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Medicus Pharma (Medicus Pharma) PB Ratio : 33.00 (As of May. 12, 2024)


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What is Medicus Pharma 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 (2024-05-12), Medicus Pharma's share price is $1.65. Medicus Pharma's Book Value per Share for the quarter that ended in Dec. 2023 was $0.05. Hence, Medicus Pharma's PB Ratio of today is 33.00.

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

MDPLF' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 32.39
Current: 32.39

During the past 3 years, Medicus Pharma's highest PB Ratio was 32.39. The lowest was 0.00. And the median was 0.00.

MDPLF's PB Ratio is ranked worse than
98.33% of 956 companies
in the Drug Manufacturers industry
Industry Median: 2.01 vs MDPLF: 32.39

Back to Basics: PB Ratio


Medicus Pharma PB Ratio Historical Data

The historical data trend for Medicus Pharma'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.

Medicus Pharma PB Ratio Chart

Medicus Pharma Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - -

Medicus Pharma Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Medicus Pharma's PB Ratio

For the Drug Manufacturers - General subindustry, Medicus Pharma'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.


Medicus Pharma's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Medicus Pharma's PB Ratio distribution charts can be found below:

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



Medicus Pharma 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.

Medicus Pharma's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.65/0.05
=33.00

* 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.


Medicus Pharma  (OTCPK:MDPLF) 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.


Medicus Pharma PB Ratio Related Terms

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Medicus Pharma (Medicus Pharma) Business Description

Comparable Companies
Traded in Other Exchanges
Address
100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4
Medicus Pharma Ltd will carry on the business of pharmaceutical drug development focused initially on SkinJect. The objective of SkinJect is developing and commercializing novel microneedle arrays for the purpose of treating certain skin cancers, initially basal cell carcinoma.

Medicus Pharma (Medicus Pharma) Headlines

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