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WOK (WORK Medical Technology Group) Price-to-Tangible-Book : 0.54 (As of May. 06, 2025)


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

As of today (2025-05-06), WORK Medical Technology Group's share price is $0.453251. WORK Medical Technology Group's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $0.83. Hence, WORK Medical Technology Group's Price to Tangible Book Ratio of today is 0.54.

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

WOK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.5   Med: 6.18   Max: 6.18
Current: 0.55

During the past 5 years, WORK Medical Technology Group's highest Price to Tangible Book Ratio was 6.18. The lowest was 0.50. And the median was 6.18.

WOK's Price-to-Tangible-Book is ranked better than
95.4% of 695 companies
in the Medical Devices & Instruments industry
Industry Median: 2.6 vs WOK: 0.55

A closely related ratio is called PB Ratio. As of today, WORK Medical Technology Group's share price is $0.453251. WORK Medical Technology Group's Book Value per Sharefor the quarter that ended in Sep. 2024 was $0.90. Hence, WORK Medical Technology Group's P/B Ratio of today is 0.50.

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

The historical data trend for WORK 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.

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

WORK Medical Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Price-to-Tangible-Book
- - - - 6.18

WORK Medical Technology Group Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - 6.18

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

For the Medical Devices subindustry, WORK 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.

WORK Medical Technology Group's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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


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

WORK 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: Sep. 2024 )
=0.453251/0.832
=0.54

* 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:

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.

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

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

WORK Medical Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » WORK Medical Technology Group Ltd (NAS:WOK) » Definitions » Price-to-Tangible-Book
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Traded in Other Exchanges
N/A
Address
Floor 23, No. 2 Tonghuinan Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
Website
https://www.workmedtech.com
WORK Medical Technology Group Ltd is engaged in manufacturing and selling medical consumables through its wholly owned subsidiaries in the People's Republic of China. The Company's main products include medical face masks, tourniquets, airways, breathing circuits, intubation accessories, anesthesia kits, oxygen masks, suction sets, laryngoscope blades, KN95 masks, and other disposable medical devices, as well as medical equipment.