Modern Dental Group (HKSE:03600) Price-to-Tangible-Book : 3.46 (As of Jun. 06, 2024)

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What is Modern Dental Group Price-to-Tangible-Book?

As of today (2024-06-06), Modern Dental Group's share price is HK$4.59. Modern Dental Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$1.33. Hence, Modern Dental Group's Price to Tangible Book Ratio of today is 3.46.

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

HKSE:03600' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.91 Med: 4.07 Max: 18.15
Current: 3.45

During the past 10 years, Modern Dental Group's highest Price to Tangible Book Ratio was 18.15. The lowest was 1.91. And the median was 4.07.

HKSE:03600's Price-to-Tangible-Book is ranked worse than
59.69% of 702 companies
in the Medical Devices & Instruments industry
Industry Median: 2.685 vs HKSE:03600: 3.45

A closely related ratio is called PB Ratio. As of today, Modern Dental Group's share price is HK$4.59. Modern Dental Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$2.78. Hence, Modern Dental Group's P/B Ratio of today is 1.65.

Modern Dental Group Price-to-Tangible-Book Historical Data

The historical data trend for Modern Dental 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.

Modern Dental Group Price-to-Tangible-Book Chart

Modern Dental Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.59

1.91

5.84

2.40

3.24

Modern Dental Group Semi-Annual Data
	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														5.84	3.29	2.40	2.60	3.24

Competitive Comparison of Modern Dental Group's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Modern Dental 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.

Modern Dental Group's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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

Modern Dental Group Price-to-Tangible-Book Calculation

Modern Dental 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 )
	=	4.59	/	1.327
	=	3.46

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.

Modern Dental Group Price-to-Tangible-Book Related Terms

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

Modern Dental Group (HKSE:03600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Modern Dental Group Ltd (HKSE:03600) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

1MD:Germany

Address

77 Wing Hong Street, Room 01-07, 09-16, 17th Floor, CEO Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.moderndentalgp.com

Modern Dental Group Ltd, along with its subsidiaries, is engaged in providing dental prosthetic devices. Its product portfolio is categorized into three segments, Fixed prosthetic devices such as crowns and bridges; Removable prosthetic devices such as removable dentures; and Other devices such as orthodontic devices, sports guards, and anti-snoring devices, raw materials, dental equipment, and services of educational events and seminars rendered. It generates a majority of the revenue from the sale of the Fixed prosthetic devices segment. Its geographical segments are Europe, North America, Australia, Greater China, and other countries.

Executives

Chan Kwun Fung
Chan Kwun Pan
Ngai Shing Kin
Ngai Chi Ho Alwin
Triera Holdings Limited	2101 Beneficial owner
Ncha Holdings Limited	2101 Beneficial owner

Modern Dental Group (HKSE:03600) Headlines

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