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Metro Land (SHSE:600683) Price-to-Tangible-Book : 0.52 (As of Dec. 12, 2024)


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What is Metro Land Price-to-Tangible-Book?

As of today (2024-12-12), Metro Land's share price is ¥4.66. Metro Land's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ¥9.02. Hence, Metro Land's Price to Tangible Book Ratio of today is 0.52.

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

SHSE:600683' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.37   Med: 1.16   Max: 5.03
Current: 0.52

During the past 13 years, Metro Land's highest Price to Tangible Book Ratio was 5.03. The lowest was 0.37. And the median was 1.16.

SHSE:600683's Price-to-Tangible-Book is ranked better than
69.68% of 1695 companies
in the Real Estate industry
Industry Median: 0.86 vs SHSE:600683: 0.52

A closely related ratio is called PB Ratio. As of today, Metro Land's share price is ¥4.66. Metro Land's Book Value per Sharefor the quarter that ended in Sep. 2024 was ¥9.08. Hence, Metro Land's P/B Ratio of today is 0.51.


Metro Land Price-to-Tangible-Book Historical Data

The historical data trend for Metro Land'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.

Metro Land Price-to-Tangible-Book Chart

Metro Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 0.47 0.43 0.39 0.45

Metro Land Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.45 0.51 0.37 0.56

Competitive Comparison of Metro Land's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Metro Land'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.


Metro Land's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

* The bar in red indicates where Metro Land's Price-to-Tangible-Book falls into.



Metro Land Price-to-Tangible-Book Calculation

Metro Land's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=4.66/9.023
=0.52

* 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.

It can also be calculated from the numbers for the whole company:

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.


Metro Land Price-to-Tangible-Book Related Terms

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


Metro Land Business Description

Traded in Other Exchanges
N/A
Address
No.2 Jianguomenwai Avenue Beijing Yintai Centre, Block C, 17th Floor, Chaoyang District, Beijing, CHN, 100022
Metro Land Corp Ltd is a real estate company.
Executives
Cheng Shao Liang Director
Yang Da Yong Director

Metro Land Headlines

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