Ocean Line Port Development (HKSE:08502) Price-to-Tangible-Book : 0.44 (As of Jun. 18, 2024)

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What is Ocean Line Port Development Price-to-Tangible-Book?

As of today (2024-06-18), Ocean Line Port Development's share price is HK$0.295. Ocean Line Port Development's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.67. Hence, Ocean Line Port Development's Price to Tangible Book Ratio of today is 0.44.

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

HKSE:08502' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36 Med: 0.51 Max: 0.91
Current: 0.44

During the past 9 years, Ocean Line Port Development's highest Price to Tangible Book Ratio was 0.91. The lowest was 0.36. And the median was 0.51.

HKSE:08502's Price-to-Tangible-Book is ranked better than
87.76% of 1511 companies
in the Construction industry
Industry Median: 1.31 vs HKSE:08502: 0.44

A closely related ratio is called PB Ratio. As of today, Ocean Line Port Development's share price is HK$0.295. Ocean Line Port Development's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.67. Hence, Ocean Line Port Development's P/B Ratio of today is 0.44.

Ocean Line Port Development Price-to-Tangible-Book Historical Data

The historical data trend for Ocean Line Port 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.

* Premium members only.

Ocean Line Port Development Price-to-Tangible-Book Chart

Ocean Line Port Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.61

0.49

0.44

0.36

0.52

Ocean Line Port Development Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.36	-	0.48	-	0.52

Competitive Comparison of Ocean Line Port Development's Price-to-Tangible-Book

For the Infrastructure Operations subindustry, Ocean Line Port 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.

Ocean Line Port Development's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ocean Line Port Development's Price-to-Tangible-Book distribution charts can be found below:

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

Ocean Line Port Development Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.295	/	0.665
	=	0.44

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.

Ocean Line Port Development Price-to-Tangible-Book Related Terms

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

Ocean Line Port Development (HKSE:08502) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ocean Line Port Development Ltd (HKSE:08502) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

No.8 Yanjiang Avenue, Chizhou Economic Development Zone, Chizhou, Anhui, CHN

Website

http://www.oceanlineport.com

Ocean Line Port Development Ltd is engaged in the provision of port logistic services. Its business includes cargo handling and related supporting port services, including warehousing, short-haul land transportation, and other miscellaneous services. The company provides loading and unloading services for domestic and foreign trade, covering a wide range of cargo types, including bulk cargoes. Geographically, the group provides port services in China, and all its revenues are generated in China.

Executives

Vital Force Developments Limited	2101 Beneficial owner
Cheung Wai Fung	2101 Beneficial owner
Kwai Sze Hoi	2101 Beneficial owner

Ocean Line Port Development (HKSE:08502) Headlines

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