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Dirui Industrial Co (SZSE:300396) Price-to-Tangible-Book : 3.31 (As of May. 27, 2024)


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What is Dirui Industrial Co Price-to-Tangible-Book?

As of today (2024-05-27), Dirui Industrial Co's share price is ¥24.91. Dirui Industrial Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥7.53. Hence, Dirui Industrial Co's Price to Tangible Book Ratio of today is 3.31.

The historical rank and industry rank for Dirui Industrial Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300396' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.23   Med: 5.59   Max: 28.1
Current: 3.31

During the past 13 years, Dirui Industrial Co's highest Price to Tangible Book Ratio was 28.10. The lowest was 2.23. And the median was 5.59.

SZSE:300396's Price-to-Tangible-Book is ranked worse than
58.43% of 166 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.47 vs SZSE:300396: 3.31

A closely related ratio is called PB Ratio. As of today, Dirui Industrial Co's share price is ¥24.91. Dirui Industrial Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥7.87. Hence, Dirui Industrial Co's P/B Ratio of today is 3.17.


Dirui Industrial Co Price-to-Tangible-Book Historical Data

The historical data trend for Dirui Industrial Co's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dirui Industrial Co Price-to-Tangible-Book Chart

Dirui Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.52 4.16 2.79 3.72 4.16

Dirui Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.44 4.78 3.51 4.16 2.93

Competitive Comparison of Dirui Industrial Co's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, Dirui Industrial Co's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dirui Industrial Co's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Dirui Industrial Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dirui Industrial Co's Price-to-Tangible-Book falls into.



Dirui Industrial Co Price-to-Tangible-Book Calculation

Dirui Industrial Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=24.91/7.526
=3.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Dirui Industrial Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Dirui Industrial Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Dirui Industrial Co (SZSE:300396) Business Description

Traded in Other Exchanges
N/A
Address
3333 Yiju Street, New&High Tech. Development Zone, Jilin, Changchun, CHN, 130103
Dirui Industrial Co Ltd is a supplier of laboratory solutions. It is engaged in research and development, manufacturing, and sales of diagnostic products including laboratory equipment and clinical diagnostic reagents. Dirui's collective product portfolio represents complete laboratory solutions for the in-vitro diagnostic areas of hematology, clinical chemistry, and urinalysis. The company offers chemistry, hematology, urine, and vaginal infection analyzers. It also provides reagents and consumables, such as chemical reagents and detergents, chemistry quality controls/calibrators, ISE reagents, hematology analyzer reagents, urine sediment analyzer reagents, urinalysis controls and strips, and automatic urine analyzer detergents.
Executives
Song Jie Director
Li Jing Executives
Wang Yun Li Supervisors
Song Yong Director
Sui Jian Qiang Executives

Dirui Industrial Co (SZSE:300396) Headlines

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