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Polarean Imaging (LSE:POLX) PB Ratio : 0.82 (As of Apr. 30, 2024)


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What is Polarean Imaging 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 (2024-04-30), Polarean Imaging's share price is £0.0375. Polarean Imaging's Book Value per Share for the quarter that ended in Jun. 2023 was £0.05. Hence, Polarean Imaging's PB Ratio of today is 0.82.

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

LSE:POLX' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 4.57   Max: 26
Current: 0.82

During the past 7 years, Polarean Imaging's highest PB Ratio was 26.00. The lowest was 0.51. And the median was 4.57.

LSE:POLX's PB Ratio is ranked better than
84.13% of 794 companies
in the Medical Devices & Instruments industry
Industry Median: 2.22 vs LSE:POLX: 0.82

During the past 12 months, Polarean Imaging's average Book Value Per Share Growth Rate was -53.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 33.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.30% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Polarean Imaging was 33.60% per year. The lowest was 4.60% per year. And the median was 23.20% per year.

Back to Basics: PB Ratio


Polarean Imaging PB Ratio Historical Data

The historical data trend for Polarean Imaging'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.

Polarean Imaging PB Ratio Chart

Polarean Imaging Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial 2.54 7.10 17.00 4.96 7.57

Polarean Imaging Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.97 4.96 4.59 7.57 5.27

Competitive Comparison of Polarean Imaging's PB Ratio

For the Medical Devices subindustry, Polarean Imaging'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.


Polarean Imaging's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Polarean Imaging's PB Ratio distribution charts can be found below:

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



Polarean Imaging 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.

Polarean Imaging's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2023)
=0.0375/0.046
=0.82

* 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.


Polarean Imaging  (LSE:POLX) 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.


Polarean Imaging PB Ratio Related Terms

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Polarean Imaging (LSE:POLX) Business Description

Traded in Other Exchanges
Address
27-28 Eastcastle Street, London, GBR, W1W 8DH
Polarean Imaging PLC designs and manufactures medical drug-device combination companies operating in the high-resolution medical imaging market. Its only operating segment being the development and commercialization of gas polariser devices and ancillary instruments. Geographically, it derives most of the revenue from the United States of America and also has a presence in Canada and the United Kingdom. The company generates revenue from products and services such as Polarisers, Parts and Upgrades, Service and other revenue. Its product portfolio includes 9820 129Xe Hyperpolarizer, 9800 129Xe Hyperpolarizer, Polarean 3777 129Xe Hyperpolarizer Upgrade Module, Polarean 2881 Polarization Measurement Station, and others.

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