Renalytix (Renalytix) PB Ratio : 12.22 (As of May. 09, 2024)

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What is Renalytix 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 (2024-05-09), Renalytix's share price is $0.33. Renalytix's Book Value per Share for the quarter that ended in Dec. 2023 was $0.03. Hence, Renalytix's PB Ratio of today is 12.22.

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

RTNXF' s PB Ratio Range Over the Past 10 Years
Min: 1.73 Med: 9.82 Max: 22.88
Current: 12.62

During the past 6 years, Renalytix's highest PB Ratio was 22.88. The lowest was 1.73. And the median was 9.82.

RTNXF's PB Ratio is ranked worse than
95.48% of 597 companies
in the Healthcare Providers & Services industry
Industry Median: 2.21 vs RTNXF: 12.62

During the past 12 months, Renalytix's average Book Value Per Share Growth Rate was -78.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -50.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Renalytix was 38.50% per year. The lowest was -50.40% per year. And the median was -5.95% per year.

Back to Basics: PB Ratio

Renalytix PB Ratio Historical Data

The historical data trend for Renalytix'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.

Renalytix PB Ratio Chart

Renalytix Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

PB Ratio

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19.75

11.16

11.59

4.79

13.65

Renalytix Quarterly Data
	Dec18	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															6.32	8.70	13.65	-	5.71

Competitive Comparison of Renalytix's PB Ratio

For the Health Information Services subindustry, Renalytix'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.

Renalytix's PB Ratio Distribution in the Healthcare Providers & Services Industry

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

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

Renalytix 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.33	/	0.027
	=	12.22

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Renalytix (OTCPK:RTNXF) 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.

Renalytix PB Ratio Related Terms

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Renalytix (Renalytix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Renalytix PLC (OTCPK:RTNXF) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

RNLX:USA RENX:UK 2O9:Germany

Address

5-7 Cranwood Street, Finsgate, London, GBR, EC1V 9EE

Website

https://www.renalytix.com

Renalytix PLC is a developer of artificial intelligence-enabled clinical in vitro diagnostic solutions for kidney disease, one of the common and costly chronic medical conditions globally. The company's product is KidneyIntelX which is being designed to make improvements in kidney disease prognosis, transplant management, clinical care, patient stratification for drug clinical trials, and drug target discovery.