Longfor Group Holdings (Longfor Group Holdings) Price-to-Tangible-Book : 0.52 (As of May. 15, 2024)

View and export this data going back to 2012. Start your Free Trial

What is Longfor Group Holdings Price-to-Tangible-Book?

As of today (2024-05-15), Longfor Group Holdings's share price is $16.20. Longfor Group Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $31.05. Hence, Longfor Group Holdings's Price to Tangible Book Ratio of today is 0.52.

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

LGFRY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.51 Med: 1.47 Max: 2.92
Current: 0.52

During the past 13 years, Longfor Group Holdings's highest Price to Tangible Book Ratio was 2.92. The lowest was 0.51. And the median was 1.47.

LGFRY's Price-to-Tangible-Book is ranked better than
70.32% of 1725 companies
in the Real Estate industry
Industry Median: 0.83 vs LGFRY: 0.52

A closely related ratio is called PB Ratio. As of today, Longfor Group Holdings's share price is $16.20. Longfor Group Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $32.29. Hence, Longfor Group Holdings's P/B Ratio of today is 0.50.

Longfor Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Longfor Group 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.

Longfor Group Holdings Price-to-Tangible-Book Chart

Longfor Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.10

2.13

1.54

0.99

0.51

Longfor Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	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															1.54	1.63	0.99	0.78	0.51

Competitive Comparison of Longfor Group Holdings's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Longfor Group 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.

Longfor Group Holdings's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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

Longfor Group Holdings Price-to-Tangible-Book Calculation

Longfor Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	16.20	/	31.046
	=	0.52

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.

Longfor Group Holdings Price-to-Tangible-Book Related Terms

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

Longfor Group Holdings (Longfor Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Longfor Group Holdings Ltd (OTCPK:LGFRY) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

LNGPF:USA 00960:Hong Kong RLF:Germany

Address

No. 8 Beiyuan Street, Building 6, Beijing Longfor Blue Engine Industrial Park, Chaoyang District, Beijing, CHN, 100012

Website

https://www.longfor.com

Longfor Group Holdings, or Longfor, is a privately owned real estate developer in China with contracted sales value placing it among the top 10 of all China's developers. The company focuses on developing high-quality residential projects, as well as operating shopping malls and rental apartments in China's wealthier cities. Property development represents the majority of Longfor's revenue and gross profit, while income from commercial properties, property management, and project management services have been growing fast. At the end of 2022, Wu Yajun remained Longfor's largest shareholder with an over 43% equity interest, while her ex-husband Cai Kui has a 23% stake.