PMDI (Psychemedics) PB Ratio: 2.96 (As of Aug. 25, 2026)

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PMDI Psychemedics Corp PMDI
58 GF Score
Price $2.49
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What is Psychemedics PB Ratio?

Psychemedics PMDI +13.18% 58 PB Ratio is 2.96 as of Aug. 25, 2026. GuruFocus rates PMDI with a GF Score™ of 58/100.

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 (2026-08-25), Psychemedics's share price is $2.49. Psychemedics's Book Value per Share for the quarter that ended in Dec. 2024 was $0.84. Hence, Psychemedics's PB Ratio of today is 2.96.

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

PMDI's PB Ratio is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 2.15
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Psychemedics  (OTCPK:PMDI) 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.


Psychemedics PB Ratio Related Terms


Psychemedics PB Ratio Historical Data

* Premium members only.

The historical data trend for Psychemedics'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.

Psychemedics PB Ratio Chart

Psychemedics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.25 3.20 2.59 2.58 2.67

Psychemedics Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.58 2.71 2.45 2.50 2.67

PMDI vs MBAI, MYNZ, ADVB: PB Ratio Comparison

For the Diagnostics & Research subindustry, Psychemedics'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.


Psychemedics PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Psychemedics's PB Ratio distribution charts can be found below:

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


PMDI
58GF Score
Psychemedics Corp PMDI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Psychemedics 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.

Psychemedics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=2.49/0.84
=2.96

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.96 mean?
Psychemedics (PMDI) has a PB Ratio of 2.96 as of Aug. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Psychemedics and its competitors.
Is Psychemedics' PB Ratio too high?
Psychemedics' current PB Ratio is 2.96. The Medical Diagnostics & Research industry median PB Ratio is 2.15. Psychemedics' value of 2.96 is 37.7% above this industry median. Overall, Psychemedics has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Psychemedics' PB Ratio compare to MBAI and MYNZ?
Psychemedics' PB Ratio of 2.96 can be compared against companies in the Medical Diagnostics & Research industry. The industry median PB Ratio is 2.15. Psychemedics' value of 2.96 is 37.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Medical Diagnostics & Research company?
The median PB Ratio among Medical Diagnostics & Research companies is 2.15, based on 193 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Psychemedics's current PB Ratio of 2.96 is 37.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Psychemedics and its competitors. For the Medical Diagnostics & Research industry, the median PB Ratio is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Psychemedics's current PB Ratio is 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Psychemedics stock overvalued right now?
Psychemedics (PMDI) has a current PB Ratio of 2.96. The current PB Ratio is 2.96 and 37.7% above the Medical Diagnostics & Research industry median of 2.15. Psychemedics' overall GF Score™ is 58/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Psychemedics (PMDI), the current PB Ratio is 2.96 as of Aug. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Psychemedics Business Description

Address 5220 Spring Valley Road, Suite 230, Dallas, TX, USA, 75254
Psychemedics Corp provides testing services for the detection of drug abuse and other health markers through the analysis of hair samples. The company generates revenue mainly from providing drug and alcohol testing services for its customers for an agreed-upon fee per unit tested. Its testing methods utilize a patented technology that digests the hair and releases drugs trapped in it without destroying the drugs. Geographically, the majority of its revenue comes from the United States, and also has a presence in other markets.
58GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.49
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