Winning Health Technology Group Co (SZSE:300253) Price-to-Tangible-Book

: 3.90 (As of Today)

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As of today (2024-04-23), Winning Health Technology Group Co's share price is ¥6.69. Winning Health Technology Group Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥1.72. Hence, Winning Health Technology Group Co's Price to Tangible Book Ratio of today is 3.90.

The historical rank and industry rank for Winning Health Technology Group Co's Price-to-Tangible-Book or its related term are showing as below:

SZSE:300253' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.75 Med: 9.08 Max: 40.91
Current: 3.89

During the past 13 years, Winning Health Technology Group Co's highest Price to Tangible Book Ratio was 40.91. The lowest was 3.75. And the median was 9.08.

SZSE:300253's Price-to-Tangible-Book is ranked worse than
55.74% of 479 companies
in the Healthcare Providers & Services industry
Industry Median: 3.28 vs SZSE:300253: 3.89

A closely related ratio is called PB Ratio. As of today, Winning Health Technology Group Co's share price is ¥6.69. Winning Health Technology Group Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥2.64. Hence, Winning Health Technology Group Co's P/B Ratio of today is 2.53.

Winning Health Technology Group Co Price-to-Tangible-Book Historical Data

The historical data trend for Winning Health Technology Group 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.

Winning Health Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

8.92

11.78

10.21

6.61

4.19

Winning Health Technology Group 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																6.61	9.04	6.93	4.60	4.19

Competitive Comparison

For the Health Information Services subindustry, Winning Health Technology Group 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.

Winning Health Technology Group Co Price-to-Tangible-Book Distribution

For the Healthcare Providers & Services industry and Healthcare sector, Winning Health Technology Group Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Winning Health Technology Group Co's Price-to-Tangible-Book falls into.

Winning Health Technology Group Co Price-to-Tangible-Book Calculation

Winning Health Technology Group 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 )
	=	6.69	/	1.717
	=	3.90

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.

Winning Health Technology Group Co Price-to-Tangible-Book Related Terms

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

Winning Health Technology Group Co (SZSE:300253) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Winning Health Technology Group Co Ltd (SZSE:300253) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3388 Gonghe New Road, F/8, Yongding Plaza, Shanghai, CHN, 200436

Website

http://www.winning.com.cn

Winning Health Technology Group Co Ltd is a China-based company engages in the research, development, manufacture, and sale of software, computers, and its auxiliary equipment; and provision of computer network maintenance and technical services. It also provides regional health information platform, an integrated service platform that integrates hardware network infrastructure, data center, data exchange, and business services.

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