Tianda Pharmaceuticals (HKSE:00455) Price-to-Tangible-Book : 1.10 (As of May. 25, 2024)

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What is Tianda Pharmaceuticals Price-to-Tangible-Book?

As of today (2024-05-25), Tianda Pharmaceuticals's share price is HK$0.242. Tianda Pharmaceuticals's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.22. Hence, Tianda Pharmaceuticals's Price to Tangible Book Ratio of today is 1.10.

The historical rank and industry rank for Tianda Pharmaceuticals's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00455' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 1.06 Max: 1.5
Current: 1.1

During the past 13 years, Tianda Pharmaceuticals's highest Price to Tangible Book Ratio was 1.50. The lowest was 0.58. And the median was 1.06.

HKSE:00455's Price-to-Tangible-Book is ranked better than
81.27% of 865 companies
in the Drug Manufacturers industry
Industry Median: 2.32 vs HKSE:00455: 1.10

A closely related ratio is called PB Ratio. As of today, Tianda Pharmaceuticals's share price is HK$0.242. Tianda Pharmaceuticals's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.28. Hence, Tianda Pharmaceuticals's P/B Ratio of today is 0.88.

Tianda Pharmaceuticals Price-to-Tangible-Book Historical Data

The historical data trend for Tianda Pharmaceuticals's Price-to-Tangible-Book 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.

Tianda Pharmaceuticals Price-to-Tangible-Book Chart

Tianda Pharmaceuticals Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.85

0.58

0.69

0.80

0.99

Tianda Pharmaceuticals Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.78	0.80	0.78	1.01	0.99

Competitive Comparison of Tianda Pharmaceuticals's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Tianda Pharmaceuticals's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Tianda Pharmaceuticals's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tianda Pharmaceuticals's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tianda Pharmaceuticals's Price-to-Tangible-Book falls into.

Tianda Pharmaceuticals Price-to-Tangible-Book Calculation

Tianda Pharmaceuticals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.242	/	0.221
	=	1.10

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Tianda Pharmaceuticals Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Tianda Pharmaceuticals's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Tianda Pharmaceuticals (HKSE:00455) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tianda Pharmaceuticals Ltd (HKSE:00455) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

CITIC Tower, No. 1 Tim Mei Avenue, Suites 2405-2410, 24th Floor, Central, Hong Kong, HKG

Website

https://www.tiandapharma.com

Tianda Pharmaceuticals Ltd is engaged in R&D, manufactures and sales of pharmaceutical, biotechnology and healthcare products. The group also engages in R&D of Chinese medicine and manufacture and sales of Chinese medicine products, and the provision of Chinese medical services. Its operating segments include Chinese medicine business; Medical and healthcare services; and Pharmaceuticals and medical technologies business. The company derives majority of the revenue from Pharmaceuticals and medical technologies business.

Executives

Tianda Group Limited	2101 Beneficial owner
Fang Wen Quan	2201 Interest of corporation controlled by you

Tianda Pharmaceuticals (HKSE:00455) Headlines

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