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.
According to CM Bank's latest financial reports the company has a price-to-book ratio of 0.7900.
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.