The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-25), GlucoTrack's share price is $2.03. GlucoTrack's Book Value per Share for the quarter that ended in Mar. 2024 was $0.07. Hence, GlucoTrack's PB Ratio of today is 29.00.
The historical rank and industry rank for GlucoTrack's PB Ratio or its related term are showing as below:
GCTK'
s PB Ratio Range Over the Past 10 Years
Min: 0.24 Med: 4.81 Max: 4875
Current: 29
During the past 13 years, GlucoTrack's highest PB Ratio was 4875.00. The lowest was 0.24. And the median was 4.81.
GCTK's PB Ratio is ranked worse than 98.86% of 790
companies
in the Medical Devices & Instruments industry
Industry Median: 2.23
vs GCTK: 29.00
During the past 12 months, GlucoTrack's average Book Value Per Share Growth Rate was 1650.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -35.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of GlucoTrack was 83.20% per year. The lowest was -136.90% per year. And the median was -15.70% per year.
Back to Basics: PB Ratio
GlucoTrack PB Ratio Historical Data
The historical data trend for GlucoTrack's PB Ratio 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.
For the Medical Instruments & Supplies subindustry, GlucoTrack's PB Ratio, along with its competitors' market caps and PB Ratio 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.
GlucoTrack's PB Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, GlucoTrack's PB Ratio distribution charts can be found below:
* The bar in red indicates where GlucoTrack's PB Ratio falls into.
GlucoTrack PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
GlucoTrack's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
GlucoTrack PB Ratio Related Terms
Thank you for viewing the detailed overview of GlucoTrack's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
GlucoTrack Inc is a medical device company. It focuses on the design, development, and commercialization of non-invasive glucose monitoring devices for use by people with diabetes and pre-diabetics. The company has developed a non-invasive glucose monitor, the GlucoTrack model DF-F glucose monitoring device, which is designed to help people with diabetes and pre-diabetics obtain glucose level readings without the pain, inconvenience, and difficulty of conventional spot finger stick devices. It also focuses on developing a wireless module for transmission of measurement data captured by the GlucoTrack model DF-F to a cloud-based server.
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