BDMD (Baird Medical Investment Holdings) PB Ratio : 1.40 (As of Dec. 14, 2024)

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What is Baird Medical Investment Holdings PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), Baird Medical Investment Holdings's share price is $1.55. Baird Medical Investment Holdings's Book Value per Share for the quarter that ended in Jun. 2024 was $1.11. Hence, Baird Medical Investment Holdings's PB Ratio of today is 1.40.

Good Sign:

Baird Medical Investment Holdings Ltd stock PB Ratio (=1.55) is close to 1-year low of 1.55

The historical rank and industry rank for Baird Medical Investment Holdings's PB Ratio or its related term are showing as below:

BDMD' s PB Ratio Range Over the Past 10 Years
Min: 1.55 Med: 2.59 Max: 4.29
Current: 1.55

During the past 3 years, Baird Medical Investment Holdings's highest PB Ratio was 4.29. The lowest was 1.55. And the median was 2.59.

BDMD's PB Ratio is ranked better than
66.2% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 2.34 vs BDMD: 1.55

During the past 12 months, Baird Medical Investment Holdings's average Book Value Per Share Growth Rate was 37.70% per year.

Back to Basics: PB Ratio

Baird Medical Investment Holdings PB Ratio Historical Data

The historical data trend for Baird Medical Investment Holdings's PB Ratio 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.

Baird Medical Investment Holdings PB Ratio Chart

Baird Medical Investment Holdings Annual Data

Trend

Dec21

Dec22

Dec23

PB Ratio

Baird Medical Investment Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24
PB Ratio	-	-	-	-	-

Competitive Comparison of Baird Medical Investment Holdings's PB Ratio

For the Medical Devices subindustry, Baird Medical Investment Holdings's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Baird Medical Investment Holdings's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Baird Medical Investment Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Baird Medical Investment Holdings's PB Ratio falls into.

Baird Medical Investment Holdings PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Baird Medical Investment Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2024)
	=	1.55	/	1.107
	=	1.40

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Baird Medical Investment Holdings (NAS:BDMD) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Baird Medical Investment Holdings PB Ratio Related Terms

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Baird Medical Investment Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Baird Medical Investment Holdings Ltd (NAS:BDMD) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.15 Rongtong Street, Room 202, 2nd Floor, Baide Building, Building 11, Yuexiu, Guangzhou, CHN

Website

Baird Medical Investment Holdings Ltd is one of the microwave ablation medical device developers and providers in the PRC for minimally invasive treatment of tumors. Its proprietary medical devices are used for the treatment of benign and malignant tumors, including thyroid nodules, liver cancer, lung cancer and breast lumps. Microwave ablation is a minimally invasive treatment technique that denaturalizes and coagulates the protein of tumor cells with extreme heat generated by microwave energy. Microwave ablation treatments have been applied to benign and malignant tumors, and the company believes the products are safer, minimally invasive and easier to operate with faster recovery periods and lower complication rates for patients, as compared to traditional treatment methods.