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SWS Hemodialysis Care Co (SHSE:688410) PB Ratio : 2.57 (As of Jun. 24, 2024)


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What is SWS Hemodialysis Care Co 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 (2024-06-24), SWS Hemodialysis Care Co's share price is ¥20.40. SWS Hemodialysis Care Co's Book Value per Share for the quarter that ended in Mar. 2024 was ¥7.93. Hence, SWS Hemodialysis Care Co's PB Ratio of today is 2.57.

Good Sign:

SWS Hemodialysis Care Co Ltd stock PB Ratio (=2.66) is close to 2-year low of 2.53

The historical rank and industry rank for SWS Hemodialysis Care Co's PB Ratio or its related term are showing as below:

SHSE:688410' s PB Ratio Range Over the Past 10 Years
Min: 2.53   Med: 3.69   Max: 8.67
Current: 2.57

During the past 6 years, SWS Hemodialysis Care Co's highest PB Ratio was 8.67. The lowest was 2.53. And the median was 3.69.

SHSE:688410's PB Ratio is ranked worse than
57.91% of 784 companies
in the Medical Devices & Instruments industry
Industry Median: 2.205 vs SHSE:688410: 2.57

During the past 12 months, SWS Hemodialysis Care Co's average Book Value Per Share Growth Rate was 7.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 51.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 58.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of SWS Hemodialysis Care Co was 99.70% per year. The lowest was 28.80% per year. And the median was 51.60% per year.

Back to Basics: PB Ratio


SWS Hemodialysis Care Co PB Ratio Historical Data

The historical data trend for SWS Hemodialysis Care Co'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.

SWS Hemodialysis Care Co PB Ratio Chart

SWS Hemodialysis Care Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - - 2.41 3.71

SWS Hemodialysis Care Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 3.41 4.60 4.52 3.71 3.13

Competitive Comparison of SWS Hemodialysis Care Co's PB Ratio

For the Medical Instruments & Supplies subindustry, SWS Hemodialysis Care Co'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.


SWS Hemodialysis Care Co's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SWS Hemodialysis Care Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where SWS Hemodialysis Care Co's PB Ratio falls into.



SWS Hemodialysis Care Co 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.

SWS Hemodialysis Care Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=20.40/7.932
=2.57

* 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.


SWS Hemodialysis Care Co  (SHSE:688410) 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.


SWS Hemodialysis Care Co PB Ratio Related Terms

Thank you for viewing the detailed overview of SWS Hemodialysis Care Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SWS Hemodialysis Care Co (SHSE:688410) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Ciji Road, Liangjiang New District, Chongqing, CHN, 401123
SWS Hemodialysis Care Co Ltd is engaged in the research and development, production and sales of blood purification equipment and consumables.
Executives
Gao Guang Yong Directors, senior managers, core technical personn

SWS Hemodialysis Care Co (SHSE:688410) Headlines

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