GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Odysight ai Inc (OTCPK:ODYS) » Definitions » PB Ratio

Odysight ai (Odysight ai) PB Ratio : 4.48 (As of May. 21, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Odysight ai 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 (2024-05-21), Odysight ai's share price is $6.50. Odysight ai's Book Value per Share for the quarter that ended in Mar. 2024 was $1.45. Hence, Odysight ai's PB Ratio of today is 4.48.

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

ODYS' s PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.77   Max: 22.29
Current: 4.48

During the past 11 years, Odysight ai's highest PB Ratio was 22.29. The lowest was 0.71. And the median was 2.77.

ODYS's PB Ratio is ranked worse than
88.24% of 2390 companies
in the Hardware industry
Industry Median: 1.87 vs ODYS: 4.48

During the past 12 months, Odysight ai's average Book Value Per Share Growth Rate was -35.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 20.60% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Odysight ai was 20.60% per year. The lowest was -43.80% per year. And the median was -11.60% per year.

Back to Basics: PB Ratio


Odysight ai PB Ratio Historical Data

The historical data trend for Odysight ai'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.

Odysight ai PB Ratio Chart

Odysight ai Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 6.12 2.90 3.02 1.79

Odysight ai Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.45 1.58 1.80 1.79 5.17

Competitive Comparison of Odysight ai's PB Ratio

For the Scientific & Technical Instruments subindustry, Odysight ai'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.


Odysight ai's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Odysight ai's PB Ratio distribution charts can be found below:

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



Odysight ai 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.

Odysight ai's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=6.50/1.45
=4.48

* 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.


Odysight ai  (OTCPK:ODYS) 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.


Odysight ai PB Ratio Related Terms

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


Odysight ai (Odysight ai) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Park, Suite 7A and 3B, P.O. Box 3030, Omer, ISR, 8496500
Odysight ai Inc is engaged in the development, production, and marketing of innovative Predictive Maintenance (PdM) and Condition Based Monitoring (CBM) technologies, providing visual sensing and AI-based video analytics solutions for critical systems in the aviation, maritime, industrial non-destructing-testing industries, transportation, and energy industries.

Odysight ai (Odysight ai) Headlines

From GuruFocus

ScoutCam Interview to Air on Bloomberg the RedChip Money Report� TV

By GuruFocusNews GuruFocusNews 06-19-2022