Medeon Biodesign (ROCO:6499) Price-to-Tangible-Book : 2.34 (As of Jun. 21, 2024)

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What is Medeon Biodesign Price-to-Tangible-Book?

As of today (2024-06-21), Medeon Biodesign's share price is NT$49.90. Medeon Biodesign's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was NT$21.32. Hence, Medeon Biodesign's Price to Tangible Book Ratio of today is 2.34.

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

ROCO:6499' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.02 Med: 2.66 Max: 23.92
Current: 2.34

During the past 12 years, Medeon Biodesign's highest Price to Tangible Book Ratio was 23.92. The lowest was 1.02. And the median was 2.66.

ROCO:6499's Price-to-Tangible-Book is ranked better than
58.2% of 701 companies
in the Medical Devices & Instruments industry
Industry Median: 2.7 vs ROCO:6499: 2.34

A closely related ratio is called PB Ratio. As of today, Medeon Biodesign's share price is NT$49.90. Medeon Biodesign's Book Value per Sharefor the quarter that ended in Mar. 2024 was NT$23.16. Hence, Medeon Biodesign's P/B Ratio of today is 2.16.

Medeon Biodesign Price-to-Tangible-Book Historical Data

The historical data trend for Medeon Biodesign'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.

Medeon Biodesign Price-to-Tangible-Book Chart

Medeon Biodesign Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.38

2.38

1.99

1.63

1.49

Medeon Biodesign Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.49	1.65	2.02	2.02	2.03

Competitive Comparison of Medeon Biodesign's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Medeon Biodesign'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.

Medeon Biodesign's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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

Medeon Biodesign Price-to-Tangible-Book Calculation

Medeon Biodesign's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	49.90	/	21.319
	=	2.34

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.

Medeon Biodesign Price-to-Tangible-Book Related Terms

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

Medeon Biodesign (ROCO:6499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medeon Biodesign Inc (ROCO:6499) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 116, HouGang Street, 7th Floor, Shilin District, Taipei, TWN, 11170

Website

http://www.medeonbio.com

Medeon Biodesign Inc develops medical device products. The main services of the Group are the research and development of medical devices, manufacturing, and sale of injection molding and components of medical devices. The company provides products in the fields of cardiovascular and laparoscopic. Its business includes Medical Device Development Department and Medical Device Components Manufacturing and Sales Department. The majority of the company revenue comes from Medical Device Components Manufacturing and Sales Department segment. The company revenue is mainly derived from the USA.

Medeon Biodesign (ROCO:6499) Headlines

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