China Tower (0788.HK)

P/B ratio as of March 2025 : 0.7463

According to China Tower 's latest financial reports the company has a price-to-book ratio of 1.56398.
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	0.6608	-2.23%
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	P/B ratio differencediff.	Country
IHS Towers IHS	-4.57	-711.95%	🇬🇧 UK
American Tower AMT	9.31	1,147.39%	🇺🇸 USA
Crown Castle CCI	7.68	928.62%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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China Tower (0788.HK) - P/B ratio