GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Heren Health Co Ltd (SZSE:300550) » Definitions » PB Ratio

Heren Health Co (SZSE:300550) PB Ratio : 3.18 (As of Mar. 31, 2025)


View and export this data going back to 2016. Start your Free Trial

What is Heren Health 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 (2025-03-31), Heren Health Co's share price is ¥12.99. Heren Health Co's Book Value per Share for the quarter that ended in Sep. 2024 was ¥4.08. Hence, Heren Health Co's PB Ratio of today is 3.18.

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

SZSE:300550' s PB Ratio Range Over the Past 10 Years
Min: 1.99   Med: 4.47   Max: 32.18
Current: 3.18

During the past 13 years, Heren Health Co's highest PB Ratio was 32.18. The lowest was 1.99. And the median was 4.47.

SZSE:300550's PB Ratio is ranked worse than
69.46% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 2.03 vs SZSE:300550: 3.18

During the past 12 months, Heren Health Co's average Book Value Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 19.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Heren Health Co was 45.80% per year. The lowest was -0.10% per year. And the median was 21.30% per year.

Back to Basics: PB Ratio


Heren Health Co PB Ratio Historical Data

The historical data trend for Heren Health 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.

Heren Health Co PB Ratio Chart

Heren Health Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.05 3.10 3.01 3.99 3.65

Heren Health Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.53 3.65 2.88 2.35 3.34

Competitive Comparison of Heren Health Co's PB Ratio

For the Health Information Services subindustry, Heren Health 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.


Heren Health Co's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Heren Health Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Heren Health Co's PB Ratio falls into.


;
;

Heren Health 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.

Heren Health Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=12.99/4.084
=3.18

* 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.


Heren Health Co  (SZSE:300550) 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.


Heren Health Co PB Ratio Related Terms

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


Heren Health Co Business Description

Traded in Other Exchanges
N/A
Address
No. 625, Xinlian Road, Xixing Street, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Heren Health Co Ltd is an overall solution service provider focusing on research and development, sales, implementation integration and service support of medical information systems and digital scenario application systems. Its products includes electronic medical records, medical information integration platform, clinical data centers, clinical pathway system, integrated health care workstations and operation control system of medical institutions.
Executives
Zhang Yi Directors, executives
Zhang Xue Feng Executives
Ren Hong Ming Executives
Sun Ting Executives

Heren Health Co Headlines

No Headlines