Wuxi AppTec Co (SHSE:603259) Price-to-Tangible-Book : 2.53 (As of Apr. 30, 2024)

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What is Wuxi AppTec Co Price-to-Tangible-Book?

As of today (2024-04-30), Wuxi AppTec Co's share price is ¥43.91. Wuxi AppTec Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥17.33. Hence, Wuxi AppTec Co's Price to Tangible Book Ratio of today is 2.53.

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

SHSE:603259' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.48 Med: 7.8 Max: 10.93
Current: 2.53

During the past 10 years, Wuxi AppTec Co's highest Price to Tangible Book Ratio was 10.93. The lowest was 2.48. And the median was 7.80.

SHSE:603259's Price-to-Tangible-Book is ranked worse than
50.89% of 169 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.52 vs SHSE:603259: 2.53

A closely related ratio is called PB Ratio. As of today, Wuxi AppTec Co's share price is ¥43.91. Wuxi AppTec Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥18.57. Hence, Wuxi AppTec Co's P/B Ratio of today is 2.36.

Wuxi AppTec Co Price-to-Tangible-Book Historical Data

The historical data trend for Wuxi AppTec 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.

Wuxi AppTec Co Price-to-Tangible-Book Chart

Wuxi AppTec Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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10.12

10.93

10.02

5.58

4.20

Wuxi AppTec Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															5.58	5.16	4.02	5.35	4.20

Competitive Comparison of Wuxi AppTec Co's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, Wuxi AppTec 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.

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

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

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

Wuxi AppTec Co Price-to-Tangible-Book Calculation

Wuxi AppTec Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	43.91	/	17.326
	=	2.53

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.

Wuxi AppTec Co Price-to-Tangible-Book Related Terms

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Wuxi AppTec Co (SHSE:603259) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Wuxi AppTec Co Ltd (SHSE:603259) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

WUXIF:USA WUXAY:USA 02359:Hong Kong WX8:Germany

Address

288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, CHN, 200131

Website

https://www.wuxiapptec.com

Wuxi AppTec Co Ltd provides a portfolio of research and manufacturing services through the discovery, development, and manufacturing spectrum for small-molecule drugs, cell therapies, and gene therapies as well as providing testing services for medical devices. Its segments comprise China-based laboratory services; U.S.-based laboratory services; Clinical research and other CRO services; CDMO services; and Others. The majority of revenue gets derived from China-based laboratory services that include small molecules discovery, such as synthetic chemistry, medicinal chemistry, analytical chemistry, biology, drug metabolism and pharmacokinetics (DMPK)/absorption, distribution, metabolism, and excretion (ADME), toxicology and bioanalytical services.

Wuxi AppTec Co (SHSE:603259) Headlines

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