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Cyclezyme AB (XSAT:CYCLE) PB Ratio : 1.71 (As of Jun. 24, 2024)


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What is Cyclezyme 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 (2024-06-24), Cyclezyme AB's share price is kr5.50. Cyclezyme AB's Book Value per Share for the quarter that ended in Dec. 2023 was kr3.22. Hence, Cyclezyme AB's PB Ratio of today is 1.71.

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

XSAT:CYCLE' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9.33
Current: 1.71

During the past 4 years, Cyclezyme AB's highest PB Ratio was 9.33. The lowest was 0.00. And the median was 0.00.

XSAT:CYCLE's PB Ratio is ranked worse than
53.66% of 1532 companies
in the Chemicals industry
Industry Median: 1.575 vs XSAT:CYCLE: 1.71

During the past 12 months, Cyclezyme AB's average Book Value Per Share Growth Rate was 315.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 544.70% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Cyclezyme AB was 544.70% per year. The lowest was 544.70% per year. And the median was 544.70% per year.

Back to Basics: PB Ratio


Cyclezyme AB PB Ratio Historical Data

The historical data trend for Cyclezyme 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.

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Cyclezyme AB PB Ratio Chart

Cyclezyme AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - -

Cyclezyme AB Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
PB Ratio - - - -

Competitive Comparison of Cyclezyme AB's PB Ratio

For the Specialty Chemicals subindustry, Cyclezyme 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.


Cyclezyme AB's PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cyclezyme AB's PB Ratio distribution charts can be found below:

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



Cyclezyme 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=5.50/3.215
=1.71

* 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.


Cyclezyme AB  (XSAT:CYCLE) 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.


Cyclezyme AB PB Ratio Related Terms

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


Cyclezyme AB (XSAT:CYCLE) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Scheelevagen 22, Lund, SWE, 223 63
Cyclezyme AB is a Sweden-based company that has developed an enzymatic platform focused on producing enzymes for green biochemical processes. This platform utilizes biotechnological methods to identify and improve enzymes capable of converting e.g. PET-based plastic materials for new building blocks. The company enables careful experiments and analyses of the behavior of different enzymes in the breakdown of e.g. PET material. The company refines its enzymes and also optimizes the processes for plastic recycling by combining experimental data with data analysis.

Cyclezyme AB (XSAT:CYCLE) Headlines

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