MicroPort CardioFlow Medtech (HKSE:02160) Price-to-Tangible-Book : 1.05 (As of May. 25, 2024)

MicroPort CardioFlow Medtech Price-to-Tangible-Book Chart

MicroPort CardioFlow Medtech Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					2.66	2.32	2.17	1.56	1.63

Competitive Comparison of MicroPort CardioFlow Medtech's Price-to-Tangible-Book

For the Medical Devices subindustry, MicroPort CardioFlow Medtech'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 CardioFlow Medtech's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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

MicroPort CardioFlow Medtech Price-to-Tangible-Book Calculation

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

* 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.

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

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 CardioFlow Medtech Price-to-Tangible-Book Related Terms

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MicroPort CardioFlow Medtech (HKSE:02160) Business Description