Beijing Strong Biotechnologies (SZSE:300406) Price-to-Tangible-Book : 4.73 (As of May. 24, 2024)

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What is Beijing Strong Biotechnologies Price-to-Tangible-Book?

As of today (2024-05-24), Beijing Strong Biotechnologies's share price is ¥17.00. Beijing Strong Biotechnologies's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.60. Hence, Beijing Strong Biotechnologies's Price to Tangible Book Ratio of today is 4.73.

The historical rank and industry rank for Beijing Strong Biotechnologies's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300406' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.49 Med: 7.01 Max: 11.34
Current: 4.72

During the past 13 years, Beijing Strong Biotechnologies's highest Price to Tangible Book Ratio was 11.34. The lowest was 3.49. And the median was 7.01.

SZSE:300406's Price-to-Tangible-Book is ranked worse than
72.29% of 166 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.495 vs SZSE:300406: 4.72

A closely related ratio is called PB Ratio. As of today, Beijing Strong Biotechnologies's share price is ¥17.00. Beijing Strong Biotechnologies's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥6.54. Hence, Beijing Strong Biotechnologies's P/B Ratio of today is 2.60.

Beijing Strong Biotechnologies Price-to-Tangible-Book Historical Data

The historical data trend for Beijing Strong Biotechnologies'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.

Beijing Strong Biotechnologies Price-to-Tangible-Book Chart

Beijing Strong Biotechnologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.85

10.14

10.35

6.29

5.64

Beijing Strong Biotechnologies 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															7.52	7.92	6.37	5.64	5.37

Competitive Comparison of Beijing Strong Biotechnologies's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, Beijing Strong Biotechnologies'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.

Beijing Strong Biotechnologies's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Beijing Strong Biotechnologies's Price-to-Tangible-Book falls into.

Beijing Strong Biotechnologies Price-to-Tangible-Book Calculation

Beijing Strong Biotechnologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	17.00	/	3.597
	=	4.73

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Beijing Strong Biotechnologies Price-to-Tangible-Book Related Terms

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Beijing Strong Biotechnologies (SZSE:300406) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Beijing Strong Biotechnologies Inc (SZSE:300406) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 Hua Yuan Dong Lu, 5th Floor, Kuang Yi Building, Haidian District, Beijing, CHN, 100191

Website

http://www.bsbe.com.cn

Beijing Strong Biotechnologies Inc is a China-based provider of in-vitro (IVD) diagnostics products and service. The company is engaged in the research, development, production, and sale of IVD products. It also provides diversified clinical diagnosis solutions to customers. Its products include clinical biochemistry testing, coagulation testing, blood typing, serology and automated blood grouping analyzer. The firm has established a clinical biochemistry platform of the enzymatic method (including enzymatic cycling method), immunoturbidimetric method, and latex immunoturbidimetric method.

Executives

Shuang He	Executives
Luo Ai Ping	Director
	Directors, executives
Liu Wei	Executives
Zhou Ming	Executives
Zhuang Xian Min	Directors, executives
Zhang Yi	Executives
Liu Xi	Directors, executives
Sun Xiao Lin	Director
Yu Jian Ping	Executives

Beijing Strong Biotechnologies (SZSE:300406) Headlines

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