Lai Sun Development Co (HKSE:00488) Price-to-Tangible-Book : 0.03 (As of May. 12, 2024)

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What is Lai Sun Development Co Price-to-Tangible-Book?

As of today (2024-05-12), Lai Sun Development Co's share price is HK$0.65. Lai Sun Development Co's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was HK$18.85. Hence, Lai Sun Development Co's Price to Tangible Book Ratio of today is 0.03.

The historical rank and industry rank for Lai Sun Development Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00488' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.03 Med: 0.16 Max: 0.33
Current: 0.03

During the past 13 years, Lai Sun Development Co's highest Price to Tangible Book Ratio was 0.33. The lowest was 0.03. And the median was 0.16.

HKSE:00488's Price-to-Tangible-Book is ranked better than
99.59% of 1721 companies
in the Real Estate industry
Industry Median: 0.83 vs HKSE:00488: 0.03

A closely related ratio is called PB Ratio. As of today, Lai Sun Development Co's share price is HK$0.65. Lai Sun Development Co's Book Value per Sharefor the quarter that ended in Jan. 2024 was HK$19.13. Hence, Lai Sun Development Co's P/B Ratio of today is 0.03.

Lai Sun Development Co Price-to-Tangible-Book Historical Data

The historical data trend for Lai Sun Development 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.

Lai Sun Development Co Price-to-Tangible-Book Chart

Lai Sun Development Co Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.20

0.15

0.11

0.13

0.07

Lai Sun Development Co Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.11	0.13	0.08	0.07	0.04

Competitive Comparison of Lai Sun Development Co's Price-to-Tangible-Book

For the Real Estate - Diversified subindustry, Lai Sun Development 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.

Lai Sun Development Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lai Sun Development Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lai Sun Development Co's Price-to-Tangible-Book falls into.

Lai Sun Development Co Price-to-Tangible-Book Calculation

Lai Sun Development Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	0.65	/	18.847
	=	0.03

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.

Lai Sun Development Co Price-to-Tangible-Book Related Terms

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

Lai Sun Development Co (HKSE:00488) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lai Sun Development Co Ltd (HKSE:00488) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

LVSDF:USA

Address

680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG

Website

https://www.laisun.com

Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.

Lai Sun Development Co (HKSE:00488) Headlines

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