CMIC HOLDINGS Co (TSE:2309) Price-to-Tangible-Book : 1.36 (As of May. 16, 2024)

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What is CMIC HOLDINGS Co Price-to-Tangible-Book?

As of today (2024-05-16), CMIC HOLDINGS Co's share price is 円2632.00. CMIC HOLDINGS Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was 円1,937.74. Hence, CMIC HOLDINGS Co's Price to Tangible Book Ratio of today is 1.36.

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

TSE:2309' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.36
Current: 1.36

During the past 13 years, CMIC HOLDINGS Co's highest Price to Tangible Book Ratio was 1.36. The lowest was 0.00. And the median was 0.00.

TSE:2309's Price-to-Tangible-Book is not ranked
in the Medical Diagnostics & Research industry.
Industry Median: 2.57 vs TSE:2309: 1.36

A closely related ratio is called PB Ratio. As of today, CMIC HOLDINGS Co's share price is 円2632.00. CMIC HOLDINGS Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was 円2,100.79. Hence, CMIC HOLDINGS Co's P/B Ratio of today is 1.25.

CMIC HOLDINGS Co Price-to-Tangible-Book Historical Data

The historical data trend for CMIC HOLDINGS 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.

CMIC HOLDINGS Co Price-to-Tangible-Book Chart

CMIC HOLDINGS Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.50

1.11

1.17

0.91

0.84

CMIC HOLDINGS Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.05	1.07	0.95	0.84	1.36

Competitive Comparison of CMIC HOLDINGS Co's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, CMIC HOLDINGS 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.

CMIC HOLDINGS Co's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, CMIC HOLDINGS Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CMIC HOLDINGS Co's Price-to-Tangible-Book falls into.

CMIC HOLDINGS Co Price-to-Tangible-Book Calculation

CMIC HOLDINGS Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2632.00	/	1937.742
	=	1.36

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.

CMIC HOLDINGS Co Price-to-Tangible-Book Related Terms

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

CMIC HOLDINGS Co (TSE:2309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » CMIC HOLDINGS Co Ltd (TSE:2309) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hamamatsucho Building, 1-1-1 Shibaura, Minato-ku, Tokyo, JPN, 105-0023

Website

https://www.cmicgroup.com

CMIC HOLDINGS Co Ltd is a Japan-based management consulting company. It contributes to the development of the medical and healthcare field. The company is mainly engaged in Contract Research Organization (CRO), Contract Development and Manufacturing (CDMO), Contract Sales Organization (CSO), Innovative Pharma Model (IPM) and healthcare business. CMIC support a wide range of pharmaceutical management services such as data management, statistical analysis, medicine consulting, medical writing, audit, and analytical tests, clinical trials for the medical and pharmaceutical industry, human resource services. It is also engaged in providing sales and marketing support for pharmaceuticals.

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