Jin Medical International (Jin Medical International) Price-to-Tangible-Book : 21.31 (As of May. 16, 2024)

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What is Jin Medical International Price-to-Tangible-Book?

As of today (2024-05-16), Jin Medical International's share price is $3.26. Jin Medical International's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.15. Hence, Jin Medical International's Price to Tangible Book Ratio of today is 21.31.

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

ZJYL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.65 Med: 7.65 Max: 22.67
Current: 21.73

During the past 4 years, Jin Medical International's highest Price to Tangible Book Ratio was 22.67. The lowest was 7.65. And the median was 7.65.

ZJYL's Price-to-Tangible-Book is ranked worse than
96.15% of 701 companies
in the Medical Devices & Instruments industry
Industry Median: 2.78 vs ZJYL: 21.73

A closely related ratio is called PB Ratio. As of today, Jin Medical International's share price is $3.26. Jin Medical International's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.15. Hence, Jin Medical International's P/B Ratio of today is 21.17.

Jin Medical International Price-to-Tangible-Book Historical Data

The historical data trend for Jin Medical International'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.

Jin Medical International Price-to-Tangible-Book Chart

Jin Medical International Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

7.65

Jin Medical International Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	2.47	7.65

Competitive Comparison of Jin Medical International's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Jin Medical International'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.

Jin Medical International's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Jin Medical International's Price-to-Tangible-Book distribution charts can be found below:

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

Jin Medical International Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	3.26	/	0.153
	=	21.31

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.

Jin Medical International Price-to-Tangible-Book Related Terms

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

Jin Medical International (Jin Medical International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Jin Medical International Ltd (NAS:ZJYL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33 Lingxiang Road,, Wujin District, Jiangsu Province, Changzhou City, CHN, KY1-1205

Website

Jin Medical International Ltd offers rehabilitation equipment. It is primarily engaged in the design, development, manufacturing, and sales of wheelchair and other living aids products to be used by people with disabilities or impaired mobility. The Company's products are sold to distributors in both China and in overseas markets. Its product offerings comprise Wheelechaire serirs, Bath products, oxygen machines, nursing products, and conlo products.