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Angelalign Technology (HKSE:06699) Price-to-Tangible-Book : 3.33 (As of May. 25, 2024)


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What is Angelalign Technology Price-to-Tangible-Book?

As of today (2024-05-25), Angelalign Technology's share price is HK$67.40. Angelalign Technology's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$20.23. Hence, Angelalign Technology's Price to Tangible Book Ratio of today is 3.33.

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

HKSE:06699' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.8   Med: 5.26   Max: 10.56
Current: 3.33

During the past 6 years, Angelalign Technology's highest Price to Tangible Book Ratio was 10.56. The lowest was 2.80. And the median was 5.26.

HKSE:06699's Price-to-Tangible-Book is ranked worse than
56.33% of 703 companies
in the Medical Devices & Instruments industry
Industry Median: 2.7 vs HKSE:06699: 3.33

A closely related ratio is called PB Ratio. As of today, Angelalign Technology's share price is HK$67.40. Angelalign Technology's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$21.61. Hence, Angelalign Technology's P/B Ratio of today is 3.12.


Angelalign Technology Price-to-Tangible-Book Historical Data

The historical data trend for Angelalign Technology'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.

Angelalign Technology Price-to-Tangible-Book Chart

Angelalign Technology Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 10.56 5.26 2.80

Angelalign Technology Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.56 6.90 5.26 3.60 2.80

Competitive Comparison of Angelalign Technology's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Angelalign Technology'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.


Angelalign Technology's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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



Angelalign Technology Price-to-Tangible-Book Calculation

Angelalign Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=67.40/20.226
=3.33

* 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.


Angelalign Technology Price-to-Tangible-Book Related Terms

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


Angelalign Technology (HKSE:06699) Business Description

Traded in Other Exchanges
Address
No. 500 Zhengli Road, 6th Floor - 7th Floor, Building No. 7, KIC Business Center, Yangpu District, Shanghai, CHN
Angelalign Technology Inc is an investment holding company. It is principally engaged in clear aligner treatment solutions including treatment planning services, manufacturing, and marketing of clear aligners. The company provides dental professionals with self-developed digital orthodontics solutions. The company's Angelalign clear aligner system facilitates dental professionals throughout the entire clear aligner treatment process, including digitally-assisted case assessment support and treatment planning services, provide dental professionals with digitally-assisted case assessment support and treatment planning services, and helps dental professionals design, review and modify treatment plans.
Executives
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Morgan Stanley 2201 Interest of corporation controlled by you
Carecapital Ea, Inc 2201 Interest of corporation controlled by you
Carecapital Management Group Llc 2201 Interest of corporation controlled by you
Carecapital Moonstone Holdings Limited 2201 Interest of corporation controlled by you
Carecapital Dental Holdings Limited 2201 Interest of corporation controlled by you
Feng Dai 2201 Interest of corporation controlled by you
Shore Lead Limited 2201 Interest of corporation controlled by you
Sky Honour Enterprises Limited 2101 Beneficial owner
Li Huamin 2307 Founder of a discretionary trust who can infl
Carecapital Orthotech Limited 2101 Beneficial owner
Chen Kai 2201 Interest of corporation controlled by you
Jovial Day Global Limited 2201 Interest of corporation controlled by you
Vast Luck Global Limited 2101 Beneficial owner
Xing Zheng Quan Qiu Ji Jin Guan Li You Xian Gong Si 2102 Investment manager

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