Qilian International Holding Group (Qilian International Holding Group) Price-to-Tangible-Book : 0.67 (As of Apr. 30, 2024)

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What is Qilian International Holding Group Price-to-Tangible-Book?

As of today (2024-04-30), Qilian International Holding Group's share price is $0.7341. Qilian International Holding Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $1.10. Hence, Qilian International Holding Group's Price to Tangible Book Ratio of today is 0.67.

The historical rank and industry rank for Qilian International Holding Group's Price-to-Tangible-Book or its related term are showing as below:

QLI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 0.83 Max: 2.73
Current: 0.67

During the past 7 years, Qilian International Holding Group's highest Price to Tangible Book Ratio was 2.73. The lowest was 0.67. And the median was 0.83.

QLI's Price-to-Tangible-Book is ranked better than
90.24% of 871 companies
in the Drug Manufacturers industry
Industry Median: 2.34 vs QLI: 0.67

A closely related ratio is called PB Ratio. As of today, Qilian International Holding Group's share price is $0.7341. Qilian International Holding Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was $1.20. Hence, Qilian International Holding Group's P/B Ratio of today is 0.61.

Qilian International Holding Group Price-to-Tangible-Book Historical Data

The historical data trend for Qilian International Holding Group'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.

Qilian International Holding Group Price-to-Tangible-Book Chart

Qilian International Holding Group Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.73

0.83

0.72

Qilian International Holding Group Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial								2.73	1.13	0.83	0.94	0.72

Competitive Comparison of Qilian International Holding Group's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Qilian International Holding Group'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.

Qilian International Holding Group's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Qilian International Holding Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Qilian International Holding Group's Price-to-Tangible-Book falls into.

Qilian International Holding Group Price-to-Tangible-Book Calculation

Qilian International Holding Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.7341	/	1.101
	=	0.67

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.

Qilian International Holding Group Price-to-Tangible-Book Related Terms

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

Qilian International Holding Group (Qilian International Holding Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Qilian International Holding Group Ltd (NAS:QLI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuquan Economic and Technological Development Zone, Gansu Province, Jiuquan, CHN, 735000

Website

http://ir.qlsyy.net

Qilian International Holding Group Ltd is a pharmaceutical and chemical company. The company is engaged in the development, manufacture, marketing, and sale of licorice products, oxytetracycline products, traditional Chinese medicine derivatives products, heparin products, sausage casings, and fertilizers. It operates through three segments namely, Oxytetracycline and Licorice products and TCMD; Fertilizer; and Heparin products and Sausage casing. Oxytetracycline and Licorice products and TCMD segment generates majority of the revenue.