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OptiBiotix Health (LSE:OPTI) Price-to-Tangible-Book : 2.20 (As of May. 02, 2024)


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What is OptiBiotix Health Price-to-Tangible-Book?

As of today (2024-05-02), OptiBiotix Health's share price is £0.1825. OptiBiotix Health's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was £0.08. Hence, OptiBiotix Health's Price to Tangible Book Ratio of today is 2.20.

The historical rank and industry rank for OptiBiotix Health's Price-to-Tangible-Book or its related term are showing as below:

LSE:OPTI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93   Med: 9.26   Max: 37.39
Current: 2.28

During the past 12 years, OptiBiotix Health's highest Price to Tangible Book Ratio was 37.39. The lowest was 0.93. And the median was 9.26.

LSE:OPTI's Price-to-Tangible-Book is ranked better than
57.25% of 1221 companies
in the Biotechnology industry
Industry Median: 2.69 vs LSE:OPTI: 2.28

A closely related ratio is called PB Ratio. As of today, OptiBiotix Health's share price is £0.1825. OptiBiotix Health's Book Value per Sharefor the quarter that ended in Jun. 2023 was £0.10. Hence, OptiBiotix Health's P/B Ratio of today is 1.84.


OptiBiotix Health Price-to-Tangible-Book Historical Data

The historical data trend for OptiBiotix Health's Price-to-Tangible-Book 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.

OptiBiotix Health Price-to-Tangible-Book Chart

OptiBiotix Health Annual Data
Trend Jul10 Jul12 Nov14 Nov15 Nov16 Nov17 Nov18 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.78 16.70 5.63 2.61 1.29

OptiBiotix Health Semi-Annual Data
Jul12 Jan13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.86 2.61 0.93 1.29 0.99

Competitive Comparison of OptiBiotix Health's Price-to-Tangible-Book

For the Biotechnology subindustry, OptiBiotix Health's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


OptiBiotix Health's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, OptiBiotix Health's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where OptiBiotix Health's Price-to-Tangible-Book falls into.



OptiBiotix Health Price-to-Tangible-Book Calculation

OptiBiotix Health's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.1825/0.083
=2.20

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


OptiBiotix Health Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of OptiBiotix Health's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


OptiBiotix Health (LSE:OPTI) Business Description

Traded in Other Exchanges
Address
Innovation Centre, Innovation Way, Heslington, York, GBR, YO10 5DG
OptiBiotix Health PLC is engaged in the field of healthcare. As a life science company, its prime focus lies in researching the area of biotechnology. Its activities include the identification of microbial strains, compounds, and formulations for use in food ingredients, supplements, and active compounds that can impact human physiology, deriving potential health benefits. The company derives majority of the revenue from the sale of Functional Fibres. The company markets its products in the United Kingdom under trademark names such as OptiBiotix, SweetBiotix, and SkinBioTherapeutics.