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Shanghai MicroPort EP Medtech Co (SHSE:688351) Price-to-Tangible-Book : 7.14 (As of May. 27, 2024)


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What is Shanghai MicroPort EP Medtech Co Price-to-Tangible-Book?

As of today (2024-05-27), Shanghai MicroPort EP Medtech Co's share price is ¥24.05. Shanghai MicroPort EP Medtech Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥3.37. Hence, Shanghai MicroPort EP Medtech Co's Price to Tangible Book Ratio of today is 7.14.

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

SHSE:688351' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4   Med: 6.66   Max: 7.84
Current: 7.14

During the past 6 years, Shanghai MicroPort EP Medtech Co's highest Price to Tangible Book Ratio was 7.84. The lowest was 4.00. And the median was 6.66.

SHSE:688351's Price-to-Tangible-Book is ranked worse than
79.8% of 703 companies
in the Medical Devices & Instruments industry
Industry Median: 2.72 vs SHSE:688351: 7.14

A closely related ratio is called PB Ratio. As of today, Shanghai MicroPort EP Medtech Co's share price is ¥24.05. Shanghai MicroPort EP Medtech Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥3.59. Hence, Shanghai MicroPort EP Medtech Co's P/B Ratio of today is 6.69.


Shanghai MicroPort EP Medtech Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai MicroPort EP Medtech 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.

Shanghai MicroPort EP Medtech Co Price-to-Tangible-Book Chart

Shanghai MicroPort EP Medtech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - 7.84 7.64

Shanghai MicroPort EP Medtech Co Quarterly Data
Dec18 Dec19 Dec20 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 6.66 5.78 6.49 7.64 7.72

Competitive Comparison of Shanghai MicroPort EP Medtech Co's Price-to-Tangible-Book

For the Medical Devices subindustry, Shanghai MicroPort EP Medtech 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.


Shanghai MicroPort EP Medtech Co's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Shanghai MicroPort EP Medtech Co's Price-to-Tangible-Book falls into.



Shanghai MicroPort EP Medtech Co Price-to-Tangible-Book Calculation

Shanghai MicroPort EP Medtech 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 )
=24.05/3.368
=7.14

* 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.


Shanghai MicroPort EP Medtech Co Price-to-Tangible-Book Related Terms

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Shanghai MicroPort EP Medtech Co (SHSE:688351) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-28, Lane 588, Tianxiong Road, Building 28, Zhoupu Town, Pudong New Area, Shanghai, CHN, 201318
Shanghai MicroPort EP Medtech Co Ltd is engaged in the research and development, production and sales of various medical devices and equipment related to cardiac electrophysiology interventional diagnosis and treatment.

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