China Ocean Group Development (HKSE:08047) Price-to-Tangible-Book : 0.38 (As of May. 13, 2025)

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What is China Ocean Group Development Price-to-Tangible-Book?

As of today (2025-05-13), China Ocean Group Development's share price is HK$0.025. China Ocean Group Development's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was HK$0.07. Hence, China Ocean Group Development's Price to Tangible Book Ratio of today is 0.38.

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

HKSE:08047' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3 Med: 1.24 Max: 3.31
Current: 0.36

During the past 13 years, China Ocean Group Development's highest Price to Tangible Book Ratio was 3.31. The lowest was 0.30. And the median was 1.24.

HKSE:08047's Price-to-Tangible-Book is ranked better than
94.14% of 904 companies
in the Transportation industry
Industry Median: 1.37 vs HKSE:08047: 0.36

A closely related ratio is called PB Ratio. As of today, China Ocean Group Development's share price is HK$0.025. China Ocean Group Development's Book Value per Sharefor the quarter that ended in Sep. 2024 was HK$0.07. Hence, China Ocean Group Development's P/B Ratio of today is 0.38.

China Ocean Group Development Price-to-Tangible-Book Historical Data

The historical data trend for China Ocean Group Development'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.

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China Ocean Group Development Price-to-Tangible-Book Chart

China Ocean Group Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

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0.81

0.85

2.28

1.40

0.71

China Ocean Group Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.40	-	1.17	0.71	0.45

Competitive Comparison of China Ocean Group Development's Price-to-Tangible-Book

For the Integrated Freight & Logistics subindustry, China Ocean Group Development'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.

China Ocean Group Development's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, China Ocean Group Development's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Ocean Group Development's Price-to-Tangible-Book falls into.

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China Ocean Group Development Price-to-Tangible-Book Calculation

China Ocean Group Development's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2024 )
	=	0.025	/	0.066
	=	0.38

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.

China Ocean Group Development Price-to-Tangible-Book Related Terms

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

China Ocean Group Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Ocean Group Development Ltd (HKSE:08047) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Wan Chai, Room 03, 22nd Floor, China Resources Building, Hong Kong, HKG

Website

http://www.chinaoceangroup.com.hk

China Ocean Group Development Ltd operates as a holding company. It is engaged in various business segments that are Supply Chain Management Segment services business, which provides services involving the planning and implementation of an integrated solution for the effective flow of business, logistic, information and funds; and Money Lending, which provides money lending services. The Ocean fishing segment which provides fishing and catching business in open sea beyond the coastal region. The Supply Chain Management services business segment generates maximum revenue for the company. Geographically, the company offers its services to Hong Kong and China.

Executives

Liu Yi	2101 Beneficial owner
Jing Peng Xin He (hong Kong) Limited	2101 Beneficial owner
Shenzhqn Jing Peng Xin Trade Co Ltd	2101 Beneficial owner
Chen Quan	2101 Beneficial owner

China Ocean Group Development Headlines

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