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Diagonal Bio AB (OSTO:DIABIO) PB Ratio : 0.32 (As of Apr. 25, 2025)


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What is Diagonal Bio AB 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 (2025-04-25), Diagonal Bio AB's share price is kr0.0141. Diagonal Bio AB's Book Value per Share for the quarter that ended in Sep. 2024 was kr0.04. Hence, Diagonal Bio AB's PB Ratio of today is 0.32.

Warning Sign:

Diagonal Bio AB stock PB Ratio (=0.32) is close to 1-year high of 0.32.

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

OSTO:DIABIO' s PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.55   Max: 4.35
Current: 0.32

During the past 4 years, Diagonal Bio AB's highest PB Ratio was 4.35. The lowest was 0.02. And the median was 0.55.

OSTO:DIABIO's PB Ratio is ranked better than
95.72% of 1285 companies
in the Biotechnology industry
Industry Median: 2.23 vs OSTO:DIABIO: 0.32

During the past 12 months, Diagonal Bio AB's average Book Value Per Share Growth Rate was -83.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.40% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Diagonal Bio AB was -2.40% per year. The lowest was -2.40% per year. And the median was -2.40% per year.

Back to Basics: PB Ratio


Diagonal Bio AB PB Ratio Historical Data

The historical data trend for Diagonal Bio AB'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.

Diagonal Bio AB PB Ratio Chart

Diagonal Bio AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- 2.42 1.22 0.67

Diagonal Bio AB Quarterly Data
Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.63 0.67 0.19 0.39 0.13

Competitive Comparison of Diagonal Bio AB's PB Ratio

For the Biotechnology subindustry, Diagonal Bio AB'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.


Diagonal Bio AB's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Diagonal Bio AB's PB Ratio distribution charts can be found below:

* The bar in red indicates where Diagonal Bio AB's PB Ratio falls into.


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Diagonal Bio AB 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.

Diagonal Bio AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.0141/0.044
=0.32

* 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.


Diagonal Bio AB  (OSTO:DIABIO) 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.


Diagonal Bio AB PB Ratio Related Terms

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


Diagonal Bio AB Business Description

Traded in Other Exchanges
Address
The Spark, Medicon Village, Lund, SWE, 223 81
Diagonal Bio AB is developing a diagnostic platform for ultra-rapid, parallel, accurate and cost-efficient detection of any kind of pathogen - Panviral.

Diagonal Bio AB Headlines

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