BLIS Technologies (NZSE:BLT) PB Ratio : 2.00 (As of May. 23, 2024)

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What is BLIS Technologies 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 (2024-05-23), BLIS Technologies's share price is NZ$0.016. BLIS Technologies's Book Value per Share for the quarter that ended in Sep. 2023 was NZ$0.01. Hence, BLIS Technologies's PB Ratio of today is 2.00.

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

NZSE:BLT' s PB Ratio Range Over the Past 10 Years
Min: 1.67 Med: 6.67 Max: 23.33
Current: 2

During the past 13 years, BLIS Technologies's highest PB Ratio was 23.33. The lowest was 1.67. And the median was 6.67.

NZSE:BLT's PB Ratio is ranked better than
58.42% of 1313 companies
in the Biotechnology industry
Industry Median: 2.54 vs NZSE:BLT: 2.00

During the past 3 years, the average Book Value Per Share Growth Rate was 21.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 29.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BLIS Technologies was 49.40% per year. The lowest was -44.20% per year. And the median was -9.10% per year.

Back to Basics: PB Ratio

BLIS Technologies PB Ratio Historical Data

The historical data trend for BLIS Technologies'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.

BLIS Technologies PB Ratio Chart

BLIS Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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6.67

12.00

13.20

4.10

3.22

BLIS Technologies Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial															6.50	4.10	4.00	3.22	2.88

Competitive Comparison of BLIS Technologies's PB Ratio

For the Biotechnology subindustry, BLIS Technologies'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.

BLIS Technologies's PB Ratio Distribution in the Biotechnology Industry

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

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

BLIS Technologies 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.

BLIS Technologies's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	0.016	/	0.008
	=	2.00

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.

BLIS Technologies (NZSE:BLT) 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.

BLIS Technologies PB Ratio Related Terms

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BLIS Technologies (NZSE:BLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BLIS Technologies Ltd (NZSE:BLT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

442 Moray Place, Ground Floor, Dunedin, OTA, NZL, 9016

Website

https://www.blis.co.nz

BLIS Technologies Ltd is engaged in developing oral probiotics. The company markets two strains of probiotic bacteria BLIS K12, BLIS Q24, and BLIS M18 both of which occur naturally in the oral cavity. Its product portfolio consists of probiotic serum, Teeth and gums lozenge, fresh breath lozenge, and immune lozenge. Geographically, the company derives a majority of its revenue from EMEA (Europe, the Middle East, and Africa).