COFCO Joycome Foods (HKSE:01610) Price-to-Tangible-Book : 0.93 (As of May. 25, 2024)

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What is COFCO Joycome Foods Price-to-Tangible-Book?

As of today (2024-05-25), COFCO Joycome Foods's share price is HK$2.00. COFCO Joycome Foods's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.15. Hence, COFCO Joycome Foods's Price to Tangible Book Ratio of today is 0.93.

The historical rank and industry rank for COFCO Joycome Foods's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01610' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87 Med: 1.09 Max: 1.3
Current: 0.93

During the past 11 years, COFCO Joycome Foods's highest Price to Tangible Book Ratio was 1.30. The lowest was 0.87. And the median was 1.09.

HKSE:01610's Price-to-Tangible-Book is ranked better than
72.76% of 1711 companies
in the Consumer Packaged Goods industry
Industry Median: 1.72 vs HKSE:01610: 0.93

A closely related ratio is called PB Ratio. As of today, COFCO Joycome Foods's share price is HK$2.00. COFCO Joycome Foods's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.18. Hence, COFCO Joycome Foods's P/B Ratio of today is 0.92.

COFCO Joycome Foods Price-to-Tangible-Book Historical Data

The historical data trend for COFCO Joycome Foods'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.

COFCO Joycome Foods Price-to-Tangible-Book Chart

COFCO Joycome Foods Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.30

0.96

1.13

0.97

0.87

COFCO Joycome Foods Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial														1.13	1.71	0.97	0.90	0.87

Competitive Comparison of COFCO Joycome Foods's Price-to-Tangible-Book

For the Packaged Foods subindustry, COFCO Joycome Foods'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.

COFCO Joycome Foods's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, COFCO Joycome Foods's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where COFCO Joycome Foods's Price-to-Tangible-Book falls into.

COFCO Joycome Foods Price-to-Tangible-Book Calculation

COFCO Joycome Foods's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.00	/	2.154
	=	0.93

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.

COFCO Joycome Foods Price-to-Tangible-Book Related Terms

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

COFCO Joycome Foods (HKSE:01610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » COFCO Joycome Foods Ltd (HKSE:01610) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

0M7:Germany

Address

No.8, Chao Yang Men South Street, COFCO Fortune Plaza, Chao Yang District, Beijing, CHN

Website

https://www.cofcojoycome.com

COFCO Joycome Foods Ltd is engaged in the feed production, hog production, slaughtering and cutting, production, distribution and sale of fresh pork and processed meat products, import and distribution of meat products (including pork, beef, poultry and mutton). Its segments include Hog production segment represents hog breeding and sales of hogs; Fresh pork segment represents slaughtering, wholesale and retail sales of fresh and frozen meats; Processed meat products segment represents manufacture, wholesale and retail sales of processed meat products; and Meat import segment represents sales of imported meat products. Geographically it derives revenue from Mainland China.

Executives

Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si	2102 Investment manager
Cofco (hong Kong) Limited
Cofco Corporation

COFCO Joycome Foods (HKSE:01610) Headlines

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