Tissue Regenix Group (LSE:TRX) PB Ratio : 1.83 (As of May. 22, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Tissue Regenix Group 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 (2024-05-22), Tissue Regenix Group's share price is £0.62. Tissue Regenix Group's Book Value per Share for the quarter that ended in Dec. 2023 was £0.34. Hence, Tissue Regenix Group's PB Ratio of today is 1.83.

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

LSE:TRX' s PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 2.34 Max: 11.79
Current: 1.83

During the past 13 years, Tissue Regenix Group's highest PB Ratio was 11.79. The lowest was 0.14. And the median was 2.34.

LSE:TRX's PB Ratio is ranked better than
63.79% of 1323 companies
in the Biotechnology industry
Industry Median: 2.53 vs LSE:TRX: 1.83

During the past 12 months, Tissue Regenix Group's average Book Value Per Share Growth Rate was -7.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -36.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -23.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tissue Regenix Group was 29.80% per year. The lowest was -50.70% per year. And the median was -8.10% per year.

Back to Basics: PB Ratio

Tissue Regenix Group PB Ratio Historical Data

The historical data trend for Tissue Regenix Group'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.

Tissue Regenix Group PB Ratio Chart

Tissue Regenix Group Annual Data

Trend

Jan14

Jan15

Jan16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.46

1.31

1.46

1.55

1.54

Tissue Regenix Group Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.46	1.22	1.55	1.48	1.54

Competitive Comparison of Tissue Regenix Group's PB Ratio

For the Biotechnology subindustry, Tissue Regenix Group'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.

Tissue Regenix Group's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Tissue Regenix Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tissue Regenix Group's PB Ratio falls into.

Tissue Regenix Group 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.

Tissue Regenix Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.62	/	0.338
	=	1.83

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.

Tissue Regenix Group (LSE:TRX) 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.

Tissue Regenix Group PB Ratio Related Terms

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

Tissue Regenix Group (LSE:TRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tissue Regenix Group PLC (LSE:TRX) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

LSW:Germany

Address

Lotherton Way, Unit 3, Phoenix Court, Garforth, GBR, LS25 2GY

Website

https://www.tissueregenix.com

Tissue Regenix Group PLC is a pioneering medical technology company engaged in the development of regenerative products. The company incorporates dCELL and BioRinse technology, which helps to address complex and varying clinical needs. Its product portfolio includes Biosurgery, Orthopaedics, and Dental. The company has operations around the world, with special emphasis in the United States.