Truscreen Group Ltd
ASX:TRU

Watchlist Manager
Truscreen Group Ltd Logo
Truscreen Group Ltd
ASX:TRU
Watchlist
Price: 0.015 AUD 7.14% Market Closed
Market Cap: AU$8.3m

P/B

3.8
Current
30%
Cheaper
vs 3-y average of 5.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.8
=
Market Cap
AU$14.2m
/
Total Equity
NZ$3.4m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
3.8
=
Market Cap
AU$14.2m
/
Total Equity
NZ$3.4m

Valuation Scenarios

Truscreen Group Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (5.4), the stock would be worth AU$0.02 (43% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-75%
Maximum Upside
+43%
Average Downside
11%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 3.8 AU$0.02
0%
3-Year Average 5.4 AU$0.02
+43%
5-Year Average 5.4 AU$0.02
+43%
Industry Average 0.9 AU$0
-75%
Country Average 1.8 AU$0.01
-53%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
NZ
Truscreen Group Ltd
ASX:TRU
12.7m AUD 3.8 -5.1
US
Intuitive Surgical Inc
NASDAQ:ISRG
165.7B USD 9.3 58
US
Abbott Laboratories
NYSE:ABT
163B USD 3.1 26
US
Stryker Corp
NYSE:SYK
122.9B USD 5.5 37.9
IE
Medtronic PLC
NYSE:MDT
105.1B USD 2.1 22.8
US
Boston Scientific Corp
NYSE:BSX
86.7B USD 3.6 24.3
US
Edwards Lifesciences Corp
NYSE:EW
47.8B USD 4.6 43.6
DE
Siemens Healthineers AG
XETRA:SHL
39.8B EUR 2.1 18.7
US
IDEXX Laboratories Inc
NASDAQ:IDXX
45.3B USD 28.2 42.8
US
Becton Dickinson and Co
NYSE:BDX
42.6B USD 1.7 24.2
US
Resmed Inc
NYSE:RMD
31.6B USD 5 21.3

Market Distribution

In line with most companies in New Zealand
Percentile
69th
Based on 235 companies
69th percentile
3.3
Low
0.3 — 1
Typical Range
1 — 3.4
High
3.4 —
Distribution Statistics
New Zealand
Min 0.3
30th Percentile 1
Median 1.8
70th Percentile 3.4
Max 11.6

Truscreen Group Ltd
Glance View

Market Cap
8.3m AUD
Industry
Health Care

TruScreen Group Ltd. engages in the development, manufacture, and sale of cancer detection device and systems. The firm is engaged in the business of the development, manufacturing and sale of cancer detection devices and systems. Its cervical cancer screening device offers technology in cervical screening, providing detection of precancerous and cancerous cervical cells to help improve the health and well-being of women worldwide. Its real-time cervical cancer technology utilizes a digital wand, which is placed on the surface of the cervix to measure electrical and optical signals from the surrounding tissues. A sophisticated algorithm framework is utilized to detect pre-cancerous change, or cervical intraepithelial neoplasia (CIN), by optical and electrical measurement of cervical tissue. The product offers an approach to cervical screening, resolving ongoing issues with Pap smear (Pap tests), including failed samples, patient follow-up, patient discomfort and the need for supporting laboratory infrastructure.

TRU Intrinsic Value
0.009 AUD
Overvaluation 40%
Intrinsic Value
Price AU$0.015
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett