Kingworld Medicines Group (HKSE:01110) Price-to-Tangible-Book : 0.68 (As of May. 21, 2024)

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What is Kingworld Medicines Group Price-to-Tangible-Book?

As of today (2024-05-21), Kingworld Medicines Group's share price is HK$0.63. Kingworld Medicines Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.93. Hence, Kingworld Medicines Group's Price to Tangible Book Ratio of today is 0.68.

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

HKSE:01110' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 1.17 Max: 2.3
Current: 0.68

During the past 13 years, Kingworld Medicines Group's highest Price to Tangible Book Ratio was 2.30. The lowest was 0.67. And the median was 1.17.

HKSE:01110's Price-to-Tangible-Book is ranked better than
91.89% of 481 companies
in the Healthcare Providers & Services industry
Industry Median: 3.24 vs HKSE:01110: 0.68

A closely related ratio is called PB Ratio. As of today, Kingworld Medicines Group's share price is HK$0.63. Kingworld Medicines Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$1.09. Hence, Kingworld Medicines Group's P/B Ratio of today is 0.58.

Kingworld Medicines Group Price-to-Tangible-Book Historical Data

The historical data trend for Kingworld Medicines Group'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.

Kingworld Medicines Group Price-to-Tangible-Book Chart

Kingworld Medicines Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.04

0.83

0.75

0.90

0.68

Kingworld Medicines Group 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															0.75	0.44	0.90	0.60	0.68

Competitive Comparison of Kingworld Medicines Group's Price-to-Tangible-Book

For the Pharmaceutical Retailers subindustry, Kingworld Medicines Group'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.

Kingworld Medicines Group's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kingworld Medicines Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kingworld Medicines Group's Price-to-Tangible-Book falls into.

Kingworld Medicines Group Price-to-Tangible-Book Calculation

Kingworld Medicines Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.63	/	0.928
	=	0.68

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.

Kingworld Medicines Group Price-to-Tangible-Book Related Terms

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

Kingworld Medicines Group (HKSE:01110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Kingworld Medicines Group Ltd (HKSE:01110) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

198 Daxin Road, 8th-9th Floor, Block A, Majialong Chuangxin Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518016

Website

https://www.kingworld.com.cn

Kingworld Medicines Group Ltd is engaged in Distribution sales of pharmaceutical and healthcare products such as branded imported pharmaceutical and healthcare products primarily in Hong Kong and the PRC, and Manufacturing and sales of electrotherapeutic and physiotherapeutic devices and general medical examination devices primarily carried out in the PRC. It derives the majority of its revenue from Distribution sales of pharmaceutical and healthcare products segment.

Kingworld Medicines Group (HKSE:01110) Headlines

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