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IPA (ImmunoPrecise Antibodies) PB Ratio : 0.49 (As of Mar. 17, 2025)


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What is ImmunoPrecise Antibodies 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 (2025-03-17), ImmunoPrecise Antibodies's share price is $0.3849. ImmunoPrecise Antibodies's Book Value per Share for the quarter that ended in Oct. 2024 was $0.78. Hence, ImmunoPrecise Antibodies's PB Ratio of today is 0.49.

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

IPA' s PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 2.67   Max: 21.75
Current: 0.49

During the past 13 years, ImmunoPrecise Antibodies's highest PB Ratio was 21.75. The lowest was 0.44. And the median was 2.67.

IPA's PB Ratio is ranked better than
90.93% of 1279 companies
in the Biotechnology industry
Industry Median: 2.35 vs IPA: 0.49

During the past 12 months, ImmunoPrecise Antibodies's average Book Value Per Share Growth Rate was -48.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -27.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of ImmunoPrecise Antibodies was 64.80% per year. The lowest was -71.40% per year. And the median was 7.10% per year.

Back to Basics: PB Ratio


ImmunoPrecise Antibodies PB Ratio Historical Data

The historical data trend for ImmunoPrecise Antibodies'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.

ImmunoPrecise Antibodies PB Ratio Chart

ImmunoPrecise Antibodies Annual Data
Trend Dec14 Dec15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 4.11 2.28 1.50 1.39

ImmunoPrecise Antibodies Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 Premium Member Only Premium Member Only Premium Member Only 1.52 1.28 1.39 0.90 0.61

Competitive Comparison of ImmunoPrecise Antibodies's PB Ratio

For the Biotechnology subindustry, ImmunoPrecise Antibodies'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.


ImmunoPrecise Antibodies's PB Ratio Distribution in the Biotechnology Industry

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

* The bar in red indicates where ImmunoPrecise Antibodies's PB Ratio falls into.



ImmunoPrecise Antibodies 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.

ImmunoPrecise Antibodies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2024)
=0.3849/0.784
=0.49

* 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.


ImmunoPrecise Antibodies  (NAS:IPA) 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.


ImmunoPrecise Antibodies PB Ratio Related Terms

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


ImmunoPrecise Antibodies Business Description

Traded in Other Exchanges
Address
3204 - 4464 Markham Street, Victoria, BC, CAN, V8Z 7X8
ImmunoPrecise Antibodies Ltd is a biotechnology company that leverages multi-omics modeling and complex artificial intelligence through a series proprietary and patented technologies. The company owns an integrated end-to-end suite of capabilities to support the development of therapeutic antibodies and are known for solving very complex industry challenges.