Avricore Health (Avricore Health) Price-to-Tangible-Book : 7.46 (As of May. 30, 2024)

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

As of today (2024-05-30), Avricore Health's share price is $0.11185. Avricore Health's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.02. Hence, Avricore Health's Price to Tangible Book Ratio of today is 7.46.

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

AVCRF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.72 Med: 7.89 Max: 28
Current: 11.19

During the past 13 years, Avricore Health's highest Price to Tangible Book Ratio was 28.00. The lowest was 1.72. And the median was 7.89.

AVCRF's Price-to-Tangible-Book is ranked worse than
81.82% of 165 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.46 vs AVCRF: 11.19

A closely related ratio is called PB Ratio. As of today, Avricore Health's share price is $0.11185. Avricore Health's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.02. Hence, Avricore Health's P/B Ratio of today is 7.46.

Avricore Health Price-to-Tangible-Book Historical Data

The historical data trend for Avricore 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.

Avricore Health Price-to-Tangible-Book Chart

Avricore Health Annual Data

Trend

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

7.29

16.07

7.33

Avricore Health Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															7.75	16.07	13.66	12.51	7.33

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

For the Diagnostics & Research subindustry, Avricore 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.

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

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

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

Avricore Health Price-to-Tangible-Book Calculation

Avricore 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 )
	=	0.11185	/	0.015
	=	7.46

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.

Avricore Health Price-to-Tangible-Book Related Terms

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

Avricore Health (Avricore Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Avricore Health Inc (OTCPK:AVCRF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

8VP1:Germany AVCR:Canada

Address

1120 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.avricorehealth.com

Avricore Health Inc is a Canada based company. The company is involved in the business of health data and point-of-care technologies. The Company has only one segment, being the HealthTab - Point of Care Business in Canada. The Company's revenues are generated from operating leases of the POCT system and sale of testing panels.