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BOC Hong Kong Holdings (BOC Hong Kong Holdings) Price-to-Tangible-Book : 0.81 (As of May. 06, 2024)


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What is BOC Hong Kong Holdings Price-to-Tangible-Book?

As of today (2024-05-06), BOC Hong Kong Holdings's share price is $62.32. BOC Hong Kong Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $76.97. Hence, BOC Hong Kong Holdings's Price to Tangible Book Ratio of today is 0.81.

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

BHKLY' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.71   Med: 1.02   Max: 1.72
Current: 0.8

During the past 13 years, BOC Hong Kong Holdings's highest Price to Tangible Book Ratio was 1.72. The lowest was 0.71. And the median was 1.02.

BHKLY's Price-to-Tangible-Book is ranked better than
62.06% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs BHKLY: 0.80

A closely related ratio is called PB Ratio. As of today, BOC Hong Kong Holdings's share price is $62.32. BOC Hong Kong Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $77.54. Hence, BOC Hong Kong Holdings's P/B Ratio of today is 0.80.


BOC Hong Kong Holdings Price-to-Tangible-Book Historical Data

The historical data trend for BOC Hong Kong 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.

BOC Hong Kong Holdings Price-to-Tangible-Book Chart

BOC Hong Kong Holdings 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 0.94 0.79 0.86 0.87 0.70

BOC Hong Kong 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 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 0.86 1.03 0.87 0.74 0.70

Competitive Comparison of BOC Hong Kong Holdings's Price-to-Tangible-Book

For the Banks - Regional subindustry, BOC Hong Kong 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.


BOC Hong Kong Holdings's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, BOC Hong Kong Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where BOC Hong Kong Holdings's Price-to-Tangible-Book falls into.



BOC Hong Kong Holdings Price-to-Tangible-Book Calculation

BOC Hong Kong 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 )
=62.32/76.967
=0.81

* 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.


BOC Hong Kong Holdings Price-to-Tangible-Book Related Terms

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


BOC Hong Kong Holdings (BOC Hong Kong Holdings) Business Description

Traded in Other Exchanges
Address
1 Garden Road, 53rd Floor, Bank of China Tower, Hong Kong, HKG
Bank of China Hong Kong, or BOCHK, is a subsidiary of Bank of China. It is the second-largest bank in Hong Kong in terms of loan and deposit market shares. Although BOCHK is legally separate from Bank of China, it maintains close relationships with it in management, administration, and business relations. The two companies also cooperate in several areas, including the reselling of Bank of China's insurance and securities services. Bank of China holds a 66% stake in BOCHK.

BOC Hong Kong Holdings (BOC Hong Kong Holdings) Headlines

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