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Tecan Group AG (LTS:0QLN) PB Ratio : 1.88 (As of Dec. 13, 2024)


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What is Tecan Group AG 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 (2024-12-13), Tecan Group AG's share price is CHF207.00. Tecan Group AG's Book Value per Share for the quarter that ended in Jun. 2024 was CHF109.97. Hence, Tecan Group AG's PB Ratio of today is 1.88.

Good Sign:

Tecan Group AG stock PB Ratio (=1.9) is close to 10-year low of 1.9

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

LTS:0QLN' s PB Ratio Range Over the Past 10 Years
Min: 1.9   Med: 4.2   Max: 9.63
Current: 1.94

During the past 13 years, Tecan Group AG's highest PB Ratio was 9.63. The lowest was 1.90. And the median was 4.20.

LTS:0QLN's PB Ratio is ranked better than
59.03% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 2.335 vs LTS:0QLN: 1.94

During the past 12 months, Tecan Group AG's average Book Value Per Share Growth Rate was 4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tecan Group AG was 30.40% per year. The lowest was -1.40% per year. And the median was 11.70% per year.

Back to Basics: PB Ratio


Tecan Group AG PB Ratio Historical Data

The historical data trend for Tecan Group AG'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.

Tecan Group AG PB Ratio Chart

Tecan Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 7.07 5.77 3.98 3.27

Tecan Group AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.68 3.98 3.27 3.27 2.74

Competitive Comparison of Tecan Group AG's PB Ratio

For the Medical Instruments & Supplies subindustry, Tecan Group AG'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.


Tecan Group AG's PB Ratio Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Tecan Group AG's PB Ratio falls into.



Tecan Group AG 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.

Tecan Group AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=207.00/109.966
=1.88

* 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.


Tecan Group AG  (LTS:0QLN) 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.


Tecan Group AG PB Ratio Related Terms

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


Tecan Group AG Business Description

Traded in Other Exchanges
Address
Seestrasse 103, Mannedorf, CHE, 8708
Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life sciences research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.

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