Mindray (300760.SZ)

P/B ratio as of December 2024 : 7.11

According to Mindray's latest financial reports the company has a price-to-book ratio of 8.213.
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.

Mindray - P/B ratio (from 2018 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	6.94	-34.05%
2023-12-31	10.5	-11.11%
2022-12-31	11.8	-31.03%
2021-12-31	17.2	-22.8%
2020-12-31	22.2	87.11%
2019-12-31	11.9	35.76%
2018-12-31	8.75
2017-12-31	N/A

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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Mindray (300760.SZ) - P/B ratio