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Hangzhou Minsheng Healthcare Co (SZSE:301507) Price-to-Tangible-Book : 3.21 (As of May. 12, 2024)


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What is Hangzhou Minsheng Healthcare Co Price-to-Tangible-Book?

As of today (2024-05-12), Hangzhou Minsheng Healthcare Co's share price is ¥13.43. Hangzhou Minsheng Healthcare Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.19. Hence, Hangzhou Minsheng Healthcare Co's Price to Tangible Book Ratio of today is 3.21.

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

SZSE:301507' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.97   Med: 4.11   Max: 5.45
Current: 3.21

During the past 6 years, Hangzhou Minsheng Healthcare Co's highest Price to Tangible Book Ratio was 5.45. The lowest was 2.97. And the median was 4.11.

SZSE:301507's Price-to-Tangible-Book is ranked worse than
62.23% of 871 companies
in the Drug Manufacturers industry
Industry Median: 2.41 vs SZSE:301507: 3.21

A closely related ratio is called PB Ratio. As of today, Hangzhou Minsheng Healthcare Co's share price is ¥13.43. Hangzhou Minsheng Healthcare Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.30. Hence, Hangzhou Minsheng Healthcare Co's P/B Ratio of today is 3.13.


Hangzhou Minsheng Healthcare Co Price-to-Tangible-Book Historical Data

The historical data trend for Hangzhou Minsheng Healthcare 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.

Hangzhou Minsheng Healthcare Co Price-to-Tangible-Book Chart

Hangzhou Minsheng Healthcare Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - - 4.11

Hangzhou Minsheng Healthcare Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 - - 5.45 4.11 2.97

Competitive Comparison of Hangzhou Minsheng Healthcare Co's Price-to-Tangible-Book

For the Drug Manufacturers - General subindustry, Hangzhou Minsheng Healthcare 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.


Hangzhou Minsheng Healthcare Co's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Hangzhou Minsheng Healthcare Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hangzhou Minsheng Healthcare Co's Price-to-Tangible-Book falls into.



Hangzhou Minsheng Healthcare Co Price-to-Tangible-Book Calculation

Hangzhou Minsheng Healthcare Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=13.43/4.185
=3.21

* 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.


Hangzhou Minsheng Healthcare Co Price-to-Tangible-Book Related Terms

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Hangzhou Minsheng Healthcare Co (SZSE:301507) Business Description

Traded in Other Exchanges
N/A
Address
No. 101, Xintian Road, Donghu Street, Linping, Zhejiang, Hangzhou, CHN, 311100
Hangzhou Minsheng Healthcare Co Ltd focuses on the field of vitamin and mineral supplements and is a high-tech enterprise integrating research and development, production and sales of vitamin and mineral over-the-counter drugs and health food. The company's current main product is 21 Golden Vita multi-dimensional element tablets (21).

Hangzhou Minsheng Healthcare Co (SZSE:301507) Headlines

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