CM Bank
3968.HK
$4.16
Share price
-0.31%
Change (1 day)
-22.10%
Change (1 year)
Categories
China Merchants Bank is a Chinese bank based in Shenzhen. According to total assets, it is China's sixth largest bank. It operates branches in the 30 largest cities of China.
CM Bank (3968.HK) - P/B ratio
P/B ratio as of April 2024 : 0.8067
According to CM Bank's latest financial reports the company has a price-to-book ratio of 0.8067.
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.
CM Bank - P/B ratio (from 2006 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 0.6791 | -30.96% |
| 2022-12-31 | 0.9836 | -30.87% |
| 2021-12-31 | 1.42 | -5.04% |
| 2020-12-31 | 1.50 | -38.91% |
| 2019-12-31 | 2.45 | 28.24% |
| 2018-12-31 | 1.91 | -19.36% |
| 2017-12-31 | 2.37 | 36.9% |
| 2016-12-31 | 1.73 | -8.67% |
| 2015-12-31 | 1.90 | -9.73% |
| 2014-12-31 | 2.10 | 13.99% |
| 2013-12-31 | 1.84 | -23.92% |
| 2012-12-31 | 2.42 | -7.55% |
| 2011-12-31 | 2.62 | -32.47% |
| 2010-12-31 | 3.88 | -36.09% |
| 2009-12-31 | 6.07 | 61.96% |
| 2008-12-31 | 3.75 | -68.86% |
| 2007-12-31 | 12.0 | 67.66% |
| 2006-12-31 | 7.18 | |
| 2005-12-31 | N/A | |
| 2004-12-31 | N/A | |
| 2003-12-31 | N/A | |
| 2002-12-31 | N/A |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Bank of China 601988.SS | 0.4590 | -43.10% | 🇨🇳 China |
 HSBC HSBC | 0.7922 | -1.80% | 🇬🇧 UK |