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Remed Co (XKRX:302550) Price-to-Tangible-Book : 2.73 (As of Jun. 01, 2025)


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What is Remed Co Price-to-Tangible-Book?

As of today (2025-06-01), Remed Co's share price is ₩3485.00. Remed Co's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was ₩1,277.18. Hence, Remed Co's Price to Tangible Book Ratio of today is 2.73.

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

XKRX:302550' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.34   Med: 3.48   Max: 8.06
Current: 2.73

During the past 8 years, Remed Co's highest Price to Tangible Book Ratio was 8.06. The lowest was 2.34. And the median was 3.48.

XKRX:302550's Price-to-Tangible-Book is ranked worse than
50.64% of 705 companies
in the Medical Devices & Instruments industry
Industry Median: 2.69 vs XKRX:302550: 2.73

A closely related ratio is called PB Ratio. As of today, Remed Co's share price is ₩3485.00. Remed Co's Book Value per Sharefor the quarter that ended in Mar. 2025 was ₩1,329.74. Hence, Remed Co's P/B Ratio of today is 2.62.


Remed Co Price-to-Tangible-Book Historical Data

The historical data trend for Remed 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.

Remed Co Price-to-Tangible-Book Chart

Remed Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Price-to-Tangible-Book
Get a 7-Day Free Trial 8.06 6.32 2.55 3.26 2.86

Remed Co 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 2.78 2.62 2.54 2.86 2.44

Competitive Comparison of Remed Co's Price-to-Tangible-Book

For the Medical Devices subindustry, Remed 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.


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

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

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


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Remed Co Price-to-Tangible-Book Calculation

Remed Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2025 )
=3485.00/1277.179
=2.73

* 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.


Remed Co Price-to-Tangible-Book Related Terms

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


Remed Co Business Description

Traded in Other Exchanges
N/A
Address
187 Techno 2-ro, No 301-303, Gwanpyeong-dong, Yuseong-gu, Daejeon, KOR, 34025
Remed Co Ltd is a Korean medical equipment manufacturing company. The company is engaged in researching and developing products to treat brain disorders such as depression, anxiety, stroke and Parkin's. It has developed TMS device and is manufacturing pain therapy devices using advanced electromagnetic stimulation, shockwave (RSWT) and laser technologies. Its products offerings include Transcranial Magnetic simulator for brain, Electromagnetic simulators including Salus Talent, Salus Talent A, Salus Talent Pro, and Optimus Pro for pain therapy; and Rosetta, Salus RSWT and Optimus Pro as a part of Extracorporeal Shockwave Therapy. It also offers Electrosurgical units from REMED including ELPIS 4L, ELPIS 4, ELPIS 3, and ELPIS2.

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