Sinocelltech Group (SHSE:688520) Price-to-Tangible-Book : (As of Jun. 10, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Sinocelltech Group Price-to-Tangible-Book?

As of today (2024-06-10), Sinocelltech Group's share price is ¥42.35. Sinocelltech Group's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥-1.59. Hence, Sinocelltech Group's Price to Tangible Book Ratio of today is .

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

During the past 8 years, Sinocelltech Group's highest Price to Tangible Book Ratio was 145.23. The lowest was 35.38. And the median was 36.45.

SHSE:688520's Price-to-Tangible-Book is not ranked ^*
in the Biotechnology industry.
Industry Median: 2.77
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Sinocelltech Group's share price is ¥42.35. Sinocelltech Group's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥-1.16. Hence, Sinocelltech Group's P/B Ratio of today is .

Sinocelltech Group Price-to-Tangible-Book Historical Data

The historical data trend for Sinocelltech 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.

Sinocelltech Group Price-to-Tangible-Book Chart

Sinocelltech Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

35.42

Sinocelltech Group 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															-	-	-	-	-

Competitive Comparison of Sinocelltech Group's Price-to-Tangible-Book

For the Biotechnology subindustry, Sinocelltech 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.

Sinocelltech Group's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sinocelltech Group's Price-to-Tangible-Book distribution charts can be found below:

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

Sinocelltech Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	42.35	/	-1.592
	=

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.

Sinocelltech Group Price-to-Tangible-Book Related Terms

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

Sinocelltech Group (SHSE:688520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sinocelltech Group Ltd (SHSE:688520) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kechuang Seventh Street, Beijing Economic and Technological Development Zone, Room 307, Building 5, Courtyard 31, Beijing, CHN, 100176

Website

http://www.sinocelltech.com

Sinocelltech Group Ltd is engaged in development and industrialization of biopharmaceutical products such as monoclonal antibodies, recombinant proteins and vaccines. The company has developed technology platforms in protein expression vectors, cell line development, serum-free medium development, stoichiometrically controlled fed-batch cell culture, process scale-up, and protein purification. Its capacities include stable CHO cell line development, cell banking and certification, serum-free and protein-free culture medium development, fed-batch cell culture process development, optimization, and process scale-up; protein purification development, and large scale production.

Executives

Xie Liang Zhi

Director

Sinocelltech Group (SHSE:688520) Headlines

No Headlines