New Horizon Health (FRA:6YZ) Book Value per Share: €0.84 (As of Jun. 2023)

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FRA:6YZ New Horizon Health Ltd FRA:6YZ
35 GF Score
Price €1.62
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What is New Horizon Health Book Value per Share?

New Horizon Health FRA:6YZ 35 Book Value per Share is €0.84 as of Jun. 2023. GuruFocus rates FRA:6YZ with a GF Score™ of 35/100.

New Horizon Health's book value per share for the quarter that ended in Jun. 2023 was €0.84.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

New Horizon Health's current price is €1.62. Its book value per share for the quarter that ended in Jun. 2023 was €0.84. Hence, today's PB Ratio of New Horizon Health is 2.43.


New Horizon Health  (FRA:6YZ) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


New Horizon Health Book Value per Share Related Terms


New Horizon Health Book Value per Share Historical Data

* Premium members only.

The historical data trend for New Horizon Health's Book Value per Share 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.

New Horizon Health Book Value per Share Chart

New Horizon Health Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Book Value per Share
-0.08 -0.11 -0.33 0.69 0.67

New Horizon Health Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Book Value per Share Get a 7-Day Free Trial Premium Member Only 0.70 0.69 0.68 0.67 0.84

FRA:6YZ vs ABT, SYK, MDT: Book Value per Share Comparison

For the Medical Devices subindustry, New Horizon Health's PB Ratio, along with its competitors' market caps and PB Ratio 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.


New Horizon Health PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, New Horizon Health's PB Ratio distribution charts can be found below:

* The bar in red indicates where New Horizon Health's PB Ratio falls into.


FRA:6YZ
35GF Score
New Horizon Health Ltd FRA:6YZ
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Health Book Value per Share Calculation

New Horizon Health's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(287.3-0.0)/430.0
=0.67

New Horizon Health's Book Value Per Share for the quarter that ended in Jun. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(384.8-0.0)/457.6
=0.84

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of €0.84 mean?
New Horizon Health (FRA:6YZ) has a Book Value per Share of €0.84 as of Jun. 2023. Book value per share gives the per-share value of a company's stockholder equity. View historical data on New Horizon Health and its competitors.
Is New Horizon Health's Book Value per Share too high?
New Horizon Health's current Book Value per Share is €0.84. Overall, New Horizon Health has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Health's Book Value per Share compare to ABT and SYK?
New Horizon Health's Book Value per Share of €0.84 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Medical Devices & Instruments company?
A good Book Value per Share depends on the Medical Devices & Instruments industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on New Horizon Health and its competitors. New Horizon Health's current Book Value per Share is €0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Health stock overvalued right now?
New Horizon Health (FRA:6YZ) has a current Book Value per Share of €0.84. The current Book Value per Share is €0.84. New Horizon Health's overall GF Score™ is 35/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For New Horizon Health (FRA:6YZ), the current Book Value per Share is €0.84 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Horizon Health Business Description

Address 400 Jiang’er Road, 13th Floor, T1 Building, Binjiang District, Zhejiang, Hangzhou, CHN, 310052
New Horizon Health Ltd is engaged in early cancer screening and in-home testing in China. The company has an early detection and cancer screening-focused pipeline of five products and product candidates with an emphasis on colorectal cancer screening. The company focuses on cancer prevention and cure through screening and early detection. It generates maximum revenue from ColoClear and Pupu Tube products.
35GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.62
Price