Alliance Healthcare Group (SGX:MIJ) Price-to-Tangible-Book : 1.59 (As of May. 29, 2024)

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What is Alliance Healthcare Group Price-to-Tangible-Book?

As of today (2024-05-29), Alliance Healthcare Group's share price is S$0.135. Alliance Healthcare Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was S$0.09. Hence, Alliance Healthcare Group's Price to Tangible Book Ratio of today is 1.59.

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

SGX:MIJ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5 Med: 2.23 Max: 2.99
Current: 1.5

During the past 8 years, Alliance Healthcare Group's highest Price to Tangible Book Ratio was 2.99. The lowest was 1.50. And the median was 2.23.

SGX:MIJ's Price-to-Tangible-Book is ranked better than
75.79% of 475 companies
in the Healthcare Providers & Services industry
Industry Median: 3.08 vs SGX:MIJ: 1.50

A closely related ratio is called PB Ratio. As of today, Alliance Healthcare Group's share price is S$0.135. Alliance Healthcare Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was S$0.11. Hence, Alliance Healthcare Group's P/B Ratio of today is 1.21.

Alliance Healthcare Group Price-to-Tangible-Book Historical Data

The historical data trend for Alliance Healthcare Group'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.

Alliance Healthcare Group Price-to-Tangible-Book Chart

Alliance Healthcare Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.99

2.83

2.69

2.16

2.08

Alliance Healthcare Group Semi-Annual Data
	Jun16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									2.30	2.16	2.06	2.08	2.00

Competitive Comparison of Alliance Healthcare Group's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, Alliance Healthcare Group'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.

Alliance Healthcare Group's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Alliance Healthcare Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Alliance Healthcare Group's Price-to-Tangible-Book falls into.

Alliance Healthcare Group Price-to-Tangible-Book Calculation

Alliance Healthcare Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.135	/	0.085
	=	1.59

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.

Alliance Healthcare Group Price-to-Tangible-Book Related Terms

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

Alliance Healthcare Group (SGX:MIJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alliance Healthcare Group Ltd (SGX:MIJ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Bukit Batok Crescent, No.07-12 The Elitist, Singapore, SGP, 658066

Website

https://www.alliancehealthcare.com.sg

Alliance Healthcare Group Ltd is an investment holding company. The segments of the company involve General Practitioner ("GP") clinic services, Specialist care services, Pharmaceutical services, Managed healthcare solutions; and Mobile and digital health services. It generates maximum revenue from the GP clinic services segment. The GP clinic services segment is in the business of the provision of primary healthcare medical services by general practitioners. Geographically, it derives a majority of revenue from Singapore and also has a presence in Europe and the Asia Pacific Region.

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