Olink Holding AB (Olink Holding AB) PB Ratio : 5.78 (As of Apr. 29, 2024)

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What is Olink Holding 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 (2024-04-29), Olink Holding AB's share price is $23.35. Olink Holding AB's Book Value per Share for the quarter that ended in Dec. 2023 was $4.04. Hence, Olink Holding AB's PB Ratio of today is 5.78.

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

OLK' s PB Ratio Range Over the Past 10 Years
Min: 2.52 Med: 5.67 Max: 11.37
Current: 5.78

During the past 5 years, Olink Holding AB's highest PB Ratio was 11.37. The lowest was 2.52. And the median was 5.67.

OLK's PB Ratio is ranked worse than
85.71% of 210 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.11 vs OLK: 5.78

During the past 12 months, Olink Holding AB's average Book Value Per Share Growth Rate was 17.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Olink Holding AB was 25.80% per year. The lowest was 12.60% per year. And the median was 19.20% per year.

Back to Basics: PB Ratio

Olink Holding AB PB Ratio Historical Data

The historical data trend for Olink Holding 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.

* Premium members only.

Olink Holding AB PB Ratio Chart

Olink Holding AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

4.55

7.36

6.22

Olink Holding AB Quarterly Data
	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												7.36	5.63	4.96	3.88	6.22

Competitive Comparison of Olink Holding AB's PB Ratio

For the Diagnostics & Research subindustry, Olink Holding 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.

Olink Holding AB's PB Ratio Distribution in the Medical Diagnostics & Research Industry

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

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

Olink Holding 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	23.35	/	4.043
	=	5.78

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.

Olink Holding AB (NAS:OLK) 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.

Olink Holding AB PB Ratio Related Terms

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Olink Holding AB (Olink Holding AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Olink Holding AB (NAS:OLK) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

6XA:Germany

Address

Uppsala Science Park, Uppsala, SWE, SE-75183

Website

https://www.olink.com

Olink Holding AB has a proprietary and patented Proximity Extension Assay technology, which enables researchers to use one platform for discovery to clinical trials to diagnostic applications utilizing the established infrastructure of labs and installed instrumentation. It has two segments including Kit and Services. It derives revenues from Sweden, the Americas, China, EMEA (Excluding Sweden) Japan, and other regions.