GNGBY (Getinge AB) PB Ratio : 1.43 (As of Dec. 12, 2024)

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What is Getinge AB 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 (2024-12-12), Getinge AB's share price is $15.55. Getinge AB's Book Value per Share for the quarter that ended in Sep. 2024 was $10.85. Hence, Getinge AB's PB Ratio of today is 1.43.

Good Sign:

Getinge AB stock PB Ratio (=1.55) is close to 5-year low of 1.5

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

GNGBY' s PB Ratio Range Over the Past 10 Years
Min: 1.09 Med: 1.89 Max: 4.85
Current: 1.54

During the past 13 years, Getinge AB's highest PB Ratio was 4.85. The lowest was 1.09. And the median was 1.89.

GNGBY's PB Ratio is ranked better than
66.96% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 2.34 vs GNGBY: 1.54

During the past 12 months, Getinge AB's average Book Value Per Share Growth Rate was -4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Getinge AB was 24.30% per year. The lowest was -2.50% per year. And the median was 8.20% per year.

Back to Basics: PB Ratio

Getinge AB PB Ratio Historical Data

The historical data trend for Getinge AB'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.

Getinge AB PB Ratio Chart

Getinge AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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2.32

2.53

4.37

1.94

2.06

Getinge AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
PB Ratio	Get a 7-Day Free Trial															1.67	2.06	1.76	1.53	1.98

Competitive Comparison of Getinge AB's PB Ratio

For the Medical Devices subindustry, Getinge AB'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.

Getinge AB's PB Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Getinge AB's PB Ratio falls into.

Getinge AB 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.

Getinge AB's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2024)
	=	15.55	/	10.854
	=	1.43

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Getinge AB (OTCPK:GNGBY) 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.

Getinge AB PB Ratio Related Terms

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Getinge AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Getinge AB (OTCPK:GNGBY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

GNGBF:USA GETI B:Sweden GETIBs:UK 0GZV:UK GTN:Germany

Address

Lindholmspiren 7A, P.O. Box 8861, Gothenburg, SWE, SE-417 56

Website

https://www.getinge.com

Getinge, headquartered in Gothenburg, Sweden, manufactures a wide range of products for use in acute care, surgical, and life sciences in the hospital, pharmaceutical, and research settings. The company reports in three segments: acute care therapies (52% of revenue), surgical workflows (34%), and life sciences (14%). Product areas include ventilators, surgical stents, life support systems, sterilizers, surgical tables, and sterile transfer systems. Getinge derives revenue from a broad geographic footprint, with the Americas accounting for 45% of sales (U.S. 33% of sales), Asia-Pacific 25%, and Europe, Middle East, and Africa the remaining 30%.