Professional Medical Expertise Co (SAU:9574) Price-to-Tangible-Book : 4.30 (As of May. 27, 2024)

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What is Professional Medical Expertise Co Price-to-Tangible-Book?

As of today (2024-05-27), Professional Medical Expertise Co's share price is ﷼90.00. Professional Medical Expertise Co's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was ﷼20.91. Hence, Professional Medical Expertise Co's Price to Tangible Book Ratio of today is 4.30.

The historical rank and industry rank for Professional Medical Expertise Co's Price-to-Tangible-Book or its related term are showing as below:

SAU:9574' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.57 Med: 2.57 Max: 3.33
Current: 3.24

During the past 2 years, Professional Medical Expertise Co's highest Price to Tangible Book Ratio was 3.33. The lowest was 2.57. And the median was 2.57.

SAU:9574's Price-to-Tangible-Book is ranked worse than
55.33% of 703 companies
in the Medical Devices & Instruments industry
Industry Median: 2.72 vs SAU:9574: 3.24

A closely related ratio is called PB Ratio. As of today, Professional Medical Expertise Co's share price is ﷼90.00. Professional Medical Expertise Co's Book Value per Sharefor the quarter that ended in Dec. 2022 was ﷼20.91. Hence, Professional Medical Expertise Co's P/B Ratio of today is 4.30.

Professional Medical Expertise Co Price-to-Tangible-Book Historical Data

The historical data trend for Professional Medical Expertise 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.

Professional Medical Expertise Co Price-to-Tangible-Book Chart

Professional Medical Expertise Co Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

2.57

Professional Medical Expertise Co Quarterly Data
	Dec22	Dec23
Price-to-Tangible-Book	-	2.57

Competitive Comparison of Professional Medical Expertise Co's Price-to-Tangible-Book

For the Medical Devices subindustry, Professional Medical Expertise 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.

Professional Medical Expertise Co's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Professional Medical Expertise Co's Price-to-Tangible-Book falls into.

Professional Medical Expertise Co Price-to-Tangible-Book Calculation

Professional Medical Expertise Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2022 )
	=	90.00	/	20.911
	=	4.30

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.

Professional Medical Expertise Co Price-to-Tangible-Book Related Terms

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

Professional Medical Expertise Co (SAU:9574) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Professional Medical Expertise Co (SAU:9574) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434

Website

https://www.promedex.com

Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers.

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