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China Vanke Co (SZSE:000002) Price-to-Tangible-Book : 0.35 (As of Apr. 27, 2024)


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What is China Vanke Co Price-to-Tangible-Book?

As of today (2024-04-27), China Vanke Co's share price is ¥6.87. China Vanke Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥19.65. Hence, China Vanke Co's Price to Tangible Book Ratio of today is 0.35.

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

SZSE:000002' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35   Med: 1.76   Max: 2.73
Current: 0.35

During the past 13 years, China Vanke Co's highest Price to Tangible Book Ratio was 2.73. The lowest was 0.35. And the median was 1.76.

SZSE:000002's Price-to-Tangible-Book is ranked better than
80.24% of 1721 companies
in the Real Estate industry
Industry Median: 0.81 vs SZSE:000002: 0.35

A closely related ratio is called PB Ratio. As of today, China Vanke Co's share price is ¥6.87. China Vanke Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥21.02. Hence, China Vanke Co's P/B Ratio of today is 0.33.


China Vanke Co Price-to-Tangible-Book Historical Data

The historical data trend for China Vanke 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.

China Vanke Co Price-to-Tangible-Book Chart

China Vanke Co 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 1.99 1.53 1.04 0.94 0.53

China Vanke Co 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 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 0.94 0.79 0.72 0.66 0.53

Competitive Comparison of China Vanke Co's Price-to-Tangible-Book

For the Real Estate - Development subindustry, China Vanke 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.


China Vanke Co's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

* The bar in red indicates where China Vanke Co's Price-to-Tangible-Book falls into.



China Vanke Co Price-to-Tangible-Book Calculation

China Vanke Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=6.87/19.648
=0.35

* 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 Vanke Co Price-to-Tangible-Book Related Terms

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


China Vanke Co (SZSE:000002) Business Description

Traded in Other Exchanges
Address
Vanke Center, No. 33 Huanmei Road, Dameisha, Yantian District, Shenzhen, CHN, 518083
China Vanke is a large real estate developer in China with residential property sales among the top three of all peers through the past five years. While property development accounts for most of its revenue and earnings, it has expanded its business presence in investment properties such as commercial retail complexes, long-term leasing apartments, and leasable logistical assets. China Vanke also owns an over-60% equity interest in its property management division Onewo, which manages the second-largest gross floor area in China. It is dual-listed in Shenzhen and Hong Kong, and state-owned Shenzhen Metro is the largest shareholder with a 27.2% stake.

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