Hung Ching Developmentnstruction Co (TPE:2527) Price-to-Tangible-Book : 0.94 (As of May. 24, 2024)

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What is Hung Ching Developmentnstruction Co Price-to-Tangible-Book?

As of today (2024-05-24), Hung Ching Developmentnstruction Co's share price is NT$45.20. Hung Ching Developmentnstruction Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$48.02. Hence, Hung Ching Developmentnstruction Co's Price to Tangible Book Ratio of today is 0.94.

The historical rank and industry rank for Hung Ching Developmentnstruction Co's Price-to-Tangible-Book or its related term are showing as below:

TPE:2527' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 0.74 Max: 1.32
Current: 0.94

During the past 13 years, Hung Ching Developmentnstruction Co's highest Price to Tangible Book Ratio was 1.32. The lowest was 0.58. And the median was 0.74.

TPE:2527's Price-to-Tangible-Book is ranked worse than
55.34% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs TPE:2527: 0.94

A closely related ratio is called PB Ratio. As of today, Hung Ching Developmentnstruction Co's share price is NT$45.20. Hung Ching Developmentnstruction Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$48.02. Hence, Hung Ching Developmentnstruction Co's P/B Ratio of today is 0.94.

Hung Ching Developmentnstruction Co Price-to-Tangible-Book Historical Data

The historical data trend for Hung Ching Developmentnstruction Co'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.

Hung Ching Developmentnstruction Co Price-to-Tangible-Book Chart

Hung Ching Developmentnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.73

0.63

0.79

0.58

0.64

Hung Ching Developmentnstruction Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.58	0.67	0.58	0.64	0.83

Competitive Comparison of Hung Ching Developmentnstruction Co's Price-to-Tangible-Book

For the Real Estate Services subindustry, Hung Ching Developmentnstruction Co'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.

Hung Ching Developmentnstruction Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hung Ching Developmentnstruction Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hung Ching Developmentnstruction Co's Price-to-Tangible-Book falls into.

Hung Ching Developmentnstruction Co Price-to-Tangible-Book Calculation

Hung Ching Developmentnstruction Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	45.20	/	48.021
	=	0.94

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.

Hung Ching Developmentnstruction Co Price-to-Tangible-Book Related Terms

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Hung Ching Developmentnstruction Co (TPE:2527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hung Ching Development & Construction Co Ltd (TPE:2527) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keelung Road, 10th Floor, No.420, Section 1, Taipei, TWN

Website

http://www.asehcc.com.tw

Hung Ching Development & Construction Co Ltd is a Taiwan-based real estate company. It is engaged in the construction of national residential and commercial buildings for rent and sale. It is also engaged in the trading of various building materials. Reporting segments of the Group are divided into Real estate development, Construction, and Lease; Real estate is the key revenue driver for the company. Real estate development conducting sales of residential and commercial property and plant. Construction provides the building of residential and commercial property and plants. The leasing segment includes the lease of investment property.

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