SOCAM Development (HKSE:00983) Price-to-Tangible-Book : 0.09 (As of May. 26, 2024)

View and export this data going back to 1997. Start your Free Trial

What is SOCAM Development Price-to-Tangible-Book?

As of today (2024-05-26), SOCAM Development's share price is HK$0.59. SOCAM Development's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$6.26. Hence, SOCAM Development's Price to Tangible Book Ratio of today is 0.09.

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

HKSE:00983' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.09 Med: 0.26 Max: 0.4
Current: 0.09

During the past 13 years, SOCAM Development's highest Price to Tangible Book Ratio was 0.40. The lowest was 0.09. And the median was 0.26.

HKSE:00983's Price-to-Tangible-Book is ranked better than
96.92% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs HKSE:00983: 0.09

A closely related ratio is called PB Ratio. As of today, SOCAM Development's share price is HK$0.59. SOCAM Development's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$6.35. Hence, SOCAM Development's P/B Ratio of today is 0.09.

SOCAM Development Price-to-Tangible-Book Historical Data

The historical data trend for SOCAM Development'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.

SOCAM Development Price-to-Tangible-Book Chart

SOCAM Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.35

0.16

0.15

0.16

0.12

SOCAM Development 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															0.15	0.15	0.16	0.16	0.12

Competitive Comparison of SOCAM Development's Price-to-Tangible-Book

For the Real Estate - Development subindustry, SOCAM Development'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.

SOCAM Development's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

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

SOCAM Development Price-to-Tangible-Book Calculation

SOCAM Development's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.59	/	6.257
	=	0.09

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.

SOCAM Development Price-to-Tangible-Book Related Terms

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

SOCAM Development (HKSE:00983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SOCAM Development Ltd (HKSE:00983) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

6-8 Harbour Road, 34th Floor, Shui On Centre, Hong Kong, HKG

Website

https://www.socam.com

SOCAM Development Ltd is an investment holding company. The company along with its subsidiaries is principally engaged in property segment which includes Property development and construction and maintenance segment includes contracting ,renovation and fitting out, smart facilities management and Other businesses segment includes venture capital investment and others. The group's majority of the revenue comes from Construction and maintenance segment in which Hongkong is the major contributor when it comes to revenue.

Executives

Lo Hong Sui	2307 Founder of a discretionary trust who can infl
Lo Bo Yue, Stephanie	2501 Other
Bosrich Holdings (ptc) Inc.	2301 Trustee
Hsbc International Trustee Limited	2301 Trustee
Shui On Company Limited	2101 Beneficial owner
Chu Loletta	2202 Interest of your spouse
Right Ying Holdings Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Sun Yinhuan	2307 Founder of a discretionary trust who can infl

SOCAM Development (HKSE:00983) Headlines

No Headlines