From your description of the data, with a wide range and positive skew, it seems that analysis of variance or linear modeling of your raw data values will pose problems. Many standard statistical tests work best if the residual errors (after accounting for the treatment effects and so forth) are normally distributed; that seems highly unlikely in your case.
For these types of data, you will probably be better off if you take logarithms of your readings before you begin your statistical analysis. This is often done to get a more reliable handle on data like these; see this page as an introduction to discussion about this topic. That log transformation will often lead to a better statistical model.
Note that $log(A/B) = log(A) - log(B)$. So if you do analysis of variance or other linear modeling of your log-transformed data, the differences among data values (here, log-transformed) that are used in those analyses translate pretty directly into analyses of $A/B$ ratios.
You do have to be careful in the way you present your results. The mean values of log-transformed data represent geometric means in the original scale. The differences between 2 log-values for an individual will not be the same as the log of their difference on the original data scale, it will be the log of their ratio. You will have to decide how best to present the results in tabular or graphical form, whether to present the means in the log scale or to back-transform into the original scale. If you back-transform, confidence intervals will no longer be symmetric about the (back-transformed) mean value.
If interpretation of your data in terms of $A/B$ ratios makes sense from your knowledge of the subject matter, however, standard statistical analyses based on the logarithms of your data could work well.