What is Psychemedics's Price/Book Ratio?

• Psychemedics's trailing twelve month (TTM) Price/Book ratio is 2.34.
• Psychemedics's annual Price/Book ratio as of today is 2.55.
• Psychemedics's quarterly Price/Book ratio is 2.38.

What is the Price/Book Ratio?

The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.

How is the Price/Book Ratio Calculated?

P/B Ratio = (Market Price per Share) / (Book Value per Share)

Related Metrics

Other important metrics to assess Psychemedics's financial health include:

• P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
  • Annual: -4.09
  • Quarterly: -4.13
  • TTM: -2.95
• P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
  • Annual: 0.77
  • Quarterly: 2.89
  • TTM: 0.65
• P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
  • Annual: -11.48
  • Quarterly: 113.92
  • TTM: -20.70
• PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
  • Annual: -0.01
  • Quarterly: -0.25
  • TTM: 0.01

These metrics provide insights into Psychemedics's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Psychemedics Historical Price/Book Ratio

Historical P/E Ratio

Historical P/S Ratio

Historical P/C Ratio

Historical PEG Ratio