Q-linea AB (OSTO:QLINEA) Price-to-Tangible-Book : 1.56 (As of May. 05, 2024)

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What is Q-linea AB Price-to-Tangible-Book?

As of today (2024-05-05), Q-linea AB's share price is kr2.46. Q-linea AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr1.58. Hence, Q-linea AB's Price to Tangible Book Ratio of today is 1.56.

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

OSTO:QLINEA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.56 Med: 3.34 Max: 12.25
Current: 1.56

During the past 9 years, Q-linea AB's highest Price to Tangible Book Ratio was 12.25. The lowest was 1.56. And the median was 3.34.

OSTO:QLINEA's Price-to-Tangible-Book is ranked better than
70.67% of 699 companies
in the Medical Devices & Instruments industry
Industry Median: 2.7 vs OSTO:QLINEA: 1.56

A closely related ratio is called PB Ratio. As of today, Q-linea AB's share price is kr2.46. Q-linea AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr1.62. Hence, Q-linea AB's P/B Ratio of today is 1.52.

Q-linea AB Price-to-Tangible-Book Historical Data

The historical data trend for Q-linea AB'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.

Q-linea AB Price-to-Tangible-Book Chart

Q-linea AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.94

12.25

7.76

1.94

2.34

Q-linea AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.94	2.08	3.03	1.49	2.34

Competitive Comparison of Q-linea AB's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Q-linea AB'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.

Q-linea AB's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Q-linea AB's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Q-linea AB's Price-to-Tangible-Book falls into.

Q-linea AB Price-to-Tangible-Book Calculation

Q-linea AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.46	/	1.58
	=	1.56

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Q-linea AB Price-to-Tangible-Book Related Terms

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

Q-linea AB (OSTO:QLINEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Q-linea AB (OSTO:QLINEA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

3F8:Germany

Address

Dag Hammarskjolds vag 52 A, Uppsala, SWE, SE-752 37

Website

https://www.qlinea.com

Q-linea AB is a company that develops solutions for improved infectious disease diagnostics. It focuses on developing instruments and consumables that benefit patients, healthcare providers, and society. It develops and delivers solutions for healthcare providers, enabling them to diagnose and treat infectious diseases in the shortest possible time. The company's product, ASTar, is a fully automated instrument (AST, antibiotic susceptibility testing), which produces a sensitivity profile from a positive blood culture.

Q-linea AB (OSTO:QLINEA) Headlines

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