Abingdon Health (Abingdon Health) Price-to-Tangible-Book : 3.89 (As of May. 17, 2024)

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What is Abingdon Health Price-to-Tangible-Book?

As of today (2024-05-17), Abingdon Health's share price is $0.07. Abingdon Health's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.02. Hence, Abingdon Health's Price to Tangible Book Ratio of today is 3.89.

The historical rank and industry rank for Abingdon Health's Price-to-Tangible-Book or its related term are showing as below:

ABDXF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.95 Med: 2.34 Max: 7.86
Current: 7

During the past 6 years, Abingdon Health's highest Price to Tangible Book Ratio was 7.86. The lowest was 1.95. And the median was 2.34.

ABDXF's Price-to-Tangible-Book is ranked worse than
87.95% of 166 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.595 vs ABDXF: 7.00

A closely related ratio is called PB Ratio. As of today, Abingdon Health's share price is $0.07. Abingdon Health's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.02. Hence, Abingdon Health's P/B Ratio of today is 3.68.

Abingdon Health Price-to-Tangible-Book Historical Data

The historical data trend for Abingdon Health's Price-to-Tangible-Book 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.

Abingdon Health Price-to-Tangible-Book Chart

Abingdon Health Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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2.33

Abingdon Health Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					-	-	1.75	2.33	3.89

Competitive Comparison of Abingdon Health's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, Abingdon Health's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Abingdon Health's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Abingdon Health's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Abingdon Health's Price-to-Tangible-Book falls into.

Abingdon Health Price-to-Tangible-Book Calculation

Abingdon Health's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.07	/	0.018
	=	3.89

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Abingdon Health Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Abingdon Health's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Abingdon Health (Abingdon Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Abingdon Health PLC (OTCPK:ABDXF) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

ABDX:UK

Address

York Biotech Campus, Sand Hutton, York, GBR, YO41 1LZ

Website

https://www.abingdonhealth.com

Abingdon Health PLC is a technology-enabled lateral flow diagnostics company. It provides rapid testing solutions to clients in healthcare and other industries. The firm's product ABC-19 is an antibody test for Covid-19 , and also produces tests covering areas such as self-test HIV, equine infection, human fertility, etc. Business operating segments includes; Contract Development comprises development work for third parties. Contract Manufacturing comprises contract development and manufacturing activities. Product Sales comprises the sale of ABC-19, Pocket Diagnostic products, PCRD tests and antibodies for research use. Key revenue comes from Contract Development segment. Geographically it operates and earns revenue from the UK, USA and Canada, Europe and the rest of the world.

Abingdon Health (Abingdon Health) Headlines

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