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Topchoice Medical (SHSE:600763) Price-to-Tangible-Book : 5.01 (As of May. 04, 2024)


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What is Topchoice Medical Price-to-Tangible-Book?

As of today (2024-05-04), Topchoice Medical's share price is ¥60.79. Topchoice Medical's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥12.13. Hence, Topchoice Medical's Price to Tangible Book Ratio of today is 5.01.

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

SHSE:600763' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.94   Med: 14.52   Max: 54.04
Current: 5.01

During the past 13 years, Topchoice Medical's highest Price to Tangible Book Ratio was 54.04. The lowest was 4.94. And the median was 14.52.

SHSE:600763's Price-to-Tangible-Book is ranked worse than
65.42% of 483 companies
in the Healthcare Providers & Services industry
Industry Median: 3.35 vs SHSE:600763: 5.01

A closely related ratio is called PB Ratio. As of today, Topchoice Medical's share price is ¥60.79. Topchoice Medical's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.40. Hence, Topchoice Medical's P/B Ratio of today is 4.90.


Topchoice Medical Price-to-Tangible-Book Historical Data

The historical data trend for Topchoice Medical'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.

Topchoice Medical Price-to-Tangible-Book Chart

Topchoice Medical 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 18.98 42.49 22.65 15.10 6.55

Topchoice Medical 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 12.13 8.75 7.53 6.55 4.94

Competitive Comparison of Topchoice Medical's Price-to-Tangible-Book

For the Medical Care Facilities subindustry, Topchoice Medical'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.


Topchoice Medical's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

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

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



Topchoice Medical Price-to-Tangible-Book Calculation

Topchoice Medical's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=60.79/12.129
=5.01

* 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.


Topchoice Medical Price-to-Tangible-Book Related Terms

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


Topchoice Medical (SHSE:600763) Business Description

Traded in Other Exchanges
N/A
Address
Lingxi North Road, Building 5, Hesheng Guomao, No. 21, Zhejiang Province, Hangzhou, CHN, 310013
Topchoice Medical Investment Co Inc is engaged in providing medical services. The company operates as an integrated medical platform and has a number of oral medical, health and reproductive medical institutions.

Topchoice Medical (SHSE:600763) Headlines

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