Shanghai Pioneer Holding (HKSE:01345) Price-to-Tangible-Book : 2.25 (As of May. 17, 2024)

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What is Shanghai Pioneer Holding Price-to-Tangible-Book?

As of today (2024-05-17), Shanghai Pioneer Holding's share price is HK$1.90. Shanghai Pioneer Holding's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was HK$0.84. Hence, Shanghai Pioneer Holding's Price to Tangible Book Ratio of today is 2.25.

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

HKSE:01345' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.58 Med: 2.29 Max: 7.02
Current: 2.26

During the past 12 years, Shanghai Pioneer Holding's highest Price to Tangible Book Ratio was 7.02. The lowest was 0.58. And the median was 2.29.

HKSE:01345's Price-to-Tangible-Book is ranked better than
63.41% of 481 companies
in the Healthcare Providers & Services industry
Industry Median: 3.3 vs HKSE:01345: 2.26

A closely related ratio is called PB Ratio. As of today, Shanghai Pioneer Holding's share price is HK$1.90. Shanghai Pioneer Holding's Book Value per Sharefor the quarter that ended in Dec. 2023 was HK$0.88. Hence, Shanghai Pioneer Holding's P/B Ratio of today is 2.17.

Shanghai Pioneer Holding Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Pioneer Holding'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.

Shanghai Pioneer Holding Price-to-Tangible-Book Chart

Shanghai Pioneer Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.58

1.18

1.99

2.60

2.17

Shanghai Pioneer Holding 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															1.99	3.39	2.60	3.12	2.17

Competitive Comparison of Shanghai Pioneer Holding's Price-to-Tangible-Book

For the Pharmaceutical Retailers subindustry, Shanghai Pioneer Holding'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.

Shanghai Pioneer Holding's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Shanghai Pioneer Holding's Price-to-Tangible-Book falls into.

Shanghai Pioneer Holding Price-to-Tangible-Book Calculation

Shanghai Pioneer Holding's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.90	/	0.844
	=	2.25

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.

Shanghai Pioneer Holding Price-to-Tangible-Book Related Terms

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

Shanghai Pioneer Holding (HKSE:01345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Shanghai Pioneer Holding Ltd (HKSE:01345) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.15, Lane 88 Wuwei Road, Putuo District, Shanghai, CHN, 200331

Website

http://www.pioneer-pharma.com

Shanghai Pioneer Holding Ltd is an investment holding company. It is engaged in the marketing, promotion, sales, and channel management service for pharmaceutical products and medical devices in China. The company has a portfolio of pharmaceutical products, covering ophthalmology, pain management, cardiovascular, gastroenterology, immunology, gynecology, and other therapeutic areas, and medical devices covering several medical specialties, including ophthalmology, orthopedics, odontology, and wound care. The majority of its revenue derives from the Sales of pharmaceutical products segment. The group operates mainly in PRC.

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