BTC HealthASX:BTC PB Ratio is 1.77 as of Jun. 26, 2026, which is 30% above its 10-year median of 1.36. The stock has 3 warning signs investors should review. Among 1,232 Biotechnology companies, BTC Health ranks better than 65.83% on this metric.
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 (2026-06-26), BTC Health's share price is A$0.055. BTC Health's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.03. Hence, BTC Health's PB Ratio of today is 1.77.
Warning Sign:
BTC Health Ltd stock PB Ratio (=1.74) is close to 5-year high of 1.91.
The historical rank and industry rank for BTC Health's PB Ratio or its related term are showing as below:
ASX:BTC'
s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 1.36 Max: 3.48
Current: 1.77
During the past 13 years, BTC Health's highest PB Ratio was 3.48. The lowest was 0.37. And the median was 1.36.
ASX:BTC's PB Ratio is ranked better than 65.83% of 1232
companies
in the Biotechnology industry
Industry Median: 2.8
vs ASX:BTC: 1.77
During the past 3 years, the average Book Value Per Share Growth Rate was -15.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -18.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of BTC Health was 26.00% per year. The lowest was -46.00% per year. And the median was -15.30% per year.
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.
BTC Health PB Ratio Related Terms
BTC Health PB Ratio Historical Data
* Premium members only.
The historical data trend for BTC Health'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.
For the Biotechnology subindustry, BTC Health'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.
BTC Health PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, BTC Health's PB Ratio distribution charts can be found below:
* The bar in red indicates where BTC Health's PB Ratio falls into.
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.
BTC Health's PB Ratio for today is calculated as follows:
* 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.
BTC Health (ASX:BTC) has a PB Ratio of 1.77 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BTC Health and its competitors. This is 30% above median its historical median of 1.36. Over the past decade, BTC Health's PB Ratio has ranged from 0.37 to 3.48. According to the industry distribution chart, BTC Health ranks #421 out of 1232 companies in the Biotechnology industry, placing it in the top 34.2%.
Is BTC Health's PB Ratio too high?
BTC Health's current PB Ratio of 1.77 is 30% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 3.48. The Biotechnology industry median PB Ratio is 2.80. BTC Health's value of 1.77 is 36.8% below this industry median. Based on the distribution chart, BTC Health ranks #421 out of 1232 companies in the Biotechnology industry, which is above the industry midpoint.
How does BTC Health's PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, BTC Health ranks #421 out of 1232 companies for PB Ratio. This puts BTC Health in the upper half of its industry. The industry median PB Ratio is 2.80. BTC Health's value of 1.77 is 36.8% below this benchmark. Historically, BTC Health's own PB Ratio has ranged from 0.37 to 3.48 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 2.80, BTC Health has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Biotechnology company?
The median PB Ratio among Biotechnology companies is 2.80, based on 1,232 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BTC Health's current PB Ratio of 1.77 is 36.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on BTC Health and its competitors. For the Biotechnology industry, the median PB Ratio is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BTC Health's current PB Ratio is 1.77, which is 30% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTC Health stock overvalued right now?
BTC Health (ASX:BTC) has a current PB Ratio of 1.77. The current PB Ratio is 1.77, which is 30% above median its 10-year median of 1.36 and 36.8% below the Biotechnology industry median of 2.80. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For BTC Health (ASX:BTC), the current PB Ratio is 1.77 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
BTC Health Ltd is a pooled development fund focused on seeking new investment opportunities in entities operating in the biotechnology and life sciences sectors. Its sole operating segment involves making and managing healthcare ventures. The company's products include Elasto-Q, Rythmic Infusion Pumps, Tiva, Infusion and Nerve Catheter Kits, Biopsy Needles, Radiological Markers, Rebellion Bone Removal System, Bonopty Coaxial Bone Biopsy, ECLS (Extracorporeal Life Support) Oxygenators, Pears, Valves, NEOLA, and LPS Adsorber. Geographically, it operates in Australia.
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