KRP Development Holdings (HKSE:02421) Price-to-Tangible-Book : 0.37 (As of May. 16, 2024)

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What is KRP Development Holdings Price-to-Tangible-Book?

As of today (2024-05-16), KRP Development Holdings's share price is HK$0.69. KRP Development Holdings's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was HK$1.87. Hence, KRP Development Holdings's Price to Tangible Book Ratio of today is 0.37.

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

HKSE:02421' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36 Med: 0.75 Max: 0.75
Current: 0.37

During the past 4 years, KRP Development Holdings's highest Price to Tangible Book Ratio was 0.75. The lowest was 0.36. And the median was 0.75.

HKSE:02421's Price-to-Tangible-Book is ranked better than
79.81% of 1724 companies
in the Real Estate industry
Industry Median: 0.84 vs HKSE:02421: 0.37

A closely related ratio is called PB Ratio. As of today, KRP Development Holdings's share price is HK$0.69. KRP Development Holdings's Book Value per Sharefor the quarter that ended in Mar. 2023 was HK$1.87. Hence, KRP Development Holdings's P/B Ratio of today is 0.37.

KRP Development Holdings Price-to-Tangible-Book Historical Data

The historical data trend for KRP Development 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.

KRP Development Holdings Price-to-Tangible-Book Chart

KRP Development Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

0.75

KRP Development Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	0.75

Competitive Comparison of KRP Development Holdings's Price-to-Tangible-Book

For the Real Estate - Development subindustry, KRP Development 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.

KRP Development Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

* The bar in red indicates where KRP Development Holdings's Price-to-Tangible-Book falls into.

KRP Development Holdings Price-to-Tangible-Book Calculation

KRP Development Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	0.69	/	1.867
	=	0.37

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.

KRP Development Holdings Price-to-Tangible-Book Related Terms

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

KRP Development Holdings (HKSE:02421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KRP Development Holdings Ltd (HKSE:02421) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.krpd.com.hk

KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.

KRP Development Holdings (HKSE:02421) Headlines

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