Grand Pharmaceutical Group (HKSE:00512) Price-to-Tangible-Book : 1.27 (As of May. 04, 2024)

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What is Grand Pharmaceutical Group Price-to-Tangible-Book?

As of today (2024-05-04), Grand Pharmaceutical Group's share price is HK$4.54. Grand Pharmaceutical Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$3.58. Hence, Grand Pharmaceutical Group's Price to Tangible Book Ratio of today is 1.27.

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

HKSE:00512' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.14 Med: 2.33 Max: 28.15
Current: 1.27

During the past 13 years, Grand Pharmaceutical Group's highest Price to Tangible Book Ratio was 28.15. The lowest was 1.14. And the median was 2.33.

HKSE:00512's Price-to-Tangible-Book is ranked better than
76.98% of 873 companies
in the Drug Manufacturers industry
Industry Median: 2.35 vs HKSE:00512: 1.27

A closely related ratio is called PB Ratio. As of today, Grand Pharmaceutical Group's share price is HK$4.54. Grand Pharmaceutical Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$4.33. Hence, Grand Pharmaceutical Group's P/B Ratio of today is 1.05.

Grand Pharmaceutical Group Price-to-Tangible-Book Historical Data

The historical data trend for Grand Pharmaceutical 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.

Grand Pharmaceutical Group Price-to-Tangible-Book Chart

Grand Pharmaceutical Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.11

2.54

2.01

1.39

1.14

Grand Pharmaceutical Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.01	1.35	1.39	1.28	1.14

Competitive Comparison of Grand Pharmaceutical Group's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Grand Pharmaceutical 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.

Grand Pharmaceutical Group's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Grand Pharmaceutical Group's Price-to-Tangible-Book distribution charts can be found below:

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

Grand Pharmaceutical Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.54	/	3.583
	=	1.27

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.

Grand Pharmaceutical Group Price-to-Tangible-Book Related Terms

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

Grand Pharmaceutical Group (HKSE:00512) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Grand Pharmaceutical Group Ltd (HKSE:00512) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MX6A:Germany

Address

99 Queen's Road, Units 3302, 33rd Floor, The Center, Central, Hong Kong, HKG

Website

http://www.chinagrandpharm.com

Grand Pharmaceutical Group Ltd, formerly China Grand Pharmaceutical and Healthcare Holdings Ltd is a drug manufacturer. The company through its subsidiaries manufactures and sells pharmaceutical preparations and medical devices, biotechnology products, nutrition products, specialized pharmaceutical raw materials, and other products. Geographically, it derives a majority of revenue from China and also has a presence in America; Europe; Asia other than the PRC and others.

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