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Jiangzhong Pharmaceutical Co (SHSE:600750) Price-to-Tangible-Book : 4.97 (As of Apr. 26, 2024)


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What is Jiangzhong Pharmaceutical Co Price-to-Tangible-Book?

As of today (2024-04-26), Jiangzhong Pharmaceutical Co's share price is ¥26.77. Jiangzhong Pharmaceutical Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥5.38. Hence, Jiangzhong Pharmaceutical Co's Price to Tangible Book Ratio of today is 4.97.

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

SHSE:600750' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.92   Med: 2.78   Max: 5.28
Current: 4.98

During the past 13 years, Jiangzhong Pharmaceutical Co's highest Price to Tangible Book Ratio was 5.28. The lowest was 1.92. And the median was 2.78.

SHSE:600750's Price-to-Tangible-Book is ranked worse than
78.58% of 873 companies
in the Drug Manufacturers industry
Industry Median: 2.36 vs SHSE:600750: 4.98

A closely related ratio is called PB Ratio. As of today, Jiangzhong Pharmaceutical Co's share price is ¥26.77. Jiangzhong Pharmaceutical Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥6.09. Hence, Jiangzhong Pharmaceutical Co's P/B Ratio of today is 4.40.


Jiangzhong Pharmaceutical Co Price-to-Tangible-Book Historical Data

The historical data trend for Jiangzhong 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.

Jiangzhong Pharmaceutical Co Price-to-Tangible-Book Chart

Jiangzhong Pharmaceutical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 1.92 2.55 2.61 3.88

Jiangzhong Pharmaceutical Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.61 3.39 3.96 3.44 3.88

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

For the Drug Manufacturers - Specialty & Generic subindustry, Jiangzhong 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.


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

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

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



Jiangzhong Pharmaceutical Co Price-to-Tangible-Book Calculation

Jiangzhong Pharmaceutical Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=26.77/5.384
=4.97

* 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.

It can also be calculated from the numbers for the whole company:

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.


Jiangzhong Pharmaceutical Co Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Jiangzhong Pharmaceutical Co's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Jiangzhong Pharmaceutical Co (SHSE:600750) Business Description

Traded in Other Exchanges
N/A
Address
No. 788, Torch Avenue, High-tech Zone, Jiangxi Province, Nanchang, CHN, 330096
Jiangzhong Pharmaceutical Co Ltd is a China-based pharmaceutical company. It is mainly engaged in producing and selling Chinese traditional medicines, healthcare food, and functional foods.

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