Tong Ren Tang Technologies Co (FRA:TNG) Book Value per Share : €0.71 (As of Jun. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Tong Ren Tang Technologies Co Book Value per Share?

Tong Ren Tang Technologies Co's book value per share for the quarter that ended in Jun. 2024 was €0.71.

During the past 12 months, Tong Ren Tang Technologies Co's average Book Value Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.50% per year. 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.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tong Ren Tang Technologies Co was 59.60% per year. The lowest was 3.40% per year. And the median was 11.95% per year.

Tong Ren Tang Technologies Co's current price is €0.625. Its book value per share for the quarter that ended in Jun. 2024 was €0.71. Hence, today's PB Ratio of Tong Ren Tang Technologies Co is 0.90.

During the past 13 years, the highest P/B Ratio of Tong Ren Tang Technologies Co was 4.24. The lowest was 0.72. And the median was 1.57.

Good Sign:

Tong Ren Tang Technologies Co Ltd stock PB Ratio (=0.87) is close to 2-year low of 0.8

Tong Ren Tang Technologies Co Book Value per Share Historical Data

The historical data trend for Tong Ren Tang Technologies Co'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.

* Premium members only.

Tong Ren Tang Technologies Co Book Value per Share Chart

Tong Ren Tang Technologies Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Book Value per Share

Get a 7-Day Free Trial

0.55

0.56

0.65

0.69

Tong Ren Tang Technologies Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Book Value per Share	Get a 7-Day Free Trial															0.68	0.69	0.67	0.69	0.71

Competitive Comparison of Tong Ren Tang Technologies Co's Book Value per Share

For the Drug Manufacturers - General subindustry, Tong Ren Tang Technologies Co'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.

Tong Ren Tang Technologies Co's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tong Ren Tang Technologies Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tong Ren Tang Technologies Co's PB Ratio falls into.

Tong Ren Tang Technologies Co Book Value per Share Calculation

Tong Ren Tang Technologies Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(884.8	-	0.0)	/	1,280.8
	=	0.69

Tong Ren Tang Technologies Co's Book Value Per Share for the quarter that ended in Jun. 2024 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(908.6	-	0.0)	/	1,280.8
	=	0.71

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.

Tong Ren Tang Technologies Co (FRA:TNG) 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.

Tong Ren Tang Technologies Co Book Value per Share Related Terms

Thank you for viewing the detailed overview of Tong Ren Tang Technologies Co's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Tong Ren Tang Technologies Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tong Ren Tang Technologies Co Ltd (FRA:TNG) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

01666:Hong Kong

Address

No. 16 Tongji Beilu, Beijing Economic and Technological Development Zone, Beijing, CHN

Website

https://www.tongrentangkj.com

Tong Ren Tang Technologies Co Ltd is engaged in the production and distribution of Chinese medicine and predominantly operates in Mainland China and Hong Kong. The operating segments derive their revenue predominantly from the manufacture and sale of Chinese medicine of the company in Mainland China and Tong Ren Tang Chinese Medicine and its subsidiaries engaged in manufacturing, retail, and wholesale of Chinese medicine products and healthcare products, and provision of Chinese medical consultation and treatments outside Mainland China and wholesale of healthcare products in Mainland China.

Tong Ren Tang Technologies Co Headlines

No Headlines