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Curable (XKRX:086460) PB Ratio : 1.01 (As of Jun. 25, 2024)


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What is Curable 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 (2024-06-25), Curable's share price is ₩4145.00. Curable's Book Value per Share for the quarter that ended in Dec. 2023 was ₩4,084.46. Hence, Curable's PB Ratio of today is 1.01.

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

XKRX:086460' s PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.12   Max: 1.64
Current: 1.01

During the past 3 years, Curable's highest PB Ratio was 1.64. The lowest was 0.64. And the median was 1.12.

XKRX:086460's PB Ratio is ranked better than
76.47% of 204 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.985 vs XKRX:086460: 1.01

During the past 12 months, Curable's average Book Value Per Share Growth Rate was -38.30% per year.

Back to Basics: PB Ratio


Curable PB Ratio Historical Data

The historical data trend for Curable'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.

Curable PB Ratio Chart

Curable Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
0.76 1.31 1.61

Curable Semi-Annual Data
Dec21 Dec22 Dec23
PB Ratio 0.76 1.31 1.61

Competitive Comparison of Curable's PB Ratio

For the Diagnostics & Research subindustry, Curable'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.


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

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

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



Curable 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4145.00/4084.462
=1.01

* 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.


Curable  (XKRX:086460) 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.


Curable PB Ratio Related Terms

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Curable (XKRX:086460) Business Description

Traded in Other Exchanges
N/A
Address
93, Dongtan-daero 23-gil, 10th Floor, Gyeonggi-do, Hwaseong-si, KOR
Curable Inc provides genome analysis service.

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