GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Shenzhen Glory Medical Co Ltd (SZSE:002551) » Definitions » Price-to-Tangible-Book

Shenzhen Glory Medical Co (SZSE:002551) Price-to-Tangible-Book : 0.99 (As of Apr. 26, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Shenzhen Glory Medical Co Price-to-Tangible-Book?

As of today (2024-04-26), Shenzhen Glory Medical Co's share price is ¥2.74. Shenzhen Glory Medical Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥2.76. Hence, Shenzhen Glory Medical Co's Price to Tangible Book Ratio of today is 0.99.

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

SZSE:002551' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.99   Med: 1.9   Max: 12.89
Current: 0.99

During the past 13 years, Shenzhen Glory Medical Co's highest Price to Tangible Book Ratio was 12.89. The lowest was 0.99. And the median was 1.90.

SZSE:002551's Price-to-Tangible-Book is ranked better than
71.95% of 82 companies
in the Medical Distribution industry
Industry Median: 1.595 vs SZSE:002551: 0.99

A closely related ratio is called PB Ratio. As of today, Shenzhen Glory Medical Co's share price is ¥2.74. Shenzhen Glory Medical Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥3.09. Hence, Shenzhen Glory Medical Co's P/B Ratio of today is 0.89.


Shenzhen Glory Medical Co Price-to-Tangible-Book Historical Data

The historical data trend for Shenzhen Glory Medical 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.

Shenzhen Glory Medical Co Price-to-Tangible-Book Chart

Shenzhen Glory Medical 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 1.65 1.93 1.87 1.76 1.47

Shenzhen Glory Medical 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 1.76 1.59 1.30 1.41 1.47

Competitive Comparison of Shenzhen Glory Medical Co's Price-to-Tangible-Book

For the Medical Distribution subindustry, Shenzhen Glory Medical 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.


Shenzhen Glory Medical Co's Price-to-Tangible-Book Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Shenzhen Glory Medical Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shenzhen Glory Medical Co's Price-to-Tangible-Book falls into.



Shenzhen Glory Medical Co Price-to-Tangible-Book Calculation

Shenzhen Glory Medical 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 )
=2.74/2.761
=0.99

* 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.


Shenzhen Glory Medical Co Price-to-Tangible-Book Related Terms

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


Shenzhen Glory Medical Co (SZSE:002551) Business Description

Traded in Other Exchanges
N/A
Address
Glory Science and Tech Industrial Park, Baolong Avenue, Longgang District, Shenzhen, Guangdong, CHN, 518116
Shenzhen Glory Medical Co Ltd is engaged in providing hospital building integrated solutions in China. It is involved in the hospital construction system analysis and planning, and medical engineering activities. It also sells medical equipment and medical consumables. The company provides hospital management professional medical logistic, smart medical, and park development services.

Shenzhen Glory Medical Co (SZSE:002551) Headlines

No Headlines