As of June 2021, Xiangxue Pharmaceutical was the most overvalued TCM raw material company in China in terms of price-to-earning ratio, which amounted to around 121.73. Meanwhile, Yunnan Baiyao Group was the most valuable company among all listed enterprises in the same sector, with a market cap of around 137 billion yuan.
Overvalued enterprises in traditional Chinese medicinal material sector in China based on price-to-earning ratio as of June 21, 2021
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Sina.com.cn. (June 21, 2021). Overvalued enterprises in traditional Chinese medicinal material sector in China based on price-to-earning ratio as of June 21, 2021 [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/1243660/china-leading-tcm-raw-material-companies-by-pe-ratio/
Sina.com.cn. "Overvalued enterprises in traditional Chinese medicinal material sector in China based on price-to-earning ratio as of June 21, 2021." Chart. June 21, 2021. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/1243660/china-leading-tcm-raw-material-companies-by-pe-ratio/
Sina.com.cn. (2021). Overvalued enterprises in traditional Chinese medicinal material sector in China based on price-to-earning ratio as of June 21, 2021. Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/1243660/china-leading-tcm-raw-material-companies-by-pe-ratio/
Sina.com.cn. "Overvalued Enterprises in Traditional Chinese Medicinal Material Sector in China Based on Price-to-earning Ratio as of June 21, 2021." Statista, Statista Inc., 21 Jun 2021, https://www.statista.com/statistics/1243660/china-leading-tcm-raw-material-companies-by-pe-ratio/
Sina.com.cn, Overvalued enterprises in traditional Chinese medicinal material sector in China based on price-to-earning ratio as of June 21, 2021 Statista, https://www.statista.com/statistics/1243660/china-leading-tcm-raw-material-companies-by-pe-ratio/ (last visited September 19, 2024)
Overvalued enterprises in traditional Chinese medicinal material sector in China based on price-to-earning ratio as of June 21, 2021 [Graph], Sina.com.cn, June 21, 2021. [Online]. Available: https://www.statista.com/statistics/1243660/china-leading-tcm-raw-material-companies-by-pe-ratio/