Microbix BiosystemsTSX:MBX +5.17%52 PB Ratio is 1.68 as of Jun. 26, 2026, which is 14% below its 10-year median of 1.96. GuruFocus rates TSX:MBX with a GF Score™ of 52/100 and a GF Value™ of C$0.24 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,232 Biotechnology companies, Microbix Biosystems ranks better than 67.61% on this metric.
Microbix Biosystems Inc stock PB Ratio (=1.68) is close to 1-year high of 1.68.
The historical rank and industry rank for Microbix Biosystems's PB Ratio or its related term are showing as below:
TSX:MBX'
s PB Ratio Range Over the Past 10 Years
Min: 1.08 Med: 1.96 Max: 9.84
Current: 1.68
During the past 13 years, Microbix Biosystems's highest PB Ratio was 9.84. The lowest was 1.08. And the median was 1.96.
TSX:MBX's PB Ratio is ranked better than 67.61% of 1232
companies
in the Biotechnology industry
Industry Median: 2.8
vs TSX:MBX: 1.68
During the past 12 months, Microbix Biosystems'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 3.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 2.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Microbix Biosystems was 49.00% per year. The lowest was -41.00% per year. And the median was 5.65% per year.
Back to Basics: PB Ratio
Microbix Biosystems (TSX:MBX) 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.
Microbix Biosystems PB Ratio Related Terms
Microbix Biosystems PB Ratio Historical Data
* Premium members only.
The historical data trend for Microbix Biosystems'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, Microbix Biosystems'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.
Microbix Biosystems PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Microbix Biosystems's PB Ratio distribution charts can be found below:
* The bar in red indicates where Microbix Biosystems'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.
Microbix Biosystems (TSX:MBX) has a PB Ratio of 1.68 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 Microbix Biosystems and its competitors. This is 14% below median its historical median of 1.96. Over the past decade, Microbix Biosystems' PB Ratio has ranged from 1.08 to 9.84. According to the industry distribution chart, Microbix Biosystems ranks #399 out of 1232 companies in the Biotechnology industry, placing it in the top 32.4%.
Is Microbix Biosystems' PB Ratio too high?
Microbix Biosystems' current PB Ratio of 1.68 is 14% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 9.84. The Biotechnology industry median PB Ratio is 2.80. Microbix Biosystems' value of 1.68 is 40% below this industry median. Based on the distribution chart, Microbix Biosystems ranks #399 out of 1232 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Microbix Biosystems has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microbix Biosystems' PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Microbix Biosystems ranks #399 out of 1232 companies for PB Ratio. This puts Microbix Biosystems in the upper half of its industry. The industry median PB Ratio is 2.80. Microbix Biosystems' value of 1.68 is 40% below this benchmark. Historically, Microbix Biosystems' own PB Ratio has ranged from 1.08 to 9.84 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 2.80, Microbix Biosystems 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. Microbix Biosystems's current PB Ratio of 1.68 is 40% 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 Microbix Biosystems 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. Microbix Biosystems's current PB Ratio is 1.68, which is 14% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microbix Biosystems stock overvalued right now?
Based on GuruFocus' analysis, Microbix Biosystems (TSX:MBX) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.24, compared to a current price of C$0.31 — trading 27.1% above its estimated fair value. The current PB Ratio is 1.68, which is 14% below median its 10-year median of 1.96 and 40% below the Biotechnology industry median of 2.80. Microbix Biosystems' overall GF Score™ is 52/100 with 8 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 Microbix Biosystems (TSX:MBX), the current PB Ratio is 1.68 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.
Is Microbix Biosystems (TSX:MBX) Overvalued in 2026?
Based on GuruFocus' analysis, Microbix Biosystems stock appears to be overvalued.
The current stock price of C$0.31 is trading 27.1% above its estimated GF Value™ of C$0.24.
GuruFocus considers Microbix Biosystems to be Modestly Overvalued.
Key valuation signals for TSX:MBX:
PB Ratio: 1.68 (14% below median its 10-year median of 1.96)
GF Value™: C$0.24 vs. price of C$0.31 (27.1% above fair value)
Industry Position: 40% below the Biotechnology median (#399 of 1232)
No single metric tells the full story. See the TSX:MBX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microbix Biosystems Inc develops biological products and technologies. There are two operating segments: The development, manufacturing, and sale of products relating to the medical diagnostics industry, namely antigens as test ingredients, quality assessment products to help ensure the accuracy of test workflows, and viral transport medium to enable collection of patient test samples; and the development and commercialization of novel and proprietary products or technologies such as Kinlytic. Geographically, it derives a majority of revenue from North America and also operates in Europe and other foreign countries.
52GF Score
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