Sernova (XTER:PSH) PB Ratio : 22.66 (As of Apr. 26, 2024)

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What is Sernova 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 (2024-04-26), Sernova's share price is C$0.2946. Sernova's Book Value per Share for the quarter that ended in Jan. 2024 was C$0.01. Hence, Sernova's PB Ratio of today is 22.66.

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

XTER:PSH' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 44.62
Current: 34.62

During the past 13 years, Sernova's highest PB Ratio was 44.62. The lowest was 0.00. And the median was 0.00.

XTER:PSH's PB Ratio is ranked worse than
97.79% of 1310 companies
in the Biotechnology industry
Industry Median: 2.385 vs XTER:PSH: 34.62

During the past 12 months, Sernova's average Book Value Per Share Growth Rate was -91.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 27.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 36.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sernova was 162.80% per year. The lowest was -62.90% per year. And the median was -9.60% per year.

Back to Basics: PB Ratio

Sernova PB Ratio Historical Data

The historical data trend for Sernova'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.

Sernova PB Ratio Chart

Sernova Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

PB Ratio

Get a 7-Day Free Trial

8.00

3.79

12.77

Sernova Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
PB Ratio	Get a 7-Day Free Trial															5.32	5.42	8.12	12.77	33.11

Competitive Comparison of Sernova's PB Ratio

For the Biotechnology subindustry, Sernova'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.

Sernova's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sernova's PB Ratio distribution charts can be found below:

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

Sernova 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.

Sernova's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jan. 2024)
	=	0.2946	/	0.013
	=	22.66

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.

Sernova (XTER:PSH) 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.

Sernova PB Ratio Related Terms

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Sernova (XTER:PSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sernova Corp (XTER:PSH) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SEOVF:USA PSH:Germany SVA:Canada

Address

700 Collip Circle, The Stiller Centre, Suite 114, London, ON, CAN, N6G 4X8

Website

https://www.sernova.com

Sernova Corp is a clinical-stage company developing products for the treatment of chronic debilitating diseases. The company is engaged in the research and development of its proprietary Cell Pouch and associated technologies including immune-protected therapeutic cells. The Cell Pouch is a scalable, implantable medical device designed to create a vascularized tissue environment for the transplantation and engraftment of therapeutic cells, which then release proteins and or hormones for the long-term treatment of multiple serious, chronic diseases such as diabetes, hemophilia, and thyroid disease.