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AcouSort AB (OSTO:ACOU) PB Ratio : 6.27 (As of May. 23, 2024)


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What is AcouSort AB 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), AcouSort AB's share price is kr10.15. AcouSort AB's Book Value per Share for the quarter that ended in Dec. 2023 was kr1.62. Hence, AcouSort AB's PB Ratio of today is 6.27.

Good Sign:

AcouSort AB stock PB Ratio (=6.33) is close to 5-year low of 6.19

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

OSTO:ACOU' s PB Ratio Range Over the Past 10 Years
Min: 6.17   Med: 12.96   Max: 346.77
Current: 6.26

During the past 11 years, AcouSort AB's highest PB Ratio was 346.77. The lowest was 6.17. And the median was 12.96.

OSTO:ACOU's PB Ratio is ranked worse than
81.19% of 1313 companies
in the Biotechnology industry
Industry Median: 2.54 vs OSTO:ACOU: 6.26

During the past 12 months, AcouSort AB's average Book Value Per Share Growth Rate was 13.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 59.30% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of AcouSort AB was 437.70% per year. The lowest was -21.90% per year. And the median was 29.85% per year.

Back to Basics: PB Ratio


AcouSort AB PB Ratio Historical Data

The historical data trend for AcouSort AB'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.

AcouSort AB PB Ratio Chart

AcouSort AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 28.32 10.23 10.35 9.60

AcouSort AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.35 13.70 16.75 41.10 9.60

Competitive Comparison of AcouSort AB's PB Ratio

For the Biotechnology subindustry, AcouSort AB'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.


AcouSort AB's PB Ratio Distribution in the Biotechnology Industry

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

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



AcouSort AB 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.

AcouSort AB's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=10.15/1.619
=6.27

* 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.


AcouSort AB  (OSTO:ACOU) 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.


AcouSort AB PB Ratio Related Terms

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


AcouSort AB (OSTO:ACOU) Business Description

Traded in Other Exchanges
Address
Medicon Village, Lund, SWE, SE-223 81
AcouSort AB is a company that specializes in products and solutions for the automated preparation of biological samples for researchers and life science companies. Its technology is based on using ultrasound to isolate, separate or trap microscopic particles such as blood cells, bacteria, or extracellular vesicles in microfluidic channels. The company products include AcouTrap, AcouWash, and AcouPlasma.

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