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Cybin (CYBN) PB Ratio : 1.55 (As of May. 23, 2024)


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What is Cybin 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 (2024-05-23), Cybin's share price is $0.3449. Cybin's Book Value per Share for the quarter that ended in Dec. 2023 was $0.22. Hence, Cybin's PB Ratio of today is 1.55.

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

CYBN' s PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.32   Max: 7.02
Current: 1.5

During the past 4 years, Cybin's highest PB Ratio was 7.02. The lowest was 0.55. And the median was 1.32.

CYBN's PB Ratio is ranked better than
68.24% of 1313 companies
in the Biotechnology industry
Industry Median: 2.54 vs CYBN: 1.50

During the past 12 months, Cybin's average Book Value Per Share Growth Rate was 0.70% per year.

Back to Basics: PB Ratio


Cybin PB Ratio Historical Data

The historical data trend for Cybin'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.

Cybin PB Ratio Chart

Cybin Annual Data
Trend Mar20 Mar21 Mar22 Mar23
PB Ratio
- 2.40 2.25 2.14

Cybin Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 1.36 2.14 2.64 3.82 1.85

Competitive Comparison of Cybin's PB Ratio

For the Biotechnology subindustry, Cybin'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.


Cybin's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Cybin's PB Ratio distribution charts can be found below:

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



Cybin 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.

Cybin's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.3449/0.222
=1.55

* 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 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.


Cybin  (AMEX:CYBN) 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.


Cybin PB Ratio Related Terms

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Cybin (CYBN) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
Cybin Inc is a biopharmaceutical company involved in creating safe and effective therapeutics for patients to address a multitude of mental health issues. The company is focused on advancing psychedelic-based therapies, delivery mechanisms, novel compounds and protocols as potential treatments for various psychiatric and neurological conditions.