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10x Genomics (MEX:TXG) PB Ratio : 3.74 (As of Oct. 31, 2024)


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What is 10x Genomics 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 (2024-10-31), 10x Genomics's share price is MXN440.00. 10x Genomics's Book Value per Share for the quarter that ended in Sep. 2024 was MXN117.58. Hence, 10x Genomics's PB Ratio of today is 3.74.

Good Sign:

10x Genomics Inc stock PB Ratio (=2.76) is close to 10-year low of 2.59

The historical rank and industry rank for 10x Genomics's PB Ratio or its related term are showing as below:

MEX:TXG' s PB Ratio Range Over the Past 10 Years
Min: 2.59   Med: 9.3   Max: 366.67
Current: 2.76

During the past 7 years, 10x Genomics's highest PB Ratio was 366.67. The lowest was 2.59. And the median was 9.30.

MEX:TXG's PB Ratio is ranked worse than
60.96% of 607 companies
in the Healthcare Providers & Services industry
Industry Median: 2.12 vs MEX:TXG: 2.76

During the past 12 months, 10x Genomics's average Book Value Per Share Growth Rate was -5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.00% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of 10x Genomics was 17.00% per year. The lowest was -3.00% per year. And the median was 7.00% per year.

Back to Basics: PB Ratio


10x Genomics PB Ratio Historical Data

The historical data trend for 10x Genomics'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.

10x Genomics PB Ratio Chart

10x Genomics Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 23.52 5.36 7.79

10x Genomics Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.49 7.79 8.26 3.34 3.74

Competitive Comparison of 10x Genomics's PB Ratio

For the Health Information Services subindustry, 10x Genomics'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.


10x Genomics's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, 10x Genomics's PB Ratio distribution charts can be found below:

* The bar in red indicates where 10x Genomics's PB Ratio falls into.



10x Genomics 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.

10x Genomics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=440.00/117.583
=3.74

* 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.


10x Genomics  (MEX:TXG) 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.


10x Genomics PB Ratio Related Terms

Thank you for viewing the detailed overview of 10x Genomics's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


10x Genomics Business Description

Traded in Other Exchanges
Address
6230 Stoneridge Mall Road, Pleasanton, CA, USA, 94588
10x Genomics Inc is a life science technology company based in the United States. Its solutions include instruments, consumables, and software for analyzing biological systems. The product portfolio of the company includes Chromium Controller, Reagent Kits, 10x Compatible Products, and Informatics Software among others. The majority of its revenue is generated from consumables.