Frequency ExchangeFRECF -32.52%8 PB Ratio is 40.00 as of Jun. 24, 2026, which is 239% above its 10-year median of 11.81. GuruFocus rates FRECF with a GF Score™ of 8/100 and a GF Value™ of $0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 787 Medical Devices & Instruments companies, Frequency Exchange ranks worse than 98.98% on this metric.
The historical rank and industry rank for Frequency Exchange's PB Ratio or its related term are showing as below:
FRECF'
s PB Ratio Range Over the Past 10 Years
Min: 1.71 Med: 11.81 Max: 72
Current: 46
During the past 6 years, Frequency Exchange's highest PB Ratio was 72.00. The lowest was 1.71. And the median was 11.81.
FRECF's PB Ratio is ranked worse than 98.98% of 787
companies
in the Medical Devices & Instruments industry
Industry Median: 2.04
vs FRECF: 46.00
During the past 3 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Frequency Exchange was 6.90% per year. The lowest was 6.90% per year. And the median was 6.90% per year.
Back to Basics: PB Ratio
Frequency Exchange (OTCPK:FRECF) PB Ratio Explanation
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.
Frequency Exchange PB Ratio Related Terms
Frequency Exchange PB Ratio Historical Data
* Premium members only.
The historical data trend for Frequency Exchange'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 Medical Devices subindustry, Frequency Exchange'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.
Frequency Exchange PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Frequency Exchange's PB Ratio distribution charts can be found below:
* The bar in red indicates where Frequency Exchange'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.
* 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.
Frequency Exchange (FRECF) has a PB Ratio of 40.00 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Frequency Exchange and its competitors. This is 239% above median its historical median of 11.81. Over the past decade, Frequency Exchange's PB Ratio has ranged from 1.71 to 72.00. According to the industry distribution chart, Frequency Exchange ranks #779 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 99%.
Is Frequency Exchange's PB Ratio too high?
Frequency Exchange's current PB Ratio of 40.00 is 239% above median its 10-year median of 11.81. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 72.00. The Medical Devices & Instruments industry median PB Ratio is 2.04. Frequency Exchange's value of 40.00 is 1860.8% above this industry median. Based on the distribution chart, Frequency Exchange ranks #779 out of 787 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Frequency Exchange has a GF Score™ of 8/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frequency Exchange's PB Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Frequency Exchange ranks #779 out of 787 companies for PB Ratio. This places Frequency Exchange in the lower half of its industry. The industry median PB Ratio is 2.04. Frequency Exchange's value of 40.00 is 1860.8% above this benchmark. Historically, Frequency Exchange's own PB Ratio has ranged from 1.71 to 72.00 over the past decade. While the company's 10-year median is 11.81 vs. the industry median of 2.04, Frequency Exchange has consistently been above 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.04, based on 787 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. Frequency Exchange's current PB Ratio of 40.00 is 1860.8% above 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 Frequency Exchange and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frequency Exchange's current PB Ratio is 40.00, which is 239% above median its own 10-year median of 11.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frequency Exchange stock overvalued right now?
Based on GuruFocus' analysis, Frequency Exchange (FRECF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.08, compared to a current price of $0.16 — trading 100% above its estimated fair value. The current PB Ratio is 40.00, which is 239% above median its 10-year median of 11.81 and 1860.8% above the Medical Devices & Instruments industry median of 2.04. Frequency Exchange's overall GF Score™ is 8/100 with 4 warning signs to review. 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 Frequency Exchange (FRECF), the current PB Ratio is 40.00 as of Jun. 24, 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.
Is Frequency Exchange (FRECF) Overvalued in 2026?
Based on GuruFocus' analysis, Frequency Exchange stock appears to be overvalued.
The current stock price of $0.16 is trading 100% above its estimated GF Value™ of $0.08.
GuruFocus considers Frequency Exchange to be Significantly Overvalued.
Key valuation signals for FRECF:
PB Ratio: 40.00 (239% above median its 10-year median of 11.81)
GF Value™: $0.08 vs. price of $0.16 (100% above fair value)
Industry Position: 1860.8% above the Medical Devices & Instruments median (#779 of 787)
No single metric tells the full story. See the FRECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frequency Exchange Corp is focused on the development and world-wide commercialization of a wearable Frequency Delivery System providing specialized programs designed for health and wellness as well as performance enhancement. The company has one operating and reportable segment which the sale of wearable devices. Geographically, it operates in Canada; United States; and International.
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