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China Traditional Chinese Medicine Holdings Co (HKSE:00570) Price-to-Tangible-Book : 1.61 (As of May. 21, 2024)


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What is China Traditional Chinese Medicine Holdings Co Price-to-Tangible-Book?

As of today (2024-05-21), China Traditional Chinese Medicine Holdings Co's share price is HK$4.28. China Traditional Chinese Medicine Holdings Co's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$2.65. Hence, China Traditional Chinese Medicine Holdings Co's Price to Tangible Book Ratio of today is 1.61.

The historical rank and industry rank for China Traditional Chinese Medicine Holdings Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:00570' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.48   Med: 3.17   Max: 17.58
Current: 1.62

During the past 13 years, China Traditional Chinese Medicine Holdings Co's highest Price to Tangible Book Ratio was 17.58. The lowest was 1.48. And the median was 3.17.

HKSE:00570's Price-to-Tangible-Book is ranked better than
67.7% of 867 companies
in the Drug Manufacturers industry
Industry Median: 2.4 vs HKSE:00570: 1.62

A closely related ratio is called PB Ratio. As of today, China Traditional Chinese Medicine Holdings Co's share price is HK$4.28. China Traditional Chinese Medicine Holdings Co's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$4.60. Hence, China Traditional Chinese Medicine Holdings Co's P/B Ratio of today is 0.93.


China Traditional Chinese Medicine Holdings Co Price-to-Tangible-Book Historical Data

The historical data trend for China Traditional Chinese Medicine Holdings Co'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.

China Traditional Chinese Medicine Holdings Co Price-to-Tangible-Book Chart

China Traditional Chinese Medicine Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 1.99 2.13 1.48 1.48

China Traditional Chinese Medicine Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book 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 2.13 2.03 1.48 1.48 1.48

Competitive Comparison of China Traditional Chinese Medicine Holdings Co's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, China Traditional Chinese Medicine Holdings Co'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.


China Traditional Chinese Medicine Holdings Co's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, China Traditional Chinese Medicine Holdings Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where China Traditional Chinese Medicine Holdings Co's Price-to-Tangible-Book falls into.



China Traditional Chinese Medicine Holdings Co Price-to-Tangible-Book Calculation

China Traditional Chinese Medicine Holdings Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.28/2.653
=1.61

* 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 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.


China Traditional Chinese Medicine Holdings Co Price-to-Tangible-Book Related Terms

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China Traditional Chinese Medicine Holdings Co (HKSE:00570) Business Description

Traded in Other Exchanges
Address
288 Hennessy Road, Room 1601, Emperor Group Centre, Wanchai, Hong Kong, HKG
China Traditional Chinese Medicine Holdings Co Ltd is engaged in the Chinese healthcare sector. The company functions through five segments, finished drugs; concentrated TCM granules; TCM decoction pieces; TCM healthcare complex, and Local TCM integrated operation. It generates maximum revenue from the concentrated TCM granules segment. Geographically, it derives a majority of its revenue from Mainland China.

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