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Qilu Expressway Company (HKSE:01576) Price-to-Tangible-Book : (As of May. 15, 2024)


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What is Qilu Expressway Company Price-to-Tangible-Book?

As of today (2024-05-15), Qilu Expressway Company's share price is HK$2.26. Qilu Expressway Company's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$-2.49. Hence, Qilu Expressway Company's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Qilu Expressway Company's Price-to-Tangible-Book or its related term are showing as below:

During the past 9 years, Qilu Expressway Company's highest Price to Tangible Book Ratio was 3.53. The lowest was 3.53. And the median was 3.53.

HKSE:01576's Price-to-Tangible-Book is not ranked *
in the Construction industry.
Industry Median: 1.37
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Qilu Expressway Company's share price is HK$2.26. Qilu Expressway Company's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$3.24. Hence, Qilu Expressway Company's P/B Ratio of today is 0.70.


Qilu Expressway Company Price-to-Tangible-Book Historical Data

The historical data trend for Qilu Expressway Company'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.

Qilu Expressway Company Price-to-Tangible-Book Chart

Qilu Expressway Company Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Qilu Expressway Company Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Qilu Expressway Company's Price-to-Tangible-Book

For the Infrastructure Operations subindustry, Qilu Expressway Company'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.


Qilu Expressway Company's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Qilu Expressway Company's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Qilu Expressway Company's Price-to-Tangible-Book falls into.



Qilu Expressway Company Price-to-Tangible-Book Calculation

Qilu Expressway Company's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.26/-2.488
=

* 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.


Qilu Expressway Company Price-to-Tangible-Book Related Terms

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


Qilu Expressway Company (HKSE:01576) Business Description

Traded in Other Exchanges
N/A
Address
No. 7000, Jingshi East Road, Zone 3, Hanyu Financial & Business Centre, Room 2301, Block 4, High-tech Zone, Shandong Province, Jinan, CHN
Qilu Expressway Company Ltd is an expressway operator in Shandong province with the concession rights to construct, maintain, operate and management of the Jihe Expressway, the Deshang Expressway and the Shennan Expressway. It has only one reportable segment, Expressway Business. Its operations are located in Mainland China.

Qilu Expressway Company (HKSE:01576) Headlines

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