Shandong Xinhua Pharmaceutical Co (HKSE:00719) Price-to-Tangible-Book : 0.81 (As of Apr. 30, 2024)

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What is Shandong Xinhua Pharmaceutical Co Price-to-Tangible-Book?

As of today (2024-04-30), Shandong Xinhua Pharmaceutical Co's share price is HK$5.50. Shandong Xinhua Pharmaceutical Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was HK$6.81. Hence, Shandong Xinhua Pharmaceutical Co's Price to Tangible Book Ratio of today is 0.81.

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

HKSE:00719' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.46 Med: 2.83 Max: 5.52
Current: 2.52

During the past 13 years, Shandong Xinhua Pharmaceutical Co's highest Price to Tangible Book Ratio was 5.52. The lowest was 1.46. And the median was 2.83.

HKSE:00719's Price-to-Tangible-Book is ranked worse than
53.85% of 871 companies
in the Drug Manufacturers industry
Industry Median: 2.34 vs HKSE:00719: 2.52

A closely related ratio is called PB Ratio. As of today, Shandong Xinhua Pharmaceutical Co's share price is HK$5.50. Shandong Xinhua Pharmaceutical Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was HK$7.59. Hence, Shandong Xinhua Pharmaceutical Co's P/B Ratio of today is 0.73.

Shandong Xinhua Pharmaceutical Co Price-to-Tangible-Book Historical Data

The historical data trend for Shandong Xinhua Pharmaceutical 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.

Shandong Xinhua Pharmaceutical Co Price-to-Tangible-Book Chart

Shandong Xinhua Pharmaceutical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.83

0.67

0.79

1.34

0.88

Shandong Xinhua Pharmaceutical Co Quarterly Data
	Jun19	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															0.94	0.95	0.86	0.88	0.79

Competitive Comparison of Shandong Xinhua Pharmaceutical Co's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Shandong Xinhua Pharmaceutical 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.

Shandong Xinhua Pharmaceutical Co's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shandong Xinhua Pharmaceutical Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shandong Xinhua Pharmaceutical Co's Price-to-Tangible-Book falls into.

Shandong Xinhua Pharmaceutical Co Price-to-Tangible-Book Calculation

Shandong Xinhua Pharmaceutical 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 )
	=	5.50	/	6.805
	=	0.81

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.

Shandong Xinhua Pharmaceutical Co Price-to-Tangible-Book Related Terms

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Shandong Xinhua Pharmaceutical Co (HKSE:00719) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shandong Xinhua Pharmaceutical Co Ltd (HKSE:00719) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

XIN:Germany 000756:China

Address

No. 1 Lutai Avenue, Hi-tech Industry Development Zone, Zibo City, Shandong, CHN, 255086

Website

http://www.xhzy.com

Shandong Xinhua Pharmaceutical Co Ltd is a pharmaceutical products manufacturer based in China. It operates the business through the following segments: Chemical bulk drugs, Preparations, Chemical intermediates, and other products. The company provides chemical bulk drug products, including metamizole sodium, caffeine, aminopyrine, aspirin, hydrocortisone, pipemidic acid, ibuprofen, and L-dopa, it also dispenses formulation products such as compound liquorice tablets and nimodipine tablets. Its products address disorders related to the central nervous system and the cerebrovascular system with the help of antipyretics and analgesics.

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