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LifeTech Scientific (HKSE:01302) Price-to-Tangible-Book : 2.43 (As of May. 28, 2025)


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What is LifeTech Scientific Price-to-Tangible-Book?

As of today (2025-05-28), LifeTech Scientific's share price is HK$1.63. LifeTech Scientific's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was HK$0.67. Hence, LifeTech Scientific's Price to Tangible Book Ratio of today is 2.43.

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

HKSE:01302' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.07   Med: 6.48   Max: 47.74
Current: 2.43

During the past 13 years, LifeTech Scientific's highest Price to Tangible Book Ratio was 47.74. The lowest was 2.07. And the median was 6.48.

HKSE:01302's Price-to-Tangible-Book is ranked better than
53.93% of 699 companies
in the Medical Devices & Instruments industry
Industry Median: 2.67 vs HKSE:01302: 2.43

A closely related ratio is called PB Ratio. As of today, LifeTech Scientific's share price is HK$1.63. LifeTech Scientific's Book Value per Sharefor the quarter that ended in Dec. 2024 was HK$0.85. Hence, LifeTech Scientific's P/B Ratio of today is 1.92.


LifeTech Scientific Price-to-Tangible-Book Historical Data

The historical data trend for LifeTech Scientific'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.

LifeTech Scientific Price-to-Tangible-Book Chart

LifeTech Scientific Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.54 6.47 4.35 3.48 2.07

LifeTech Scientific Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 4.35 4.11 3.48 2.10 2.07

Competitive Comparison of LifeTech Scientific's Price-to-Tangible-Book

For the Medical Devices subindustry, LifeTech Scientific'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.


LifeTech Scientific's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, LifeTech Scientific's Price-to-Tangible-Book distribution charts can be found below:

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


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LifeTech Scientific Price-to-Tangible-Book Calculation

LifeTech Scientific's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=1.63/0.671
=2.43

* 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.


LifeTech Scientific Price-to-Tangible-Book Related Terms

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


LifeTech Scientific Business Description

Traded in Other Exchanges
Address
No. 22, Keji 12th Road South, LifeTech Scientific Building, High-tech Industrial Park, Nanshan District, Shenzhen, CHN, 518063
LifeTech Scientific Corp develops and manufactures also responsible for marketing of of advanced minimally invasive interventional medical devices for cardiovascular and peripheral vascular diseases and disorders. The firm operates in three areas: Structural heart diseases business; Peripheral vascular diseases business and Cardiac pacing and electrophysiology business. It generates maximum revenue from the Peripheral vascular diseases business segment. Geographically, it derives a majority of revenue from China.
Executives
Xie Yuehui 2201 Interest of corporation controlled by you
Xianjian Advanced Technology Limited 2101 Beneficial owner
Futu Trustee Limited 2301 Trustee
Xie Yuehui 2201 Interest of corporation controlled by you
Hhlr Advisors, Ltd. 2102 Investment manager
Bank Of Communications Trustee Limited 2301 Trustee
Hhlr Fund, L.p. 2101 Beneficial owner
Hillhouse Capital Advisors, Ltd. 2102 Investment manager
Gaoling Fund, L.p. 2101 Beneficial owner

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