MedBright AI Investments (MedBright AI Investments) PB Ratio : 3.22 (As of May. 02, 2024)

View and export this data going back to 2017. Start your Free Trial

What is MedBright AI Investments 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 (2024-05-02), MedBright AI Investments's share price is $0.10315. MedBright AI Investments's Book Value per Share for the quarter that ended in Nov. 2023 was $0.03. Hence, MedBright AI Investments's PB Ratio of today is 3.22.

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

MBAIF' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 72.21
Current: 3.44

During the past 13 years, MedBright AI Investments's highest PB Ratio was 72.21. The lowest was 0.00. And the median was 0.00.

MBAIF's PB Ratio is ranked worse than
91.73% of 1693 companies
in the Asset Management industry
Industry Median: 0.93 vs MBAIF: 3.44

During the past 12 months, MedBright AI Investments's average Book Value Per Share Growth Rate was 238.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MedBright AI Investments was 37.90% per year. The lowest was -22.50% per year. And the median was -15.30% per year.

Back to Basics: PB Ratio

MedBright AI Investments PB Ratio Historical Data

The historical data trend for MedBright AI Investments'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.

MedBright AI Investments PB Ratio Chart

MedBright AI Investments Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

PB Ratio

Get a 7-Day Free Trial

3.85

6.07

MedBright AI Investments Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
PB Ratio	Get a 7-Day Free Trial															7.10	6.07	-	5.71	5.52

Competitive Comparison of MedBright AI Investments's PB Ratio

For the Asset Management subindustry, MedBright AI Investments'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.

MedBright AI Investments's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, MedBright AI Investments's PB Ratio distribution charts can be found below:

* The bar in red indicates where MedBright AI Investments's PB Ratio falls into.

MedBright AI Investments 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.

MedBright AI Investments's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Nov. 2023)
	=	0.10315	/	0.032
	=	3.22

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.

MedBright AI Investments (OTCPK:MBAIF) 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.

MedBright AI Investments PB Ratio Related Terms

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