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Xiangyu Medical Co (SHSE:688626) Price-to-Tangible-Book : 3.08 (As of May. 27, 2024)


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What is Xiangyu Medical Co Price-to-Tangible-Book?

As of today (2024-05-27), Xiangyu Medical Co's share price is ¥36.05. Xiangyu Medical Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥11.69. Hence, Xiangyu Medical Co's Price to Tangible Book Ratio of today is 3.08.

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

SHSE:688626' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.96   Med: 3.82   Max: 11.66
Current: 3.08

During the past 7 years, Xiangyu Medical Co's highest Price to Tangible Book Ratio was 11.66. The lowest was 2.96. And the median was 3.82.

SHSE:688626's Price-to-Tangible-Book is ranked worse than
54.2% of 703 companies
in the Medical Devices & Instruments industry
Industry Median: 2.72 vs SHSE:688626: 3.08

A closely related ratio is called PB Ratio. As of today, Xiangyu Medical Co's share price is ¥36.05. Xiangyu Medical Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥12.99. Hence, Xiangyu Medical Co's P/B Ratio of today is 2.78.


Xiangyu Medical Co Price-to-Tangible-Book Historical Data

The historical data trend for Xiangyu Medical 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.

* Premium members only.

Xiangyu Medical Co Price-to-Tangible-Book Chart

Xiangyu Medical Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - 5.28 2.96 4.53

Xiangyu Medical Co Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.71 4.07 3.82 4.53 3.82

Competitive Comparison of Xiangyu Medical Co's Price-to-Tangible-Book

For the Medical Devices subindustry, Xiangyu Medical 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.


Xiangyu Medical Co's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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



Xiangyu Medical Co Price-to-Tangible-Book Calculation

Xiangyu Medical Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=36.05/11.691
=3.08

* 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.


Xiangyu Medical Co Price-to-Tangible-Book Related Terms

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


Xiangyu Medical Co (SHSE:688626) Business Description

Traded in Other Exchanges
N/A
Address
Middle Section of Dixu Avenue, Neihuang County, Henan Province, Anyang, CHN, 456300
Xiangyu Medical Co Ltd is engaged in independent research and development, production and sales of intelligent rehabilitation equipment in the fields of pain rehabilitation, neurorehabilitation, orthopedics rehabilitation, postpartum rehabilitation, and medical care integration. The company's products are divided into three categories: rehabilitation assessment, rehabilitation training, and rehabilitation physiotherapy.
Executives
He Yong Zheng Director, core technical staff

Xiangyu Medical Co (SHSE:688626) Headlines

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