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Hangzhou Tigermed Consulting Co (SZSE:300347) Price-to-Tangible-Book : 2.58 (As of Apr. 25, 2024)


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What is Hangzhou Tigermed Consulting Co Price-to-Tangible-Book?

As of today (2024-04-25), Hangzhou Tigermed Consulting Co's share price is ¥53.01. Hangzhou Tigermed Consulting Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ¥20.51. Hence, Hangzhou Tigermed Consulting Co's Price to Tangible Book Ratio of today is 2.58.

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

SZSE:300347' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.61   Med: 12.18   Max: 25.64
Current: 2.61

During the past 13 years, Hangzhou Tigermed Consulting Co's highest Price to Tangible Book Ratio was 25.64. The lowest was 2.61. And the median was 12.18.

SZSE:300347's Price-to-Tangible-Book is ranked worse than
51.48% of 169 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.45 vs SZSE:300347: 2.61

A closely related ratio is called PB Ratio. As of today, Hangzhou Tigermed Consulting Co's share price is ¥53.01. Hangzhou Tigermed Consulting Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was ¥24.10. Hence, Hangzhou Tigermed Consulting Co's P/B Ratio of today is 2.20.


Hangzhou Tigermed Consulting Co Price-to-Tangible-Book Historical Data

The historical data trend for Hangzhou Tigermed Consulting 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.

Hangzhou Tigermed Consulting Co Price-to-Tangible-Book Chart

Hangzhou Tigermed Consulting 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 15.93 9.70 6.93 5.46 2.68

Hangzhou Tigermed Consulting 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 5.46 4.82 3.18 3.24 2.68

Competitive Comparison of Hangzhou Tigermed Consulting Co's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, Hangzhou Tigermed Consulting 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.


Hangzhou Tigermed Consulting Co's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Hangzhou Tigermed Consulting Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hangzhou Tigermed Consulting Co's Price-to-Tangible-Book falls into.



Hangzhou Tigermed Consulting Co Price-to-Tangible-Book Calculation

Hangzhou Tigermed Consulting 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 )
=53.01/20.508
=2.58

* 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.


Hangzhou Tigermed Consulting Co Price-to-Tangible-Book Related Terms

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Hangzhou Tigermed Consulting Co (SZSE:300347) Business Description

Traded in Other Exchanges
Address
Block 8, No. 19 Jugong Road, Room 2001-2010, 20th Floor, Xixing Sub-District, Binjiang District, Hangzhou, CHN, 310053
Hangzhou Tigermed Consulting Co Ltd is a China-based Contract Research Organization. The company's segment includes Clinical trial solutions and Clinical-related and laboratory services. It generates maximum revenue from the Clinical trial solutions segment. The company's offered services include bioanalytical, medical writing, biostatistics analysis, and medical imaging. The therapeutic areas of the company include Infections, Hematology, Cardiovascular, Endocrinology, Rheumatology, Nephrology, and Central Nervous System (CNS) among others.

Hangzhou Tigermed Consulting Co (SZSE:300347) Headlines

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