GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Vectus Biosystems Ltd (ASX:VBS) » Definitions » PB Ratio

Vectus Biosystems (ASX:VBS) PB Ratio : 2.89 (As of May. 24, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Vectus Biosystems PB Ratio?

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 (2024-05-24), Vectus Biosystems's share price is A$0.13. Vectus Biosystems's Book Value per Share for the quarter that ended in Dec. 2023 was A$0.05. Hence, Vectus Biosystems's PB Ratio of today is 2.89.

The historical rank and industry rank for Vectus Biosystems's PB Ratio or its related term are showing as below:

ASX:VBS' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 284.01
Current: 2.88

During the past 8 years, Vectus Biosystems's highest PB Ratio was 284.01. The lowest was 0.00. And the median was 0.00.

ASX:VBS's PB Ratio is ranked worse than
55.18% of 1314 companies
in the Biotechnology industry
Industry Median: 2.51 vs ASX:VBS: 2.88

During the past 12 months, Vectus Biosystems's average Book Value Per Share Growth Rate was -50.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Vectus Biosystems was 15.40% per year. The lowest was 2.50% per year. And the median was 8.95% per year.

Back to Basics: PB Ratio


Vectus Biosystems PB Ratio Historical Data

The historical data trend for Vectus Biosystems'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.

* Premium members only.

Vectus Biosystems PB Ratio Chart

Vectus Biosystems Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial - - - - 6.67

Vectus Biosystems Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio 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 - - 8.02 6.67 6.67

Competitive Comparison of Vectus Biosystems's PB Ratio

For the Biotechnology subindustry, Vectus Biosystems'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.


Vectus Biosystems's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vectus Biosystems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vectus Biosystems's PB Ratio falls into.



Vectus Biosystems 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.

Vectus Biosystems's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.13/0.045
=2.89

* 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.


Vectus Biosystems  (ASX:VBS) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Vectus Biosystems PB Ratio Related Terms

Thank you for viewing the detailed overview of Vectus Biosystems's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Vectus Biosystems (ASX:VBS) Business Description

Traded in Other Exchanges
N/A
Address
3-11 Primrose Avenue, Rosebery, Sydney, NSW, AUS, 2018
Vectus Biosystems Ltd is an emerging biotechnology company based in Sydney, Australia. The company is in the process of developing a treatment for fibrosis and high blood pressure, which includes heart, kidney, and liver diseases. The company has also developed a technology aimed at improving the speed and accuracy of measuring the amount of DNA and RNA in samples tested in laboratories.

Vectus Biosystems (ASX:VBS) Headlines

No Headlines