Abingdon Health (LSE:ABDX) PB Ratio : 7.33 (As of May. 27, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Abingdon Health PB Ratio?

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. As of today (2024-05-27), Abingdon Health's share price is £0.11. Abingdon Health's Book Value per Share for the quarter that ended in Dec. 2023 was £0.02. Hence, Abingdon Health's PB Ratio of today is 7.33.

Warning Sign:

Abingdon Health PLC stock PB Ratio (=7.33) is close to 2-year high of 7.33

The historical rank and industry rank for Abingdon Health's PB Ratio or its related term are showing as below:

LSE:ABDX' s PB Ratio Range Over the Past 10 Years
Min: 0.37 Med: 1.91 Max: 36.27
Current: 7.33

During the past 6 years, Abingdon Health's highest PB Ratio was 36.27. The lowest was 0.37. And the median was 1.91.

LSE:ABDX's PB Ratio is ranked worse than
88.73% of 204 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.115 vs LSE:ABDX: 7.33

During the past 12 months, Abingdon Health's average Book Value Per Share Growth Rate was -54.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.80% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Abingdon Health was -4.80% per year. The lowest was -5.60% per year. And the median was -5.20% per year.

Back to Basics: PB Ratio

Abingdon Health PB Ratio Historical Data

The historical data trend for Abingdon Health'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.

* Premium members only.

Abingdon Health PB Ratio Chart

Abingdon Health Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

Get a 7-Day Free Trial

2.20

2.08

4.80

Abingdon Health Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial					1.84	2.08	1.97	4.80	7.33

Competitive Comparison of Abingdon Health's PB Ratio

For the Diagnostics & Research subindustry, Abingdon Health'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.

Abingdon Health's PB Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Abingdon Health's PB Ratio distribution charts can be found below:

* The bar in red indicates where Abingdon Health's PB Ratio falls into.

Abingdon Health PB Ratio Calculation

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.

Abingdon Health's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.11	/	0.015
	=	7.33

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Abingdon Health (LSE:ABDX) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.

Abingdon Health PB Ratio Related Terms

Thank you for viewing the detailed overview of Abingdon Health's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Abingdon Health (LSE:ABDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Abingdon Health PLC (LSE:ABDX) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

York Biotech Campus, Sand Hutton, York, GBR, YO41 1LZ

Website

https://www.abingdonhealth.com

Abingdon Health PLC is a technology-enabled lateral flow diagnostics company. It provides rapid testing solutions to clients in healthcare and other industries. The firm's product ABC-19 is an antibody test for Covid-19 , and also produces tests covering areas such as self-test HIV, equine infection, human fertility, etc. Business operating segments includes; Contract Development comprises development work for third parties. Contract Manufacturing comprises contract development and manufacturing activities. Product Sales comprises the sale of ABC-19, Pocket Diagnostic products, PCRD tests and antibodies for research use. Key revenue comes from Contract Development segment. Geographically it operates and earns revenue from the UK, USA and Canada, Europe and the rest of the world.

Abingdon Health (LSE:ABDX) Headlines

No Headlines