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China Merchants Securities Asset Management Co.,Ltd (SHSE:600999) Price-to-Tangible-Book : 1.24 (As of Jan. 19, 2025)


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What is China Merchants Securities Asset Management Co.,Ltd Price-to-Tangible-Book?

As of today (2025-01-19), China Merchants Securities Asset Management Co.,Ltd's share price is ¥17.89. China Merchants Securities Asset Management Co.,Ltd's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was ¥14.40. Hence, China Merchants Securities Asset Management Co.,Ltd's Price to Tangible Book Ratio of today is 1.24.

The historical rank and industry rank for China Merchants Securities Asset Management Co.,Ltd's Price-to-Tangible-Book or its related term are showing as below:

SHSE:600999' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95   Med: 1.42   Max: 4.16
Current: 1.24

During the past 13 years, China Merchants Securities Asset Management Co.,Ltd's highest Price to Tangible Book Ratio was 4.16. The lowest was 0.95. And the median was 1.42.

SHSE:600999's Price-to-Tangible-Book is ranked better than
56.69% of 732 companies
in the Capital Markets industry
Industry Median: 1.47 vs SHSE:600999: 1.24

A closely related ratio is called PB Ratio. As of today, China Merchants Securities Asset Management Co.,Ltd's share price is ¥17.89. China Merchants Securities Asset Management Co.,Ltd's Book Value per Sharefor the quarter that ended in Sep. 2024 was ¥14.49. Hence, China Merchants Securities Asset Management Co.,Ltd's P/B Ratio of today is 1.23.


China Merchants Securities Asset Management Co.,Ltd Price-to-Tangible-Book Historical Data

The historical data trend for China Merchants Securities Asset Management Co.,Ltd'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.

China Merchants Securities Asset Management Co.,Ltd Price-to-Tangible-Book Chart

China Merchants Securities Asset Management Co.,Ltd 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 1.42 1.93 1.37 1.01 0.98

China Merchants Securities Asset Management Co.,Ltd 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 1.02 0.98 0.98 0.98 1.35

Competitive Comparison of China Merchants Securities Asset Management Co.,Ltd's Price-to-Tangible-Book

For the Capital Markets subindustry, China Merchants Securities Asset Management Co.,Ltd'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 Merchants Securities Asset Management Co.,Ltd's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, China Merchants Securities Asset Management Co.,Ltd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Merchants Securities Asset Management Co.,Ltd's Price-to-Tangible-Book falls into.



China Merchants Securities Asset Management Co.,Ltd Price-to-Tangible-Book Calculation

China Merchants Securities Asset Management Co.,Ltd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=17.89/14.395
=1.24

* 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.


China Merchants Securities Asset Management Co.,Ltd Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of China Merchants Securities Asset Management Co.,Ltd's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


China Merchants Securities Asset Management Co.,Ltd Business Description

Traded in Other Exchanges
Address
No. 111, Fuhua First Road, Futian Street, Futian District, Guangdong Province, Shenzhen, CHN, 518046
China Merchants Securities Co Ltd is a financial service provider. The company provides services like, investment banking, financial advisory, equity underwriting, assets management, investment advisory, and trading equity securities among others. Its business is divided into four segments: Wealth management and institutional business; Investment banking; Investment management; and Investment and trading. The Wealth management and institutional business segment which generates key revenue engages in the trading of stocks and futures contracts on behalf of clients and includes margin financing, securities lending, and selling financial and other wealth management products.

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