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Thalys Medical Technology Group (SHSE:603716) Price-to-Tangible-Book : 2.84 (As of May. 30, 2025)


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What is Thalys Medical Technology Group Price-to-Tangible-Book?

As of today (2025-05-30), Thalys Medical Technology Group's share price is ¥12.54. Thalys Medical Technology Group's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ¥4.42. Hence, Thalys Medical Technology Group's Price to Tangible Book Ratio of today is 2.84.

The historical rank and industry rank for Thalys Medical Technology Group's Price-to-Tangible-Book or its related term are showing as below:

SHSE:603716' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.17   Med: 2.25   Max: 7.68
Current: 2.84

During the past 13 years, Thalys Medical Technology Group's highest Price to Tangible Book Ratio was 7.68. The lowest was 1.17. And the median was 2.25.

SHSE:603716's Price-to-Tangible-Book is ranked worse than
51.48% of 169 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.69 vs SHSE:603716: 2.84

A closely related ratio is called PB Ratio. As of today, Thalys Medical Technology Group's share price is ¥12.54. Thalys Medical Technology Group's Book Value per Sharefor the quarter that ended in Mar. 2025 was ¥4.82. Hence, Thalys Medical Technology Group's P/B Ratio of today is 2.60.


Thalys Medical Technology Group Price-to-Tangible-Book Historical Data

The historical data trend for Thalys Medical Technology Group'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.

Thalys Medical Technology Group Price-to-Tangible-Book Chart

Thalys Medical Technology Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.14 1.83 2.11 1.61

Thalys Medical Technology Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.55 1.17 1.49 1.61 2.34

Competitive Comparison of Thalys Medical Technology Group's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, Thalys Medical Technology Group'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.


Thalys Medical Technology Group's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thalys Medical Technology Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Thalys Medical Technology Group's Price-to-Tangible-Book falls into.


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Thalys Medical Technology Group Price-to-Tangible-Book Calculation

Thalys Medical Technology Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=12.54/4.423
=2.84

* 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.


Thalys Medical Technology Group Price-to-Tangible-Book Related Terms

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


Thalys Medical Technology Group Business Description

Traded in Other Exchanges
N/A
Address
1310 Jinshan Avenue, Dongxihu District, Hubei Province, Wuhan, CHN, 430040
Thalys Medical Technology Group Corp is engaged in intensive sales business, pure sales, and research and development, production and sales of independent in vitro diagnostic products.
Executives
Wang Jun Ming senior management
Wang Zheng senior management
Wang Wen Bin senior management
Liu Wen Hao Director
Huang Yong Xi senior management
Lei Xian Kun Director
Fan Li Director
Liu Yuan senior management
Wan Li Bo senior management
Wen Wei Director
Chou Jian senior management
Song Yu Director

Thalys Medical Technology Group Headlines

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