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Paragon 28 (FRA:7GQ) PB Ratio : 3.78 (As of May. 25, 2024)


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What is Paragon 28 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 (2024-05-25), Paragon 28's share price is €6.90. Paragon 28's Book Value per Share for the quarter that ended in Mar. 2024 was €1.82. Hence, Paragon 28's PB Ratio of today is 3.78.

Good Sign:

Paragon 28 Inc stock PB Ratio (=3.87) is close to 3-year low of 3.52

The historical rank and industry rank for Paragon 28's PB Ratio or its related term are showing as below:

FRA:7GQ' s PB Ratio Range Over the Past 10 Years
Min: 3.52   Med: 7.16   Max: 73.69
Current: 3.87

During the past 5 years, Paragon 28's highest PB Ratio was 73.69. The lowest was 3.52. And the median was 7.16.

FRA:7GQ's PB Ratio is ranked worse than
73.67% of 790 companies
in the Medical Devices & Instruments industry
Industry Median: 2.22 vs FRA:7GQ: 3.87

During the past 12 months, Paragon 28's average Book Value Per Share Growth Rate was -20.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 68.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Paragon 28 was 74.30% per year. The lowest was 68.10% per year. And the median was 71.20% per year.

Back to Basics: PB Ratio


Paragon 28 PB Ratio Historical Data

The historical data trend for Paragon 28'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.

Paragon 28 PB Ratio Chart

Paragon 28 Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - 10.58 5.69

Paragon 28 Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 6.53 7.23 5.23 5.69 6.25

Competitive Comparison of Paragon 28's PB Ratio

For the Medical Devices subindustry, Paragon 28'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.


Paragon 28's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Paragon 28's PB Ratio distribution charts can be found below:

* The bar in red indicates where Paragon 28's PB Ratio falls into.



Paragon 28 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.

Paragon 28's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=6.90/1.824
=3.78

* 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.


Paragon 28  (FRA:7GQ) 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.


Paragon 28 PB Ratio Related Terms

Thank you for viewing the detailed overview of Paragon 28's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Paragon 28 (FRA:7GQ) Business Description

Traded in Other Exchanges
Address
14445 Grasslands Drive, Englewood, CO, USA, 80112
Paragon 28 Inc is a medical devices company that develops, distributes, and sells medical devices in the foot and ankle segment of the orthopedic implant marketplace. Its products include plates and plating systems, screws, staples, and nails aimed to address all major foot and ankle procedures including ankle, charcot, fracture fixation, hallux valgus, hammertoe, and flatfoot.

Paragon 28 (FRA:7GQ) Headlines

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