Ping An Healthcare And Technology Co (Ping An Healthcare And Technology Co) Price-to-Tangible-Book : 1.03 (As of May. 17, 2024)

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What is Ping An Healthcare And Technology Co Price-to-Tangible-Book?

As of today (2024-05-17), Ping An Healthcare And Technology Co's share price is $1.49. Ping An Healthcare And Technology Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.45. Hence, Ping An Healthcare And Technology Co's Price to Tangible Book Ratio of today is 1.03.

The historical rank and industry rank for Ping An Healthcare And Technology Co's Price-to-Tangible-Book or its related term are showing as below:

PANHF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1 Med: 2.44 Max: 6.36
Current: 1

During the past 9 years, Ping An Healthcare And Technology Co's highest Price to Tangible Book Ratio was 6.36. The lowest was 1.00. And the median was 2.44.

PANHF's Price-to-Tangible-Book is ranked better than
85.45% of 481 companies
in the Healthcare Providers & Services industry
Industry Median: 3.3 vs PANHF: 1.00

A closely related ratio is called PB Ratio. As of today, Ping An Healthcare And Technology Co's share price is $1.49. Ping An Healthcare And Technology Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.66. Hence, Ping An Healthcare And Technology Co's P/B Ratio of today is 0.90.

Ping An Healthcare And Technology Co Price-to-Tangible-Book Historical Data

The historical data trend for Ping An Healthcare And Technology 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.

Ping An Healthcare And Technology Co Price-to-Tangible-Book Chart

Ping An Healthcare And Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.40

6.12

2.00

1.79

1.57

Ping An Healthcare And Technology Co Semi-Annual Data
	Dec15	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											2.00	1.80	1.79	1.67	1.57

Competitive Comparison of Ping An Healthcare And Technology Co's Price-to-Tangible-Book

For the Health Information Services subindustry, Ping An Healthcare And Technology 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.

Ping An Healthcare And Technology Co's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ping An Healthcare And Technology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ping An Healthcare And Technology Co's Price-to-Tangible-Book falls into.

Ping An Healthcare And Technology Co Price-to-Tangible-Book Calculation

Ping An Healthcare And Technology 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 )
	=	1.49	/	1.448
	=	1.03

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.

Ping An Healthcare And Technology Co Price-to-Tangible-Book Related Terms

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Ping An Healthcare And Technology Co (Ping An Healthcare And Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ping An Healthcare And Technology Co Ltd (OTCPK:PANHF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

01833:Hong Kong 1XZ:Germany

Address

No. 166, Kaibin Road, Shanghai Ping An Building, 17th-19th Floor, Block B, Shanghai, CHN

Website

https://www.pagd.net

Ping An Healthcare and Technology is the parent of Ping An Good Doctor, or PAGD, an online platform offering healthcare services in the form of a health maintenance organization, or HMO, model that provides commercial healthcare services and offers healthcare checkup, healthcare management, and corporate reimbursement for a fee. The company leverages the network of health providers from its parent Ping An Group, where it enters into contracts with physicians, hospitals, and specialists to offer their services to HMO participants. Other than commercial healthcare premium services, PAGD offers online consultations and prescription e-commerce online to individuals. The platform has 978 corporate clients and 43 million paying users. PAGD is 38.43% owned by its parent company.