MediClin AG (XTER:MED) Price-to-Tangible-Book : 0.77 (As of Apr. 29, 2024)

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What is MediClin AG Price-to-Tangible-Book?

As of today (2024-04-29), MediClin AG's share price is €2.82. MediClin AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €3.65. Hence, MediClin AG's Price to Tangible Book Ratio of today is 0.77.

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

XTER:MED' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75 Med: 1.64 Max: 2.27
Current: 0.77

During the past 13 years, MediClin AG's highest Price to Tangible Book Ratio was 2.27. The lowest was 0.75. And the median was 1.64.

XTER:MED's Price-to-Tangible-Book is ranked better than
90.59% of 478 companies
in the Healthcare Providers & Services industry
Industry Median: 3.215 vs XTER:MED: 0.77

A closely related ratio is called PB Ratio. As of today, MediClin AG's share price is €2.82. MediClin AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was €4.13. Hence, MediClin AG's P/B Ratio of today is 0.68.

MediClin AG Price-to-Tangible-Book Historical Data

The historical data trend for MediClin AG'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.

MediClin AG Price-to-Tangible-Book Chart

MediClin AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.84

1.55

1.47

1.11

0.75

MediClin AG 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															1.11	1.05	0.91	0.77	0.75

Competitive Comparison of MediClin AG's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, MediClin AG'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.

MediClin AG's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MediClin AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MediClin AG's Price-to-Tangible-Book falls into.

MediClin AG Price-to-Tangible-Book Calculation

MediClin AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.82	/	3.645
	=	0.77

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.

MediClin AG Price-to-Tangible-Book Related Terms

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

MediClin AG (XTER:MED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MediClin AG (XTER:MED) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MED:Germany MED:Germany

Address

Okenstrasse 27, Offenburg, DEU, 77652

Website

https://www.mediclin.de

MediClin AG is a company engaged in operating hospitals. It is focused on providing services in the areas of neurosciences and psychological sciences as well as orthopedics in Germany. The hospitals are acute-care hospitals providing basic, standard, and specialized care, as well as specialist clinics for medical rehabilitation. The operating segments of the group are Post-acute, Acute and Other activities. It generates majority of the revenue from the Post-acute segment in which the firm offers services in the fields of subsequent nursing treatment and curative treatment. Subsequent nursing treatment starts after acute care treatment and includes all medical measures required to facilitate the healing process and return the patient to a functioning state.