GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Earth Science Tech Inc (OTCPK:ETST) » Definitions » PB Ratio

Earth Science Tech (Earth Science Tech) PB Ratio : 8.93 (As of Apr. 28, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Earth Science Tech 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 (2024-04-28), Earth Science Tech's share price is $0.0625. Earth Science Tech's Book Value per Share for the quarter that ended in Dec. 2023 was $0.01. Hence, Earth Science Tech's PB Ratio of today is 8.93.

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

ETST' s PB Ratio Range Over the Past 10 Years
Min: 7.86   Med: 84.21   Max: 870
Current: 8.93

During the past 11 years, Earth Science Tech's highest PB Ratio was 870.00. The lowest was 7.86. And the median was 84.21.

ETST's PB Ratio is ranked worse than
88.77% of 962 companies
in the Drug Manufacturers industry
Industry Median: 1.925 vs ETST: 8.93

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Earth Science Tech was -104.10% per year. The lowest was -220.80% per year. And the median was -162.45% per year.

Back to Basics: PB Ratio


Earth Science Tech PB Ratio Historical Data

The historical data trend for Earth Science Tech'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.

Earth Science Tech PB Ratio Chart

Earth Science Tech Annual Data
Trend Mar13 Mar14 Mar15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 9.00

Earth Science Tech Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 9.00 9.94 8.50 9.96

Competitive Comparison of Earth Science Tech's PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Earth Science Tech'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.


Earth Science Tech's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Earth Science Tech's PB Ratio distribution charts can be found below:

* The bar in red indicates where Earth Science Tech's PB Ratio falls into.



Earth Science Tech 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.

Earth Science Tech's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.0625/0.007
=8.93

* 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.


Earth Science Tech  (OTCPK:ETST) 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.


Earth Science Tech PB Ratio Related Terms

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


Earth Science Tech (Earth Science Tech) Business Description

Traded in Other Exchanges
N/A
Address
8950 SW 74th CT, Suite 101, Miami, FL, USA, 33156
Earth Science Tech Inc is a diversified holding company. Currently, the company is focused on emerging prospects in the health and wellness industry.
Executives
Giorgio R. Saumat director 449 ESPLANADE DR, MIAMI SPRINGS FL 33166
Majorca Group, Ltd. 10 percent owner 1621 CENTRAL AVE, CHEYENNE WY 90501
David Barbash officer: Chief Sales Officer 109 SWIFT CREEK CROSSING, DURHAM NC 27713
Nickolas Salomon Tabraue director, officer: President & Chairman 4100 SALZEDO STREET, UNIT 420, CORAL GABLES FL 33146
Wendell Hecker officer: CFO 2606 NW 104 TH AVE #410, SUNRISE FL 33322
Gregg Gagan Hunter director, officer: COO & Director 774 86TH STREET, MIAMI FL 33138
Michel Aube officer: CEO & CSO 8837,RUE DE CHAMP D'EAU, MONTR?AL A8 HIP 3A6
Matthew Cohen officer: CEO & CFO 1702 COSTA DEL SOL, BOCA RATON FL 33432
Thomas H Wright director, officer: Chief Operating Officer 1600 SOUTH DIXIE HWY., SUITE 300, BOCA RATON FL 33432
Harvey Katz officer: CEO 2255 GLADES ROAD, #324A, BOCA RATON FL 33431
Issa El-cheikh director, officer: President 40 EAST MAIN STREET #998, NEWARK DE 19711
Great Lakes Holdings Group, Llc 10 percent owner 3825 HUNTINGTON AVENUE, WINDSOR A6 N9E3N4

Earth Science Tech (Earth Science Tech) Headlines

From GuruFocus

SmallCap Sentinel:  A Turning Point for CBD

By Marketwired Marketwired 11-20-2019