MicroPort Scientific (HKSE:00853) Price-to-Tangible-Book : 4.27 (As of May. 22, 2024)

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What is MicroPort Scientific Price-to-Tangible-Book?

As of today (2024-05-22), MicroPort Scientific's share price is HK$6.80. MicroPort Scientific's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.59. Hence, MicroPort Scientific's Price to Tangible Book Ratio of today is 4.27.

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

HKSE:00853' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.66 Med: 6.19 Max: 11.78
Current: 4.28

During the past 13 years, MicroPort Scientific's highest Price to Tangible Book Ratio was 11.78. The lowest was 2.66. And the median was 6.19.

HKSE:00853's Price-to-Tangible-Book is ranked worse than
66.19% of 701 companies
in the Medical Devices & Instruments industry
Industry Median: 2.69 vs HKSE:00853: 4.28

A closely related ratio is called PB Ratio. As of today, MicroPort Scientific's share price is HK$6.80. MicroPort Scientific's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$3.23. Hence, MicroPort Scientific's P/B Ratio of today is 2.11.

MicroPort Scientific Price-to-Tangible-Book Historical Data

The historical data trend for MicroPort Scientific'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.

MicroPort Scientific Price-to-Tangible-Book Chart

MicroPort Scientific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

8.25

11.78

7.03

7.44

5.29

MicroPort Scientific Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															7.03	7.37	7.44	7.03	5.29

Competitive Comparison of MicroPort Scientific's Price-to-Tangible-Book

For the Medical Devices subindustry, MicroPort Scientific'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.

MicroPort Scientific's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MicroPort Scientific's Price-to-Tangible-Book distribution charts can be found below:

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

MicroPort Scientific Price-to-Tangible-Book Calculation

MicroPort Scientific's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	6.80	/	1.592
	=	4.27

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.

MicroPort Scientific Price-to-Tangible-Book Related Terms

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

MicroPort Scientific (HKSE:00853) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MicroPort Scientific Corp (HKSE:00853) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MCRPF:USA MSK:Germany

Address

1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, CHN, 201203

Website

https://www.microport.com

MicroPort Scientific Corp develops & markets medical devices in eight segments. Cardiovascular devices business: sales, manufacture, R&D of cardiovascular devices like drug-eluting stents. Orthopedics devices business: sales, manufacture, R&D of orthopedics devices. CRM business: sales, manufacture, R&D of cardiac rhythm management devices. Endovascular & peripheral vascular devices business: sales, manufacture, R&D of endovascular & peripheral vascular devices. Neurovascular devices business: sales, manufacture, R&D of neurovascular devices. Heart valve business: sales, manufacture, R&D of heart valve devices. Surgical robot business: sales, manufacture, R&D of surgical robot devices. Surgical devices business: sales, manufacture, R&D of surgical devices. The key revenue is from The PRC.

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