Million Hope Industries Holdings (HKSE:01897) Price-to-Tangible-Book : 0.32 (As of May. 28, 2024)

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What is Million Hope Industries Holdings Price-to-Tangible-Book?

As of today (2024-05-28), Million Hope Industries Holdings's share price is HK$0.405. Million Hope Industries Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was HK$1.27. Hence, Million Hope Industries Holdings's Price to Tangible Book Ratio of today is 0.32.

The historical rank and industry rank for Million Hope Industries Holdings's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01897' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.32 Med: 0.53 Max: 0.7
Current: 0.32

During the past 8 years, Million Hope Industries Holdings's highest Price to Tangible Book Ratio was 0.70. The lowest was 0.32. And the median was 0.53.

HKSE:01897's Price-to-Tangible-Book is ranked better than
93.97% of 1508 companies
in the Construction industry
Industry Median: 1.335 vs HKSE:01897: 0.32

A closely related ratio is called PB Ratio. As of today, Million Hope Industries Holdings's share price is HK$0.405. Million Hope Industries Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was HK$1.27. Hence, Million Hope Industries Holdings's P/B Ratio of today is 0.32.

Million Hope Industries Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Million Hope Industries Holdings'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.

Million Hope Industries Holdings Price-to-Tangible-Book Chart

Million Hope Industries Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.65

0.52

0.70

0.53

0.36

Million Hope Industries Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial									0.65	0.53	0.36	0.36	0.33

Competitive Comparison of Million Hope Industries Holdings's Price-to-Tangible-Book

For the Building Products & Equipment subindustry, Million Hope Industries Holdings'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.

Million Hope Industries Holdings's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Million Hope Industries Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Million Hope Industries Holdings's Price-to-Tangible-Book falls into.

Million Hope Industries Holdings Price-to-Tangible-Book Calculation

Million Hope Industries Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.405	/	1.268
	=	0.32

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.

Million Hope Industries Holdings Price-to-Tangible-Book Related Terms

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

Million Hope Industries Holdings (HKSE:01897) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Million Hope Industries Holdings Ltd (HKSE:01897) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 On Kwan Street, Office A, 20th Floor, Kings Wing Plaza 1, Shek Mum, Shatin, New Territories, Hong Kong, HKG

Website

http://www.millionhope.com.hk

Million Hope Industries Holdings Ltd and its subsidiaries are engaged in designing, supplying and installation of facade and curtain wall systems, with a focus on curtain walls, aluminum windows and doors. The company provides design, supply and installation services for curtain walls, aluminium windows and doors on both new and existing buildings, and works with customers and architects to offer tailor-made designs and products to suit the project requirements. The principal customers are the main contractors and property developers. Geographically, the group has a business presence in Hong Kong, Mainland China and Others, of which prime revenue is generated from Hong Kong.

Executives

Ccm Trust (cayman) Limited
Webb David Michael	2201 Interest of corporation controlled by you
Mingly Corporation
Mingly Asia Capital Limited
Cha Mou Daid Johnson
Ccm Capital Corporation
Wong Lui Kwok Wai	2202 Interest of your spouse
Wong Sue Toa Stewart	2101 Beneficial owner
Cha Mou Sing Payson	2501 Other
Lbj Regents Limited	2501 Other

Million Hope Industries Holdings (HKSE:01897) Headlines

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