Paragon Advanced Labs (TSXV:PALS) PB Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:PALS Paragon Advanced Labs Inc TSXV:PALS
9 GF Score
Price C$2.40
! 1 Warning Sign
View Full Analysis

What is Paragon Advanced Labs 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 (2026-07-26), Paragon Advanced Labs's share price is C$2.40. Paragon Advanced Labs's Book Value per Share for the fiscal year that ended in . 20 was C$0.00. Hence, Paragon Advanced Labs's PB Ratio of today is .

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

TSXV:PALS' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 184.59
Current: 184.59

During the past 0 years, Paragon Advanced Labs's highest PB Ratio was 184.59. The lowest was 0.00. And the median was 0.00.

TSXV:PALS's PB Ratio is ranked worse than
99.83% of 2420 companies
in the Hardware industry
Industry Median: 2.19 vs TSXV:PALS: 184.59

Back to Basics: PB Ratio

Paragon Advanced Labs  (TSXV:PALS) 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.

Paragon Advanced Labs PB Ratio Related Terms

Paragon Advanced Labs PB Ratio Historical Data

* Premium members only.

The historical data trend for Paragon Advanced Labs'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.

Paragon Advanced Labs PB Ratio Chart

Paragon Advanced Labs Annual Data
Trend
PB Ratio

Paragon Advanced Labs Semi-Annual Data
Mar25
PB Ratio 0.00

TSXV:PALS vs COHR, KEYS, GRMN: PB Ratio Comparison

For the Scientific & Technical Instruments subindustry, Paragon Advanced Labs'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.

Paragon Advanced Labs PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Paragon Advanced Labs's PB Ratio distribution charts can be found below:

* The bar in red indicates where Paragon Advanced Labs's PB Ratio falls into.


TSXV:PALS
9GF Score
Paragon Advanced Labs Inc TSXV:PALS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paragon Advanced Labs 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.

Paragon Advanced Labs's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=2.40/
=

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Paragon Advanced Labs Business Description

Address 120 Adelaide Street West, Suite 2400, Toronto, ON, CAN, M5H 1T1
Paragon Advanced Labs Inc provides mineral assays and geochemical analysis and testing to the natural resource industry. Its service offerings include a wide range of analytical techniques to suit the needs of the mining industry.
9GF Score

Get the complete analysis for TSXV:PALS

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

C$2.40
Price