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Diaceutics (LSE:DXRX) PB Ratio : 2.48 (As of Jun. 25, 2024)


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What is Diaceutics 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 (2024-06-25), Diaceutics's share price is £1.20. Diaceutics's Book Value per Share for the quarter that ended in Dec. 2023 was £0.48. Hence, Diaceutics's PB Ratio of today is 2.48.

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

LSE:DXRX' s PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 2.33   Max: 27.24
Current: 2.48

During the past 8 years, Diaceutics's highest PB Ratio was 27.24. The lowest was 1.53. And the median was 2.33.

LSE:DXRX's PB Ratio is ranked worse than
58.33% of 204 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.985 vs LSE:DXRX: 2.48

During the past 12 months, Diaceutics's average Book Value Per Share Growth Rate was -4.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 50.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Diaceutics was 168.10% per year. The lowest was 0.30% per year. And the median was 133.50% per year.

Back to Basics: PB Ratio


Diaceutics PB Ratio Historical Data

The historical data trend for Diaceutics'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.

Diaceutics PB Ratio Chart

Diaceutics Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 3.53 2.79 2.11 1.50 1.80

Diaceutics Semi-Annual Data
Dec16 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 2.11 1.88 1.50 1.75 1.80

Competitive Comparison of Diaceutics's PB Ratio

For the Diagnostics & Research subindustry, Diaceutics'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.


Diaceutics's PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Diaceutics's PB Ratio distribution charts can be found below:

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



Diaceutics 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.

Diaceutics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.20/0.484
=2.48

* 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.


Diaceutics  (LSE:DXRX) 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.


Diaceutics PB Ratio Related Terms

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


Diaceutics (LSE:DXRX) Business Description

Traded in Other Exchanges
Address
Kings Hall Health and Wellbeing Park, Dataworks, First Floor, Building Two, Antrim, Belfast, GBR, BT9 6GW
Diaceutics PLC is a data analytics and implementation services company that services the pharmaceutical industry. It provides the pharma and biotech companies with an end-to-end commercialization solution for the launch of precision medicine, enabled by DXRX The Diagnostic Network. DXRX is the diagnostic commercialization platform designed specifically for precision medicine, integrating multiple pipelines of real-world, real-time diagnostic testing data from a network of labs. These solutions are helping the pharma companies commercialize their precision medicines, enhance their return on investment and ultimately improve patients' lives.

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