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.
According to ICBC's latest financial reports the company has a price-to-book ratio of 2.48728. 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.