Prenetics Global (Prenetics Global) PB Ratio : 0.34 (As of May. 17, 2024)

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What is Prenetics Global 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 (2024-05-17), Prenetics Global's share price is $5.8039. Prenetics Global's Book Value per Share for the quarter that ended in Dec. 2023 was $16.91. Hence, Prenetics Global's PB Ratio of today is 0.34.

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

PRE' s PB Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.59 Max: 2.17
Current: 0.35

During the past 5 years, Prenetics Global's highest PB Ratio was 2.17. The lowest was 0.17. And the median was 0.59.

PRE's PB Ratio is ranked better than
96.59% of 205 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.15 vs PRE: 0.35

During the past 12 months, Prenetics Global's average Book Value Per Share Growth Rate was -34.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 59.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Prenetics Global was 59.10% per year. The lowest was 59.10% per year. And the median was 59.10% per year.

Back to Basics: PB Ratio

Prenetics Global PB Ratio Historical Data

The historical data trend for Prenetics Global'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.

Prenetics Global PB Ratio Chart

Prenetics Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.16

0.35

Prenetics Global Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial									1.16	0.67	0.75	0.39	0.35

Competitive Comparison of Prenetics Global's PB Ratio

For the Diagnostics & Research subindustry, Prenetics Global'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.

Prenetics Global's PB Ratio Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Prenetics Global's PB Ratio falls into.

Prenetics Global 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.

Prenetics Global's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	5.8039	/	16.907
	=	0.34

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.

Prenetics Global (NAS:PRE) 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.

Prenetics Global PB Ratio Related Terms

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Prenetics Global (Prenetics Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Prenetics Global Ltd (NAS:PRE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 701-706, K11 Atelier King’s Road, 728 King’s Road, Quarry Bay, Hong Kong, HKG

Website

https://www.prenetics.com

Prenetics Global Ltd is a diagnostic and genetic testing company. It is a genomics and precision oncology company that has devised a method to integrate early detection for cancer, targeted therapy and direct-to-consumer genetic testing services into one comprehensive platform. It operates in two segments. The prevention segment includes the design & sale of genetics testing (including update services) & stool-based DNA tests for early colorectal cancer screening. The diagnostic segment includes the sale of COVID-19 testing services & products and precision oncology services. The majority of revenue is from the diagnostics segment. Geographically, it operates in Hong Kong and the United Kingdom, out of which the majority is from Hong Kong.