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ViroGates A/S (OCSE:VIRO) PB Ratio : 3.29 (As of May. 11, 2024)


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What is ViroGates A/S 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 (2024-05-11), ViroGates A/S's share price is kr6.84. ViroGates A/S's Book Value per Share for the quarter that ended in Mar. 2024 was kr2.08. Hence, ViroGates A/S's PB Ratio of today is 3.29.

The historical rank and industry rank for ViroGates A/S's PB Ratio or its related term are showing as below:

OCSE:VIRO' s PB Ratio Range Over the Past 10 Years
Min: 2   Med: 5.64   Max: 389.97
Current: 3.29

During the past 8 years, ViroGates A/S's highest PB Ratio was 389.97. The lowest was 2.00. And the median was 5.64.

OCSE:VIRO's PB Ratio is ranked worse than
65.91% of 792 companies
in the Medical Devices & Instruments industry
Industry Median: 2.235 vs OCSE:VIRO: 3.29

During the past 12 months, ViroGates A/S's average Book Value Per Share Growth Rate was -31.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -30.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -30.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of ViroGates A/S was 116.50% per year. The lowest was -36.40% per year. And the median was -29.90% per year.

Back to Basics: PB Ratio


ViroGates A/S PB Ratio Historical Data

The historical data trend for ViroGates A/S'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.

ViroGates A/S PB Ratio Chart

ViroGates A/S Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 2.46 8.13 27.77 8.35 2.28

ViroGates A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.97 7.27 9.62 2.28 3.12

Competitive Comparison of ViroGates A/S's PB Ratio

For the Medical Devices subindustry, ViroGates A/S'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.


ViroGates A/S's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ViroGates A/S's PB Ratio distribution charts can be found below:

* The bar in red indicates where ViroGates A/S's PB Ratio falls into.



ViroGates A/S 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.

ViroGates A/S's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=6.84/2.081
=3.29

* 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.


ViroGates A/S  (OCSE:VIRO) 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.


ViroGates A/S PB Ratio Related Terms

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ViroGates A/S (OCSE:VIRO) Business Description

Traded in Other Exchanges
N/A
Address
Banevaenget 13, Birkerod, DNK, DK-3460
ViroGates A/S is a life science company that develops and sells prognostic products to the healthcare sector. The products are used in hospital emergency services, in particular, to make a clinical decision on hospitalization or discharge of emergency patients. The products can also be used for the prognosis of lifestyle-related diseases such as cardiovascular disease, type 2 diabetes, and cancer. It has developed a product line called suPARnostic to make the suPAR test available as a commercially available test and the ambition is to get the test implemented and used for clinical decision-making.

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