Ibex Technologies (TSXV:IBT) Price-to-Tangible-Book : 2.48 (As of May. 06, 2024)

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What is Ibex Technologies Price-to-Tangible-Book?

As of today (2024-05-06), Ibex Technologies's share price is C$1.44. Ibex Technologies's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was C$0.58. Hence, Ibex Technologies's Price to Tangible Book Ratio of today is 2.48.

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

TSXV:IBT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.29 Med: 0.78 Max: 2.48
Current: 2.48

During the past 13 years, Ibex Technologies's highest Price to Tangible Book Ratio was 2.48. The lowest was 0.29. And the median was 0.78.

TSXV:IBT's Price-to-Tangible-Book is ranked better than
55.48% of 1222 companies
in the Biotechnology industry
Industry Median: 2.73 vs TSXV:IBT: 2.48

A closely related ratio is called PB Ratio. As of today, Ibex Technologies's share price is C$1.44. Ibex Technologies's Book Value per Sharefor the quarter that ended in Jan. 2024 was C$0.58. Hence, Ibex Technologies's P/B Ratio of today is 2.48.

Ibex Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Ibex Technologies'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.

Ibex Technologies Price-to-Tangible-Book Chart

Ibex Technologies Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.38

0.94

0.98

2.17

Ibex Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.10	1.93	2.17	1.72	1.93

Competitive Comparison of Ibex Technologies's Price-to-Tangible-Book

For the Biotechnology subindustry, Ibex Technologies'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.

Ibex Technologies's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

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

Ibex Technologies Price-to-Tangible-Book Calculation

Ibex Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jan. 2024 )
	=	1.44	/	0.581
	=	2.48

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.

Ibex Technologies Price-to-Tangible-Book Related Terms

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

Ibex Technologies (TSXV:IBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ibex Technologies Inc (TSXV:IBT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IBXNF:USA IBT:Germany

Address

5485 Pare Street, Suite 100, Montreal, QC, CAN, H4P 1P7

Website

https://www.ibex.ca

Ibex Technologies Inc is a company engaged in the production and sale of diagnostic products. It manufactures and markets enzymes for biomedical use, through its subsidiaries. It also manufactures and markets a series of arthritis assays that have applications in osteoarthritis research. It sells two product lines namely, Enzymes for in-vitro diagnostics and research, and Tests for osteoarthritis research. The group provides services like Filing and lyophilization of disposable diagnostic components, and Custom fermentation and purification of enzymes for diagnostic companies. Geographically, the firm sells its products in Canada, Germany, the U.S., the U.K., and other countries of which the majority of the revenue is generated from the U.S.

Ibex Technologies (TSXV:IBT) Headlines

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