Jiangsu Hengrui Medicine (600276.SS)

P/B ratio as of November 2024 : 6.65

According to Jiangsu Hengrui Medicine 's latest financial reports the company has a price-to-book ratio of 11.5668.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Jiangsu Hengrui Medicine - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	7.00	10.68%
2022-12-31	6.33	-30.61%
2021-12-31	9.12	-52.76%
2020-12-31	19.3	24.36%
2019-12-31	15.5	59.24%
2018-12-31	9.75	-19.7%
2017-12-31	12.1	46.35%
2016-12-31	8.29	-10.6%
2015-12-31	9.28	34.21%
2014-12-31	6.91	-10.93%
2013-12-31	7.76	13.49%
2012-12-31	6.84	-9.17%
2011-12-31	7.53	-41.38%
2010-12-31	12.8	5.05%
2009-12-31	12.2	24.27%
2008-12-31	9.84	-33.32%
2007-12-31	14.8	74.66%
2006-12-31	8.45	148.87%
2005-12-31	3.40	6.54%
2004-12-31	3.19	34.53%
2003-12-31	2.37	-25.07%
2002-12-31	3.16

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Jiangsu Hengrui Medicine (600276.SS) - P/B ratio