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New Ray Medicine International Holding's quarterly market cap
declined
from Dec. 2024 (HK$75.2 Mil) to Jun. 2025 (HK$65.2 Mil) and
declined
from Jun. 2025 (HK$65.2 Mil) to Dec. 2025 (HK$55.2 Mil).
New Ray Medicine International Holding's annual market cap
declined
from Dec. 2023 (HK$83.6 Mil) to Dec. 2024 (HK$75.2 Mil) and
declined
from Dec. 2024 (HK$75.2 Mil) to Dec. 2025 (HK$55.2 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. New Ray Medicine International Holding's Enterprise Value for Today is HK$10.2 Mil.
New Ray Medicine International Holding (HKSE:06108) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
New Ray Medicine International Holding Market Cap Related Terms
New Ray Medicine International Holding Market Cap Historical Data
* 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 Ray Medicine International Holding Market Cap Chart
New Ray Medicine International Holding Annual Data
New Ray Medicine International Holding Market Cap Competitor Comparison
For the Pharmaceutical Retailers subindustry, New Ray Medicine International Holding's Market Cap, along with its competitors' market caps and Market Cap 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 Ray Medicine International Holding Market Cap vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, New Ray Medicine International Holding's Market Cap distribution charts can be found below:
* The bar in red indicates where New Ray Medicine International Holding's Market Cap falls into.
New Ray Medicine International Holding Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* 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 Ray Medicine International Holding (HKSE:06108) has a Market Cap of HK$45.1 Mil as of Aug. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on New Ray Medicine International Holding and its competitors. According to the industry distribution chart, New Ray Medicine International Holding ranks #620 out of 694 companies in the Healthcare Providers & Services industry, placing it in the top 89.3%.
Is New Ray Medicine International Holding's Market Cap too high?
New Ray Medicine International Holding's current Market Cap is HK$45.1 Mil. Based on the distribution chart, New Ray Medicine International Holding ranks #620 out of 694 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, New Ray Medicine International Holding has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Ray Medicine International Holding's Market Cap compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, New Ray Medicine International Holding ranks #620 out of 694 companies for Market Cap. This places New Ray Medicine International Holding in the lower half of its industry. The industry median Market Cap is 106.59. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Healthcare Providers & Services company?
The median Market Cap among Healthcare Providers & Services companies is 106.59, based on 694 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on New Ray Medicine International Holding and its competitors. For the Healthcare Providers & Services industry, the median Market Cap is 106.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Ray Medicine International Holding's current Market Cap is HK$45.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Ray Medicine International Holding stock overvalued right now?
Based on GuruFocus' analysis, New Ray Medicine International Holding (HKSE:06108) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.04, compared to a current price of HK$0.23 — trading 78.4% below its estimated fair value. The current Market Cap is HK$45.1 Mil. New Ray Medicine International Holding's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For New Ray Medicine International Holding (HKSE:06108), the current Market Cap is HK$45.1 Mil as of Aug. 26, 2026. 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.
Is New Ray Medicine International Holding (HKSE:06108) Overvalued in 2026?
Based on GuruFocus' analysis, New Ray Medicine International Holding stock appears to be undervalued.
The current stock price of HK$0.23 is trading 78.4% below its estimated GF Value™ of HK$1.04.
GuruFocus considers New Ray Medicine International Holding to be Possible Value Trap.
Key valuation signals for HKSE:06108:
Market Cap: HK$45.1 Mil
GF Value™: HK$1.04 vs. price of HK$0.23 (78.4% below fair value)
No single metric tells the full story. See the HKSE:06108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Ray Medicine International Holding Ltd is engaged in the trading and distribution of pharmaceutical products in the People's Republic of China. The company's segments include the Distribution and trading of pharmaceutical products and the Provision of marketing and promotion services. Distribution and trading of pharmaceutical products segment consist of Injection drugs and generate maximum revenue for the company.
52GF Score
Get the complete analysis for HKSE:06108
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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