Huadong Medicine Co (SZSE:000963) Price-to-Tangible-Book

: 3.65 (As of Today)

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As of today (2024-04-19), Huadong Medicine Co's share price is ¥31.50. Huadong Medicine Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥8.62. Hence, Huadong Medicine Co's Price to Tangible Book Ratio of today is 3.65.

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

SZSE:000963' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.86 Med: 5.94 Max: 15.18
Current: 3.78

During the past 13 years, Huadong Medicine Co's highest Price to Tangible Book Ratio was 15.18. The lowest was 2.86. And the median was 5.94.

SZSE:000963's Price-to-Tangible-Book is ranked worse than
72.13% of 872 companies
in the Drug Manufacturers industry
Industry Median: 2.285 vs SZSE:000963: 3.78

A closely related ratio is called PB Ratio. As of today, Huadong Medicine Co's share price is ¥31.50. Huadong Medicine Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥12.00. Hence, Huadong Medicine Co's P/B Ratio of today is 2.63.

Huadong Medicine Co Price-to-Tangible-Book Historical Data

The historical data trend for Huadong Medicine 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.

Huadong Medicine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

4.55

3.98

5.76

6.21

4.80

Huadong Medicine 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																6.21	5.84	5.50	5.07	4.81

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Huadong Medicine 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.

Huadong Medicine Co Price-to-Tangible-Book Distribution

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

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

Huadong Medicine Co Price-to-Tangible-Book Calculation

Huadong Medicine 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 )
	=	31.50	/	8.622
	=	3.65

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.

Huadong Medicine Co Price-to-Tangible-Book Related Terms

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

Huadong Medicine Co (SZSE:000963) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Huadong Medicine Co Ltd (SZSE:000963) » Definitions » Price-to-Tangible-Book

Traded in Other Exchanges

N/A

Address

468 Yan’an Road, Floor 7, 9 and 10, Gate No. 1, Building No. 1, Hangzhou, CHN, 310006

Website

http://www.eastchinapharm.com

Huadong Medicine Co Ltd is engaged in the production and sales of antibiotics, proprietary Chinese medicine, chemical synthetic medicine and genetic engineering drugs products. It is also engaged in the wholesale, retail and distribution business of Chinese and western medicine, Chinese herbal medicine, medical apparatus, and instruments. The main business of the company is divided into pharmaceutical business sales and the industry of pharmaceutical. The product portfolio of the company includes Corbrin capsule, Cymusi, New Cyspin, Kasiping, Panlisu, Acarbose, and others.

Huadong Medicine Co (SZSE:000963) Headlines

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