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China National Medicines (SHSE:600511) Price-to-Tangible-Book : 1.79 (As of May. 13, 2024)


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What is China National Medicines Price-to-Tangible-Book?

As of today (2024-05-13), China National Medicines's share price is ¥37.15. China National Medicines's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥20.74. Hence, China National Medicines's Price to Tangible Book Ratio of today is 1.79.

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

SHSE:600511' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.42   Med: 2.5   Max: 9.19
Current: 1.79

During the past 13 years, China National Medicines's highest Price to Tangible Book Ratio was 9.19. The lowest was 1.42. And the median was 2.50.

SHSE:600511's Price-to-Tangible-Book is ranked worse than
59.76% of 82 companies
in the Medical Distribution industry
Industry Median: 1.49 vs SHSE:600511: 1.79

A closely related ratio is called PB Ratio. As of today, China National Medicines's share price is ¥37.15. China National Medicines's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥21.51. Hence, China National Medicines's P/B Ratio of today is 1.73.


China National Medicines Price-to-Tangible-Book Historical Data

The historical data trend for China National Medicines'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.

China National Medicines Price-to-Tangible-Book Chart

China National Medicines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 3.41 1.94 1.54 1.42

China National Medicines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.99 2.08 1.72 1.42 1.59

Competitive Comparison of China National Medicines's Price-to-Tangible-Book

For the Medical Distribution subindustry, China National Medicines'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.


China National Medicines's Price-to-Tangible-Book Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, China National Medicines's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China National Medicines's Price-to-Tangible-Book falls into.



China National Medicines Price-to-Tangible-Book Calculation

China National Medicines's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=37.15/20.735
=1.79

* 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.


China National Medicines Price-to-Tangible-Book Related Terms

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


China National Medicines (SHSE:600511) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 A, Sanyuan West Lane, Yongwai, Chongwen District, Beijing, CHN, 100077
China National Medicines Corp Ltd focuses on producing special drugs and high-end prescription drugs. Its main goal is to provide customers with professional medical services. The company is also engaged in proprietary Chinese medicines, Chinese medicine decoction pieces, Chinese medicinal materials, chemical preparations, chemical raw materials, antibiotics, and biochemical drugs.

China National Medicines (SHSE:600511) Headlines

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