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Han Biomedical (ROCO:6999) PB Ratio : 2.86 (As of Dec. 13, 2024)


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What is Han Biomedical 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 (2024-12-13), Han Biomedical's share price is NT$35.50. Han Biomedical's Book Value per Share for the quarter that ended in Jun. 2024 was NT$12.40. Hence, Han Biomedical's PB Ratio of today is 2.86.

Good Sign:

Han Biomedical Inc stock PB Ratio (=2.84) is close to 1-year low of 2.84

The historical rank and industry rank for Han Biomedical's PB Ratio or its related term are showing as below:

ROCO:6999' s PB Ratio Range Over the Past 10 Years
Min: 2.76   Med: 3.22   Max: 3.91
Current: 2.8

During the past 3 years, Han Biomedical's highest PB Ratio was 3.91. The lowest was 2.76. And the median was 3.22.

ROCO:6999's PB Ratio is ranked worse than
54.18% of 1279 companies
in the Biotechnology industry
Industry Median: 2.48 vs ROCO:6999: 2.80

Back to Basics: PB Ratio


Han Biomedical PB Ratio Historical Data

The historical data trend for Han Biomedical'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.

Han Biomedical PB Ratio Chart

Han Biomedical Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - -

Han Biomedical Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
PB Ratio - - - - -

Competitive Comparison of Han Biomedical's PB Ratio

For the Biotechnology subindustry, Han Biomedical'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.


Han Biomedical's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Han Biomedical's PB Ratio distribution charts can be found below:

* The bar in red indicates where Han Biomedical's PB Ratio falls into.



Han Biomedical 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.

Han Biomedical's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=35.50/12.395
=2.86

* 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 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.


Han Biomedical  (ROCO:6999) 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.


Han Biomedical PB Ratio Related Terms

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Han Biomedical Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Xintai 5th Road, 15F-11, No.99, Sec.1, Xizhi District, New Taipei City, TWN
Han Biomedical Inc operates as a bio-material technology platform for the tissue repair market.

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