China Tower
0788.HK
$0.11
Share price
-1.12%
Change (1 day)
-8.33%
Change (1 year)
Categories
China Tower (0788.HK) - P/B ratio
P/B ratio as of April 2024 : 0.7524
According to China Tower
's latest financial reports the company has a price-to-book ratio of 0.7524.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
China Tower - P/B ratio (from 2019 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.6952 | 2.86% |
| 2022-12-31 | 0.6759 | 3.46% |
| 2021-12-31 | 0.6533 | -28.56% |
| 2020-12-31 | 0.9144 | -38.53% |
| 2019-12-31 | 1.49 | -13.12% |
| 2018-12-31 | 1.71 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 American Tower AMT | 7.35 | 876.73% | 🇺🇸 USA |
 Crown Castle CCI | 6.43 | 754.08% | 🇺🇸 USA |
 IHS Towers IHS | 3.12 | 314.77% | 🇬🇧 UK |