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MedSci Healthcare Holdings (HKSE:02415) Price-to-Tangible-Book : 1.21 (As of May. 23, 2024)


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What is MedSci Healthcare Holdings Price-to-Tangible-Book?

As of today (2024-05-23), MedSci Healthcare Holdings's share price is HK$2.75. MedSci Healthcare Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.28. Hence, MedSci Healthcare Holdings's Price to Tangible Book Ratio of today is 1.21.

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

HKSE:02415' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19   Med: 2.09   Max: 2.09
Current: 1.21

During the past 4 years, MedSci Healthcare Holdings's highest Price to Tangible Book Ratio was 2.09. The lowest was 1.19. And the median was 2.09.

HKSE:02415's Price-to-Tangible-Book is ranked better than
83.68% of 478 companies
in the Healthcare Providers & Services industry
Industry Median: 3.15 vs HKSE:02415: 1.21

A closely related ratio is called PB Ratio. As of today, MedSci Healthcare Holdings's share price is HK$2.75. MedSci Healthcare Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.29. Hence, MedSci Healthcare Holdings's P/B Ratio of today is 1.20.


MedSci Healthcare Holdings Price-to-Tangible-Book Historical Data

The historical data trend for MedSci Healthcare Holdings'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.

MedSci Healthcare Holdings Price-to-Tangible-Book Chart

MedSci Healthcare Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 2.09

MedSci Healthcare Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial - - - 5.69 2.09

Competitive Comparison of MedSci Healthcare Holdings's Price-to-Tangible-Book

For the Health Information Services subindustry, MedSci Healthcare Holdings'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.


MedSci Healthcare Holdings's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MedSci Healthcare Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MedSci Healthcare Holdings's Price-to-Tangible-Book falls into.



MedSci Healthcare Holdings Price-to-Tangible-Book Calculation

MedSci Healthcare Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.75/2.281
=1.21

* 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.


MedSci Healthcare Holdings Price-to-Tangible-Book Related Terms

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


MedSci Healthcare Holdings (HKSE:02415) Business Description

Traded in Other Exchanges
N/A
Address
No. 258, Xinzhuan Road, 18th Floor, Building 34, Songjiang District, Shanghai, CHN
MedSci Healthcare Holdings Ltd is an investment holding company. It operates online professional physician platforms in China. The principal activities of the Company are the provision of physician platform solutions, precision omni-channel marketing solutions, and real-world study solutions in the People's Republic of China.

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