Redsun Properties Group (HKSE:01996) Price-to-Tangible-Book : 0.06 (As of May. 26, 2024)

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What is Redsun Properties Group Price-to-Tangible-Book?

As of today (2024-05-26), Redsun Properties Group's share price is HK$0.097. Redsun Properties Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.53. Hence, Redsun Properties Group's Price to Tangible Book Ratio of today is 0.06.

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

HKSE:01996' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.06 Med: 0.44 Max: 0.66
Current: 0.06

During the past 9 years, Redsun Properties Group's highest Price to Tangible Book Ratio was 0.66. The lowest was 0.06. And the median was 0.44.

HKSE:01996's Price-to-Tangible-Book is ranked better than
98.84% of 1722 companies
in the Real Estate industry
Industry Median: 0.83 vs HKSE:01996: 0.06

A closely related ratio is called PB Ratio. As of today, Redsun Properties Group's share price is HK$0.097. Redsun Properties Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.54. Hence, Redsun Properties Group's P/B Ratio of today is 0.06.

Redsun Properties Group Price-to-Tangible-Book Historical Data

The historical data trend for Redsun Properties Group'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.

Redsun Properties Group Price-to-Tangible-Book Chart

Redsun Properties Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.55

0.50

0.38

0.13

0.06

Redsun Properties Group Semi-Annual Data
	Dec15	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											0.38	0.49	0.13	0.09	0.06

Competitive Comparison of Redsun Properties Group's Price-to-Tangible-Book

For the Real Estate - Development subindustry, Redsun Properties Group'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.

Redsun Properties Group's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

* The bar in red indicates where Redsun Properties Group's Price-to-Tangible-Book falls into.

Redsun Properties Group Price-to-Tangible-Book Calculation

Redsun Properties Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.097	/	1.534
	=	0.06

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.

Redsun Properties Group Price-to-Tangible-Book Related Terms

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

Redsun Properties Group (HKSE:01996) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Redsun Properties Group Ltd (HKSE:01996) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

0RJ:Germany

Address

No. 9 Daqiao North Road, 26th Floor, Hong Yang Building, Pukou District, Jiangsu Province, Nanjing, CHN

Website

https://www.rsunproperty.hk

Redsun Properties Group Ltd is a China-based company engages in the property development business. It's business operations consist of three principal business segments: Property Development and Sales; Commercial Property Investment and Operations; and Hotel Operations. The company derived its revenue from sale of its developed residential properties and supporting retail properties, rental income from the investment in and operation of commercial properties, and service fee income from its hotel operaTions.

Executives

Hong Yang Group (holdings) Limited	2201 Interest of corporation controlled by you
Hong Yang Group Company Limited	2201 Interest of corporation controlled by you
Hong Yang International Limited	2201 Interest of corporation controlled by you
Redsun Properties Group (holdings) Limited	2101 Beneficial owner
Chen Sihong	2202 Interest of your spouse
Zeng Huansha	2201 Interest of corporation controlled by you

Redsun Properties Group (HKSE:01996) Headlines

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