ICBC
1398.HK
#42
Rank
$242.28 B
Marketcap
$0.50
Share price
-0.76%
Change (1 day)
-7.41%
Change (1 year)

The Industrial and Commercial Bank of China Limited is the largest bank in the People's Republic of China and the world in terms of total assets. With sales of $176 billion, it ranked #1 in Forbes Global 2000 of the 2,000 largest listed companies in the world in 2019.

ICBC (1398.HK) - P/B ratio

P/B ratio as of March 2024 : 0.4721

According to ICBC's latest financial reports the company has a price-to-book ratio of 0.4721.
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.

ICBC - P/B ratio (from 2006 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-310.43625.25%
2022-12-310.4144-13%
2021-12-310.4763-18.91%
2020-12-310.5874-47.88%
2019-12-311.13-3.89%
2018-12-311.17-18.38%
2017-12-311.4423.14%
2016-12-311.17-8.19%
2015-12-311.27-21.91%
2014-12-311.632.58%
2013-12-311.59-20.52%
2012-12-312.00-8.18%
2011-12-312.17-25.53%
2010-12-312.92-28.96%
2009-12-314.1139.18%
2008-12-312.95-51.38%
2007-12-316.073.13%
2006-12-315.89
2005-12-31N/A

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
0.7744 64.02%๐Ÿ‡จ๐Ÿ‡ณ China
0.7887 67.06%๐Ÿ‡ฌ๐Ÿ‡ง UK