IVD Medical Holding (HKSE:01931) PB Ratio : 0.60 (As of May. 16, 2024)

View and export this data going back to 2019. Start your Free Trial

What is IVD Medical Holding 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 (2024-05-16), IVD Medical Holding's share price is HK$1.63. IVD Medical Holding's Book Value per Share for the quarter that ended in Dec. 2023 was HK$2.70. Hence, IVD Medical Holding's PB Ratio of today is 0.60.

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

HKSE:01931' s PB Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.94 Max: 4.16
Current: 0.6

During the past 8 years, IVD Medical Holding's highest PB Ratio was 4.16. The lowest was 0.40. And the median was 0.94.

HKSE:01931's PB Ratio is ranked better than
86.96% of 92 companies
in the Medical Distribution industry
Industry Median: 1.435 vs HKSE:01931: 0.60

During the past 12 months, IVD Medical Holding's average Book Value Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.00% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of IVD Medical Holding was 55.50% per year. The lowest was 1.90% per year. And the median was 49.40% per year.

Back to Basics: PB Ratio

IVD Medical Holding PB Ratio Historical Data

The historical data trend for IVD Medical Holding'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.

IVD Medical Holding PB Ratio Chart

IVD Medical Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

1.32

0.83

1.19

0.75

0.68

IVD Medical Holding Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial									1.19	0.93	0.75	0.52	0.68

Competitive Comparison of IVD Medical Holding's PB Ratio

For the Medical Distribution subindustry, IVD Medical Holding'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.

IVD Medical Holding's PB Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, IVD Medical Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where IVD Medical Holding's PB Ratio falls into.

IVD Medical Holding 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.

IVD Medical Holding's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.63	/	2.701
	=	0.60

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.

IVD Medical Holding (HKSE:01931) 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.

IVD Medical Holding PB Ratio Related Terms

Thank you for viewing the detailed overview of IVD Medical Holding's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

IVD Medical Holding (HKSE:01931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » IVD Medical Holding Ltd (HKSE:01931) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 299, Bisheng Road, Room 602, Building 6, Zhangjiang Hi-Tech Park, Pudong New Area District, Shanghai, CHN

Website

http://www.ivdholding.com

IVD Medical Holding Ltd is principally engaged in the sale and manufacture of medical equipment and consumables and the provision of consultancy and maintenance services related to medical equipment. It has three segments. The distribution business, which is the key revenue driver, involves the trading of IVD analysers, reagents, and other consumables to customers such as distributors, hospitals and healthcare institutions, and logistics providers. The After-sales Services provided by Vastec include maintenance and repair services, installation services and end-customer training. Its Self-branded Products Business, distributes its self-developed IVD products under its own brand which includes IVD analysers and reagents under the IVD testing category of Point-of-care testing.

IVD Medical Holding (HKSE:01931) Headlines

No Headlines