Modern Chinese Medicine Group Co (HKSE:01643) Price-to-Tangible-Book : 0.44 (As of May. 30, 2024)

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What is Modern Chinese Medicine Group Co Price-to-Tangible-Book?

As of today (2024-05-30), Modern Chinese Medicine Group Co's share price is HK$0.38. Modern Chinese Medicine Group Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.86. Hence, Modern Chinese Medicine Group Co's Price to Tangible Book Ratio of today is 0.44.

The historical rank and industry rank for Modern Chinese Medicine Group Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:01643' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.39 Med: 0.7 Max: 1.21
Current: 0.44

During the past 7 years, Modern Chinese Medicine Group Co's highest Price to Tangible Book Ratio was 1.21. The lowest was 0.39. And the median was 0.70.

HKSE:01643's Price-to-Tangible-Book is ranked better than
96.63% of 860 companies
in the Drug Manufacturers industry
Industry Median: 2.33 vs HKSE:01643: 0.44

A closely related ratio is called PB Ratio. As of today, Modern Chinese Medicine Group Co's share price is HK$0.38. Modern Chinese Medicine Group Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.86. Hence, Modern Chinese Medicine Group Co's P/B Ratio of today is 0.44.

Modern Chinese Medicine Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Modern Chinese Medicine Group 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.

Modern Chinese Medicine Group Co Price-to-Tangible-Book Chart

Modern Chinese Medicine Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.21

0.70

0.39

Modern Chinese Medicine Group Co Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.21	0.70	0.70	0.59	0.39

Competitive Comparison of Modern Chinese Medicine Group Co's Price-to-Tangible-Book

For the Drug Manufacturers - General subindustry, Modern Chinese Medicine Group 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.

Modern Chinese Medicine Group Co's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Modern Chinese Medicine Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Modern Chinese Medicine Group Co's Price-to-Tangible-Book falls into.

Modern Chinese Medicine Group Co Price-to-Tangible-Book Calculation

Modern Chinese Medicine Group Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.38	/	0.862
	=	0.44

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.

Modern Chinese Medicine Group Co Price-to-Tangible-Book Related Terms

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

Modern Chinese Medicine Group Co (HKSE:01643) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Modern Chinese Medicine Group Co Ltd (HKSE:01643) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88 Jinwei Road, Hebei, Chengde, CHN, 068150

Website

http://www.cdysjdyy.com

Modern Chinese Medicine Group Co Ltd is engaged in the production of proprietary Chinese medicine. It offers both OTC and prescribed medicines intended for use by the Middle-aged and the Elderly in the PRC. Its products include Vigour and Vitality Supplement Pill, Circulation Enhancement Pill, Cardiotonic Enhancement Capsule, Kidney Invigoration Pill, Heart Wellness Capsule, Menstrual Discomfort Relief Pill, Liver Detox Tablet, and Additional Ingredient Huoxiang ZhengQi Pill and Fever-removing and Detoxification Pill. The Group has one operating segment of its business as a whole as the production of PCM. Geographically, the majority is from PRC.

Executives

Sun Xinlei	2201 Interest of corporation controlled by you
Xian Dai Sheng Wu Ke Ji Ji Tuan Kong Gu You Xian Gong Si	2101 Beneficial owner
Xie Wei	2201 Interest of corporation controlled by you

Modern Chinese Medicine Group Co (HKSE:01643) Headlines

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