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Zhejiang Jiuzhou Pharmaceutical Co (SHSE:603456) Price-to-Tangible-Book : 1.82 (As of May. 04, 2024)


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What is Zhejiang Jiuzhou Pharmaceutical Co Price-to-Tangible-Book?

As of today (2024-05-04), Zhejiang Jiuzhou Pharmaceutical Co's share price is ¥16.12. Zhejiang Jiuzhou Pharmaceutical Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥8.88. Hence, Zhejiang Jiuzhou Pharmaceutical Co's Price to Tangible Book Ratio of today is 1.82.

The historical rank and industry rank for Zhejiang Jiuzhou Pharmaceutical Co's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603456' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.82   Med: 4.47   Max: 11.7
Current: 1.82

During the past 13 years, Zhejiang Jiuzhou Pharmaceutical Co's highest Price to Tangible Book Ratio was 11.70. The lowest was 1.82. And the median was 4.47.

SHSE:603456's Price-to-Tangible-Book is ranked better than
62.43% of 873 companies
in the Drug Manufacturers industry
Industry Median: 2.34 vs SHSE:603456: 1.82

A closely related ratio is called PB Ratio. As of today, Zhejiang Jiuzhou Pharmaceutical Co's share price is ¥16.12. Zhejiang Jiuzhou Pharmaceutical Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥9.63. Hence, Zhejiang Jiuzhou Pharmaceutical Co's P/B Ratio of today is 1.67.


Zhejiang Jiuzhou Pharmaceutical Co Price-to-Tangible-Book Historical Data

The historical data trend for Zhejiang Jiuzhou Pharmaceutical 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.

Zhejiang Jiuzhou Pharmaceutical Co Price-to-Tangible-Book Chart

Zhejiang Jiuzhou Pharmaceutical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.49 10.40 11.48 7.58 2.80

Zhejiang Jiuzhou Pharmaceutical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.07 3.35 3.37 2.80 2.01

Competitive Comparison of Zhejiang Jiuzhou Pharmaceutical Co's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Zhejiang Jiuzhou Pharmaceutical 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.


Zhejiang Jiuzhou Pharmaceutical Co's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zhejiang Jiuzhou Pharmaceutical Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Zhejiang Jiuzhou Pharmaceutical Co's Price-to-Tangible-Book falls into.



Zhejiang Jiuzhou Pharmaceutical Co Price-to-Tangible-Book Calculation

Zhejiang Jiuzhou Pharmaceutical Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=16.12/8.878
=1.82

* 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.


Zhejiang Jiuzhou Pharmaceutical Co Price-to-Tangible-Book Related Terms

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Zhejiang Jiuzhou Pharmaceutical Co (SHSE:603456) Business Description

Traded in Other Exchanges
N/A
Address
99 Waisha Road, Jiaojiang District, Taizhou, Zhejiang, CHN, 318000
Zhejiang Jiuzhou Pharmaceutical Co Ltd is a China-based pharmaceutical manufacturer. The company is primarily engaged in the manufacturing, research, development, and sale of active pharmaceutical ingredients, intermediates, asymmetric catalyst, and lithium battery materials. Its active pharmaceutical ingredient offerings include Carbamazepine, Duloxetine, Bezafibrate, Meropenem, Sulphadimethoxine Sodium, Oxcarbazepine, Amprolium, among others. The firm also provides services of new drug contract development and manufacturing organization to the international pharmaceutical giant.

Zhejiang Jiuzhou Pharmaceutical Co (SHSE:603456) Headlines

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