Akso Health Group (Akso Health Group) Price-to-Tangible-Book : 2.98 (As of May. 12, 2024)

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What is Akso Health Group Price-to-Tangible-Book?

As of today (2024-05-12), Akso Health Group's share price is $0.68. Akso Health Group's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.23. Hence, Akso Health Group's Price to Tangible Book Ratio of today is 2.98.

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

AHG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.43 Med: 1.88 Max: 4.54
Current: 2.96

During the past 9 years, Akso Health Group's highest Price to Tangible Book Ratio was 4.54. The lowest was 0.43. And the median was 1.88.

AHG's Price-to-Tangible-Book is ranked worse than
76.83% of 82 companies
in the Medical Distribution industry
Industry Median: 1.48 vs AHG: 2.96

A closely related ratio is called PB Ratio. As of today, Akso Health Group's share price is $0.68. Akso Health Group's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.23. Hence, Akso Health Group's P/B Ratio of today is 2.98.

Akso Health Group Price-to-Tangible-Book Historical Data

The historical data trend for Akso Health 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.

Akso Health Group Price-to-Tangible-Book Chart

Akso Health Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.30

0.43

1.66

3.15

0.93

Akso Health Group Semi-Annual Data
	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial												2.62	3.15	2.09	0.93	4.54

Competitive Comparison of Akso Health Group's Price-to-Tangible-Book

For the Medical Distribution subindustry, Akso Health 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.

Akso Health Group's Price-to-Tangible-Book Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Akso Health Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Akso Health Group's Price-to-Tangible-Book falls into.

Akso Health Group Price-to-Tangible-Book Calculation

Akso Health 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 )
	=	0.68	/	0.228
	=	2.98

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.

Akso Health Group Price-to-Tangible-Book Related Terms

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

Akso Health Group (Akso Health Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Akso Health Group (NAS:AHG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

8HX1:Germany

Address

No. 44, Moscow Road, Qianwan Bonded Port Area, Room 8201-4-4(A), 2nd Floor, Qiantongyuan Building, Qingdao Pilot Free Trade Zone, Shandong, CHN

Website

http://www.xiaobaimaimai.com

Akso Health Group formerly Xiaobai Maimai Inc is a social e-commerce platform based in China. The company collaborates with domestic e-commerce platforms and offers users a wide selection of high-quality and affordable products on its social e-commerce platform. It operates in two segments namely online marketplace and health devices. It generates the majority of revenue from the health devices segment.