CTOBF) Overvalued in 2026?
Based on GuruFocus' analysis, China Tobacco International (HK) Co stock appears to be overvalued.
The current stock price of $2.05 is trading 6.2% above its estimated GF Value™ of $1.93.
Key valuation signals for CTOBF:
Price-to-Tangible-Book: 2.82
GF Value™: $1.93 vs. price of $2.05 (6.2% above fair value)
Industry Position: 14.3% below the Tobacco Products median (#21 of 35)
No single metric tells the full story. See the CTOBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Tobacco International (HK) Co Ltd is engaged in the tobacco business. It operates through various segments namely the Tobacco Leaf Products Export Business, the Tobacco Leaf Product Import Business, the Cigarettes Export Business, the New Tobacco Product Export Business, and the Brazil Operation Business. The company's geographical segments are China (excluding the SARs), Indonesia, Korea, Hong Kong, Philippines, Vietnam, Brazil, Belgium, Poland, Paraguay, Egypt, and others, of which it derives maximum revenue from the PRC. It earns maximum revenue from the Tobacco Leaf Product Import Business.
88GF Score
Get the complete analysis for CTOBF
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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