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Tianjin Tianyao Pharmaceutical Co (SHSE:600488) Price-to-Tangible-Book : 1.73 (As of May. 26, 2024)


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What is Tianjin Tianyao Pharmaceutical Co Price-to-Tangible-Book?

As of today (2024-05-26), Tianjin Tianyao Pharmaceutical Co's share price is ¥4.01. Tianjin Tianyao Pharmaceutical Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥2.32. Hence, Tianjin Tianyao Pharmaceutical Co's Price to Tangible Book Ratio of today is 1.73.

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

SHSE:600488' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.47   Med: 2   Max: 3.95
Current: 1.73

During the past 13 years, Tianjin Tianyao Pharmaceutical Co's highest Price to Tangible Book Ratio was 3.95. The lowest was 1.47. And the median was 2.00.

SHSE:600488's Price-to-Tangible-Book is ranked better than
64.39% of 865 companies
in the Drug Manufacturers industry
Industry Median: 2.32 vs SHSE:600488: 1.73

A closely related ratio is called PB Ratio. As of today, Tianjin Tianyao Pharmaceutical Co's share price is ¥4.01. Tianjin Tianyao Pharmaceutical Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥2.75. Hence, Tianjin Tianyao Pharmaceutical Co's P/B Ratio of today is 1.46.


Tianjin Tianyao Pharmaceutical Co Price-to-Tangible-Book Historical Data

The historical data trend for Tianjin Tianyao 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.

Tianjin Tianyao Pharmaceutical Co Price-to-Tangible-Book Chart

Tianjin Tianyao 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 1.62 1.98 1.91 1.90 2.16

Tianjin Tianyao 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 1.89 2.33 2.10 2.16 1.71

Competitive Comparison of Tianjin Tianyao Pharmaceutical Co's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Tianjin Tianyao 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.


Tianjin Tianyao Pharmaceutical Co's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

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



Tianjin Tianyao Pharmaceutical Co Price-to-Tangible-Book Calculation

Tianjin Tianyao 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 )
=4.01/2.323
=1.73

* 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.


Tianjin Tianyao Pharmaceutical Co Price-to-Tangible-Book Related Terms

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Tianjin Tianyao Pharmaceutical Co (SHSE:600488) Business Description

Traded in Other Exchanges
N/A
Address
No. 109 Bawei Road, Hedong District, Tianjin, Tianjin, CHN, 300171
Tianjin Tianyao Pharmaceutical Co Ltd is a China-based company engages in the development, manufacture, distribution, and export of pharmaceutical products. Its products include corticosteroids and cardiovascular medicine, dexamethasone, and cortisone acetate.
Executives
Wang Chun Li senior management
Wang Li Feng Directors, senior managers
Wang Shu Li senior management
Zheng Xiu Chun senior management
Liu Xin Directors, senior managers
Wu Sheng senior management
Di Luan Director

Tianjin Tianyao Pharmaceutical Co (SHSE:600488) Headlines

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