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Shanghai Labway Clinical Laboratory Co (SZSE:301060) Price-to-Tangible-Book : 2.09 (As of Jun. 09, 2024)


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What is Shanghai Labway Clinical Laboratory Co Price-to-Tangible-Book?

As of today (2024-06-09), Shanghai Labway Clinical Laboratory Co's share price is ¥9.05. Shanghai Labway Clinical Laboratory Co's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ¥4.33. Hence, Shanghai Labway Clinical Laboratory Co's Price to Tangible Book Ratio of today is 2.09.

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

SZSE:301060' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.01   Med: 4.21   Max: 10.32
Current: 2.09

During the past 9 years, Shanghai Labway Clinical Laboratory Co's highest Price to Tangible Book Ratio was 10.32. The lowest was 2.01. And the median was 4.21.

SZSE:301060's Price-to-Tangible-Book is ranked better than
57.93% of 164 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.495 vs SZSE:301060: 2.09

A closely related ratio is called PB Ratio. As of today, Shanghai Labway Clinical Laboratory Co's share price is ¥9.05. Shanghai Labway Clinical Laboratory Co's Book Value per Sharefor the quarter that ended in Mar. 2024 was ¥4.44. Hence, Shanghai Labway Clinical Laboratory Co's P/B Ratio of today is 2.04.


Shanghai Labway Clinical Laboratory Co Price-to-Tangible-Book Historical Data

The historical data trend for Shanghai Labway Clinical Laboratory 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 Labway Clinical Laboratory Co Price-to-Tangible-Book Chart

Shanghai Labway Clinical Laboratory Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - - 9.15 3.86 3.06

Shanghai Labway Clinical Laboratory Co Quarterly Data
Dec18 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 4.52 3.65 3.04 3.06 2.76

Competitive Comparison of Shanghai Labway Clinical Laboratory Co's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, Shanghai Labway Clinical Laboratory 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 Labway Clinical Laboratory Co's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Shanghai Labway Clinical Laboratory Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shanghai Labway Clinical Laboratory Co's Price-to-Tangible-Book falls into.



Shanghai Labway Clinical Laboratory Co Price-to-Tangible-Book Calculation

Shanghai Labway Clinical Laboratory 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 )
=9.05/4.333
=2.09

* 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 Labway Clinical Laboratory Co Price-to-Tangible-Book Related Terms

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Shanghai Labway Clinical Laboratory Co (SZSE:301060) Business Description

Traded in Other Exchanges
N/A
Address
Lane 268, Linxin Road, Floor 6, 7, 8, 9 of Building 1, Changning District, Shanghai, CHN, 200335
Labway Clinical Laboratory (Shanghai) Ltd provides comprehensive health management solutions relying on medical laboratory and pathological diagnosis services. It offers genetic testing, clinical microbiology testing, blood and pathology testing, cytopathological diagnosis and other services.
Executives
Sun Lin Jie Director

Shanghai Labway Clinical Laboratory Co (SZSE:301060) Headlines

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