Beijing Luzhu Biotechnology Co (HKSE:02480) Price-to-Tangible-Book : 4.27 (As of May. 13, 2024)

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What is Beijing Luzhu Biotechnology Co Price-to-Tangible-Book?

As of today (2024-05-13), Beijing Luzhu Biotechnology Co's share price is HK$26.50. Beijing Luzhu Biotechnology Co's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was HK$6.21. Hence, Beijing Luzhu Biotechnology Co's Price to Tangible Book Ratio of today is 4.27.

The historical rank and industry rank for Beijing Luzhu Biotechnology Co's Price-to-Tangible-Book or its related term are showing as below:

HKSE:02480' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.83 Med: 6.38 Max: 6.38
Current: 4.83

During the past 3 years, Beijing Luzhu Biotechnology Co's highest Price to Tangible Book Ratio was 6.38. The lowest was 4.83. And the median was 6.38.

HKSE:02480's Price-to-Tangible-Book is ranked worse than
71.56% of 1220 companies
in the Biotechnology industry
Industry Median: 2.71 vs HKSE:02480: 4.83

A closely related ratio is called PB Ratio. As of today, Beijing Luzhu Biotechnology Co's share price is HK$26.50. Beijing Luzhu Biotechnology Co's Book Value per Sharefor the quarter that ended in Jun. 2023 was HK$6.22. Hence, Beijing Luzhu Biotechnology Co's P/B Ratio of today is 4.26.

Beijing Luzhu Biotechnology Co Price-to-Tangible-Book Historical Data

The historical data trend for Beijing Luzhu Biotechnology 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.

Beijing Luzhu Biotechnology Co Price-to-Tangible-Book Chart

Beijing Luzhu Biotechnology Co Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

5.44

Beijing Luzhu Biotechnology Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	-	-	-	6.38	5.44

Competitive Comparison of Beijing Luzhu Biotechnology Co's Price-to-Tangible-Book

For the Biotechnology subindustry, Beijing Luzhu Biotechnology 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.

Beijing Luzhu Biotechnology Co's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Beijing Luzhu Biotechnology Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Beijing Luzhu Biotechnology Co's Price-to-Tangible-Book falls into.

Beijing Luzhu Biotechnology Co Price-to-Tangible-Book Calculation

Beijing Luzhu Biotechnology Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	26.50	/	6.205
	=	4.27

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.

Beijing Luzhu Biotechnology Co Price-to-Tangible-Book Related Terms

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Beijing Luzhu Biotechnology Co (HKSE:02480) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Beijing Luzhu Biotechnology Co Ltd (HKSE:02480) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Guangtong Street, Industrial Development Zone, Zhangjiawan Tongzhou District, Beijing, CHN

Website

http://www.luzhubiotech.com

Beijing Luzhu Biotechnology Co Ltd is a biotechnology company committed to developing innovative human vaccines and therapeutic biologics to prevent and control infectious diseases and treat cancer and autoimmune diseases. Its clinical-stage product candidates comprise one vaccine candidate, LZ901 and two antibody injection product candidates, including K3 and K193. LZ901 is our Core Product.

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