GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » TFBS Bioscience Inc (ROCO:6939) » Definitions » PB Ratio

TFBS Bioscience (ROCO:6939) PB Ratio : 0.80 (As of Jan. 18, 2025)


View and export this data going back to 2023. Start your Free Trial

What is TFBS Bioscience 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 (2025-01-18), TFBS Bioscience's share price is NT$28.40. TFBS Bioscience's Book Value per Share for the quarter that ended in Jun. 2024 was NT$35.66. Hence, TFBS Bioscience's PB Ratio of today is 0.80.

Good Sign:

TFBS Bioscience Inc stock PB Ratio (=0.76) is close to 2-year low of 0.75

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

ROCO:6939' s PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.17   Max: 1.94
Current: 0.81

During the past 4 years, TFBS Bioscience's highest PB Ratio was 1.94. The lowest was 0.74. And the median was 1.17.

ROCO:6939's PB Ratio is ranked better than
84% of 200 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.09 vs ROCO:6939: 0.81

During the past 12 months, TFBS Bioscience's average Book Value Per Share Growth Rate was -1.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 72.00% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of TFBS Bioscience was 72.00% per year. The lowest was 72.00% per year. And the median was 72.00% per year.

Back to Basics: PB Ratio


TFBS Bioscience PB Ratio Historical Data

The historical data trend for TFBS Bioscience'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.

TFBS Bioscience PB Ratio Chart

TFBS Bioscience Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - 1.26

TFBS Bioscience Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PB Ratio Get a 7-Day Free Trial - - 1.76 1.26 1.16

Competitive Comparison of TFBS Bioscience's PB Ratio

For the Diagnostics & Research subindustry, TFBS Bioscience'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.


TFBS Bioscience's PB Ratio Distribution in the Medical Diagnostics & Research Industry

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

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



TFBS Bioscience 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.

TFBS Bioscience's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2024)
=28.40/35.661
=0.80

* 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.


TFBS Bioscience  (ROCO:6939) 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.


TFBS Bioscience PB Ratio Related Terms

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


TFBS Bioscience Business Description

Traded in Other Exchanges
N/A
Address
No. 103, Lane 169, Kang-ning Street, 3rd Floor, Xizhi District, New Taipei, TWN
TFBS Bioscience Inc is a Contract Research Organization (CRO) providing biological testing in Taiwan. Its services include viral vector manufacturing for cell and gene therapy products and biosafety testing and product release testing for cell and gene therapy products, vaccines, and biologic products.

TFBS Bioscience Headlines

No Headlines