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TBIIF (Tobii AB) PB Ratio : 0.56 (As of Dec. 14, 2024)


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What is Tobii 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 (2024-12-14), Tobii AB's share price is $0.15. Tobii AB's Book Value per Share for the quarter that ended in Sep. 2024 was $0.27. Hence, Tobii AB's PB Ratio of today is 0.56.

Good Sign:

Tobii AB stock PB Ratio (=0.56) is close to 10-year low of 0.52

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

TBIIF' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 2.71   Max: 7.78
Current: 0.56

During the past 12 years, Tobii AB's highest PB Ratio was 7.78. The lowest was 0.50. And the median was 2.71.

TBIIF's PB Ratio is ranked better than
90.88% of 2380 companies
in the Hardware industry
Industry Median: 1.995 vs TBIIF: 0.56

During the past 12 months, Tobii AB's average Book Value Per Share Growth Rate was -46.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.50% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Tobii AB was 28.90% per year. The lowest was -17.60% per year. And the median was -1.90% per year.

Back to Basics: PB Ratio


Tobii AB PB Ratio Historical Data

The historical data trend for Tobii 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.

Tobii AB PB Ratio Chart

Tobii AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 5.16 4.64 2.30 1.17

Tobii AB Quarterly Data
Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only 2.57 1.17 0.66 0.93 0.87

Competitive Comparison of Tobii AB's PB Ratio

For the Computer Hardware subindustry, Tobii 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.


Tobii AB's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tobii AB's PB Ratio distribution charts can be found below:

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



Tobii 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=0.15/0.266
=0.56

* 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.


Tobii AB  (OTCPK:TBIIF) 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.


Tobii AB PB Ratio Related Terms

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


Tobii AB Business Description

Traded in Other Exchanges
Address
Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking solutions and services to study human behavior. Tobii Tech provides eye-tracking components and platforms. Business operations of the company are functioned through Sweden, Europe, the USA, Asia/Oceania, and Other countries. It derives a majority of revenue from the USA.

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