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Biorem (TSXV:BRM) PB Ratio : 4.63 (As of May. 17, 2024)


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What is Biorem 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), Biorem's share price is C$1.98. Biorem's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.43. Hence, Biorem's PB Ratio of today is 4.63.

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

TSXV:BRM' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 2.06   Max: 83.33
Current: 4.6

During the past 13 years, Biorem's highest PB Ratio was 83.33. The lowest was 0.73. And the median was 2.06.

TSXV:BRM's PB Ratio is ranked worse than
84.03% of 2930 companies
in the Industrial Products industry
Industry Median: 1.94 vs TSXV:BRM: 4.60

During the past 12 months, Biorem's average Book Value Per Share Growth Rate was 46.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Biorem was 216.70% per year. The lowest was -82.20% per year. And the median was -1.20% per year.

Back to Basics: PB Ratio


Biorem PB Ratio Historical Data

The historical data trend for Biorem'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.

Biorem PB Ratio Chart

Biorem 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 1.32 1.54 7.09 3.01 2.34

Biorem 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 3.01 3.82 4.15 2.97 2.34

Competitive Comparison of Biorem's PB Ratio

For the Pollution & Treatment Controls subindustry, Biorem'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.


Biorem's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Biorem's PB Ratio distribution charts can be found below:

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



Biorem 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.98/0.428
=4.63

* 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.


Biorem  (TSXV:BRM) 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.


Biorem PB Ratio Related Terms

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


Biorem (TSXV:BRM) Business Description

Traded in Other Exchanges
Address
7496 Wellington Road 34, RR Number 3, Puslinch, Guelph, ON, CAN, N1H 6H9
Biorem Inc is an environmental biotechnology company. It designs, manufactures and distributes a comprehensive line of air emissions control systems used to eliminate odours, volatile organic compounds, and hazardous air pollutants. The company's products include Biofilters, Biogas Solutions, Multi-Stage Systems, Biotrickling filters, and services such as Media Sampling and Analysis, Biological processes and testing, Media replacements and Spare parts, and other related services. The company derives revenues from the sale of standard products, construction projects for specialized products, and services for repairs and maintenance. The group has a business presence in Canada, the United States, China and others, of which key revenue is derived from the United States.

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