Jin Medical International (Jin Medical International) PB Ratio : 22.08 (As of May. 16, 2024)

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What is Jin Medical International PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-16), Jin Medical International's share price is $3.40. Jin Medical International's Book Value per Share for the quarter that ended in Sep. 2023 was $0.15. Hence, Jin Medical International's PB Ratio of today is 22.08.

The historical rank and industry rank for Jin Medical International's PB Ratio or its related term are showing as below:

ZJYL' s PB Ratio Range Over the Past 10 Years
Min: 2.76 Med: 6.86 Max: 85.07
Current: 21.88

During the past 4 years, Jin Medical International's highest PB Ratio was 85.07. The lowest was 2.76. And the median was 6.86.

ZJYL's PB Ratio is ranked worse than
97.86% of 793 companies
in the Medical Devices & Instruments industry
Industry Median: 2.24 vs ZJYL: 21.88

During the past 12 months, Jin Medical International's average Book Value Per Share Growth Rate was 57.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 31.30% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Jin Medical International was 31.30% per year. The lowest was 31.30% per year. And the median was 31.30% per year.

Back to Basics: PB Ratio

Jin Medical International PB Ratio Historical Data

The historical data trend for Jin Medical International's PB Ratio 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.

Jin Medical International PB Ratio Chart

Jin Medical International Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

PB Ratio

7.60

Jin Medical International Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial			-	-	-	2.45	7.60

Competitive Comparison of Jin Medical International's PB Ratio

For the Medical Instruments & Supplies subindustry, Jin Medical International's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Jin Medical International's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Jin Medical International's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jin Medical International's PB Ratio falls into.

Jin Medical International PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Jin Medical International's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	3.40	/	0.154
	=	22.08

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Jin Medical International (NAS:ZJYL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Jin Medical International PB Ratio Related Terms

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Jin Medical International (Jin Medical International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Jin Medical International Ltd (NAS:ZJYL) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33 Lingxiang Road,, Wujin District, Jiangsu Province, Changzhou City, CHN, KY1-1205

Website

Jin Medical International Ltd offers rehabilitation equipment. It is primarily engaged in the design, development, manufacturing, and sales of wheelchair and other living aids products to be used by people with disabilities or impaired mobility. The Company's products are sold to distributors in both China and in overseas markets. Its product offerings comprise Wheelechaire serirs, Bath products, oxygen machines, nursing products, and conlo products.