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Shenzhen Mindray Bio-Medical Electronics Co (SZSE:300760) Price-to-Tangible-Book : 12.89 (As of May. 02, 2024)


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What is Shenzhen Mindray Bio-Medical Electronics Co Price-to-Tangible-Book?

As of today (2024-05-02), Shenzhen Mindray Bio-Medical Electronics Co's share price is ¥304.59. Shenzhen Mindray Bio-Medical Electronics Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥23.63. Hence, Shenzhen Mindray Bio-Medical Electronics Co's Price to Tangible Book Ratio of today is 12.89.

The historical rank and industry rank for Shenzhen Mindray Bio-Medical Electronics Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300760' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 10.43   Med: 16.16   Max: 26.55
Current: 12.89

During the past 10 years, Shenzhen Mindray Bio-Medical Electronics Co's highest Price to Tangible Book Ratio was 26.55. The lowest was 10.43. And the median was 16.16.

SZSE:300760's Price-to-Tangible-Book is ranked worse than
89.89% of 702 companies
in the Medical Devices & Instruments industry
Industry Median: 2.695 vs SZSE:300760: 12.89

A closely related ratio is called PB Ratio. As of today, Shenzhen Mindray Bio-Medical Electronics Co's share price is ¥304.59. Shenzhen Mindray Bio-Medical Electronics Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥29.84. Hence, Shenzhen Mindray Bio-Medical Electronics Co's P/B Ratio of today is 10.21.


Shenzhen Mindray Bio-Medical Electronics Co Price-to-Tangible-Book Historical Data

The historical data trend for Shenzhen Mindray Bio-Medical Electronics 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.

Shenzhen Mindray Bio-Medical Electronics Co Price-to-Tangible-Book Chart

Shenzhen Mindray Bio-Medical Electronics 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 13.66 24.98 22.55 15.14 13.84

Shenzhen Mindray Bio-Medical Electronics 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 13.52 13.70 10.91 13.84 11.91

Competitive Comparison of Shenzhen Mindray Bio-Medical Electronics Co's Price-to-Tangible-Book

For the Medical Devices subindustry, Shenzhen Mindray Bio-Medical Electronics 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.


Shenzhen Mindray Bio-Medical Electronics Co's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shenzhen Mindray Bio-Medical Electronics Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shenzhen Mindray Bio-Medical Electronics Co's Price-to-Tangible-Book falls into.



Shenzhen Mindray Bio-Medical Electronics Co Price-to-Tangible-Book Calculation

Shenzhen Mindray Bio-Medical Electronics 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 )
=304.59/23.632
=12.89

* 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.


Shenzhen Mindray Bio-Medical Electronics Co Price-to-Tangible-Book Related Terms

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Shenzhen Mindray Bio-Medical Electronics Co (SZSE:300760) Business Description

Traded in Other Exchanges
N/A
Address
Keji 12th Road South, Mindray Building, Hi-tech Industrial Park, Nanshan, Shenzhen, CHN, 518057
Shenzhen Mindray Bio-Medical Electronics Co Ltd is a developer, manufacturer, and supplier of medical devices. The company is focused on the medical industry in the fields of Patient Monitoring & Life Support, InVitro Diagnostics, and Medical Imaging.

Shenzhen Mindray Bio-Medical Electronics Co (SZSE:300760) Headlines

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