Kindstar Globalgene Technology (HKSE:09960) Price-to-Tangible-Book

: 0.46 (As of Today)

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As of today (2024-04-19), Kindstar Globalgene Technology's share price is HK$1.54. Kindstar Globalgene Technology's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was HK$3.38. Hence, Kindstar Globalgene Technology's Price to Tangible Book Ratio of today is 0.46.

The historical rank and industry rank for Kindstar Globalgene Technology's Price-to-Tangible-Book or its related term are showing as below:

HKSE:09960' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49 Med: 0.76 Max: 1.57
Current: 0.49

During the past 6 years, Kindstar Globalgene Technology's highest Price to Tangible Book Ratio was 1.57. The lowest was 0.49. And the median was 0.76.

HKSE:09960's Price-to-Tangible-Book is ranked better than
94.08% of 169 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.52 vs HKSE:09960: 0.49

A closely related ratio is called PB Ratio. As of today, Kindstar Globalgene Technology's share price is HK$1.54. Kindstar Globalgene Technology's Book Value per Sharefor the quarter that ended in Jun. 2023 was HK$3.43. Hence, Kindstar Globalgene Technology's P/B Ratio of today is 0.45.

Kindstar Globalgene Technology Price-to-Tangible-Book Historical Data

The historical data trend for Kindstar Globalgene Technology'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.

Kindstar Globalgene Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.57

0.86

0.53

Kindstar Globalgene Technology Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book						1.57	0.65	0.86	0.52	0.53

Competitive Comparison

For the Diagnostics & Research subindustry, Kindstar Globalgene Technology'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.

Kindstar Globalgene Technology Price-to-Tangible-Book Distribution

For the Medical Diagnostics & Research industry and Healthcare sector, Kindstar Globalgene Technology's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kindstar Globalgene Technology's Price-to-Tangible-Book falls into.

Kindstar Globalgene Technology Price-to-Tangible-Book Calculation

Kindstar Globalgene Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	1.54	/	3.375
	=	0.46

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.

Kindstar Globalgene Technology Price-to-Tangible-Book Related Terms

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Kindstar Globalgene Technology (HKSE:09960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Kindstar Globalgene Technology Inc (HKSE:09960) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Biolake D2-1, 666 Gaoxin Road, East Lake High Tech Zone, Hubei Province, Wuhan, CHN

Website

https://www.kindstar.com.cn

Kindstar Globalgene Technology Inc is principally engaged in the provision of clinical testing services. It organizes the business into nine segments, including hematology testing, genetic disease and rare disease testing, infectious disease testing, oncology testing, neurology testing, maternity-related testing, COVID-19-related testing, routine testing, and Other segment provides Testing services for R&D projects and others and miscellaneous services.

Kindstar Globalgene Technology (HKSE:09960) Headlines

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