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VentriPoint Diagnostics (TSXV:VPT) PB Ratio : (As of Jun. 03, 2024)


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What is VentriPoint Diagnostics 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 (2024-06-03), VentriPoint Diagnostics's share price is C$0.22. VentriPoint Diagnostics's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.00. Hence, VentriPoint Diagnostics's PB Ratio of today is .

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

TSXV:VPT' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 245
Current: 220

During the past 13 years, VentriPoint Diagnostics's highest PB Ratio was 245.00. The lowest was 0.00. And the median was 0.00.

TSXV:VPT's PB Ratio is ranked worse than
99.87% of 788 companies
in the Medical Devices & Instruments industry
Industry Median: 2.275 vs TSXV:VPT: 220.00

During the past 12 months, VentriPoint Diagnostics's average Book Value Per Share Growth Rate was -96.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of VentriPoint Diagnostics was 63.20% per year. The lowest was -17.70% per year. And the median was 19.90% per year.

Back to Basics: PB Ratio


VentriPoint Diagnostics PB Ratio Historical Data

The historical data trend for VentriPoint Diagnostics'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.

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VentriPoint Diagnostics PB Ratio Chart

VentriPoint Diagnostics 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 - - 6.39 9.31 295.00

VentriPoint Diagnostics 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 9.31 9.32 9.33 23.75 295.00

Competitive Comparison of VentriPoint Diagnostics's PB Ratio

For the Medical Devices subindustry, VentriPoint Diagnostics'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.


VentriPoint Diagnostics's PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, VentriPoint Diagnostics's PB Ratio distribution charts can be found below:

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



VentriPoint Diagnostics 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.

VentriPoint Diagnostics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=0.22/0.001
=

* 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.


VentriPoint Diagnostics  (TSXV:VPT) 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.


VentriPoint Diagnostics PB Ratio Related Terms

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


VentriPoint Diagnostics (TSXV:VPT) Business Description

Traded in Other Exchanges
Address
18 Hook Avenue, Unit 101, Toronto, ON, CAN, M6P 1T4
VentriPoint Diagnostics Ltd is a medical device company engaged in the development and commercialization of diagnostic tools that monitor patients with heart disease. It develops applications for heart diseases and imaging modalities which includes congenital heart disease, left or right heart failure, and normal hearts. It sells its products in Canada and internationally.
Executives
Robert Hodgkinson Director

VentriPoint Diagnostics (TSXV:VPT) Headlines

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