What is Shandong Weigao Group Medical Polymer Co Price-to-Tangible-Book?
As of today (2024-04-25), Shandong Weigao Group Medical Polymer Co's share price is $2.445. Shandong Weigao Group Medical Polymer Co's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $2.05. Hence, Shandong Weigao Group Medical Polymer Co's Price to Tangible Book Ratio of today is 1.20.
The historical rank and industry rank for Shandong Weigao Group Medical Polymer Co's Price-to-Tangible-Book or its related term are showing as below:
SHWGY'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.14 Med: 2.61 Max: 6.15
Current: 1.14
During the past 13 years, Shandong Weigao Group Medical Polymer Co's highest Price to Tangible Book Ratio was 6.15. The lowest was 1.14. And the median was 2.61.
SHWGY's Price-to-Tangible-Book is ranked better than 80.48% of 702
companies
in the Medical Devices & Instruments industry
Industry Median: 2.62
vs SHWGY: 1.14
A closely related ratio is called PB Ratio. As of today, Shandong Weigao Group Medical Polymer Co's share price is $2.445. Shandong Weigao Group Medical Polymer Co's Book Value per Sharefor the quarter that ended in Jun. 2023 was $2.72. Hence, Shandong Weigao Group Medical Polymer Co's P/B Ratio of today is 0.90.
Shandong Weigao Group Medical Polymer Co Price-to-Tangible-Book Historical Data
The historical data trend for Shandong Weigao Group Medical Polymer 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.
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Shandong Weigao Group Medical Polymer Co Price-to-Tangible-Book Chart
Shandong Weigao Group Medical Polymer Co Annual Data
Competitive Comparison of Shandong Weigao Group Medical Polymer Co's Price-to-Tangible-Book
For the Medical Instruments & Supplies subindustry, Shandong Weigao Group Medical Polymer 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.
Shandong Weigao Group Medical Polymer Co's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Shandong Weigao Group Medical Polymer Co's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Shandong Weigao Group Medical Polymer Co's Price-to-Tangible-Book falls into.
Shandong Weigao Group Medical Polymer Co Price-to-Tangible-Book Calculation
Shandong Weigao Group Medical Polymer Co's price-to-tangible-book ratio for today is calculated as:
* 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.
Shandong Weigao Group Medical Polymer Co Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Shandong Weigao Group Medical Polymer Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Business Description
Shandong Weigao Group Medical Polymer Co Ltd functions in the healthcare sector in China. Its business mainly involves the research and development, production, and sale of single-use medical device products. The company's segments include Medical device products, Orthopaedic products, Interventional products, Pharma packaging products, Blood management products, and others. The company's products comprise consumables including infusion sets, syringes, medical needles, blood bags, prefilled syringes, wound management, blood sampling products; orthopedic materials, and blood purification consumables and equipment. The company operates in the People's Republic of China, the United States, Europe, the Middle East, and Africa, Asia, and others.
Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Headlines
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