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Alkermes PLC (NAS:ALKS)
Price to Tangible Book Ratio
8.52 (As of Today)

As of today, Alkermes PLC's share price is $43.80. Alkermes PLC's Tangible Book Value per Share of Jun. 2014 for the quarter that ended in Jun. 2014 was $5.14. Hence, Alkermes PLC's Price to Tangible Book Ratio of today is 8.52.

ALKS' s 10-Year Price to Tangible Book Range
Min: 1.25   Max: 336
Current: 8.52

1.25
336

During the past 13 years, Alkermes PLC's highest Price to Tangible Book Ratio was 336.00. The lowest was 1.25. And the median was 7.71.

ALKS's Price to Tangible Bookis ranked higher than
73% of the 988 Companies
in the Global Biotechnology industry.

( Industry Median: 8.50 vs. ALKS: 8.52 )

A closely related ratio is called P/B Ratio. As of today, Alkermes PLC's share price is $43.80. Alkermes PLC's Book Value per Share for the quarter that ended in Jun. 2014 was $9.28. Hence, Alkermes PLC's P/B Ratio of today is 4.72.


Definition

Alkermes PLC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book Value per Share (Q: Jun. 2014 )
=43.80/5.14
=8.52

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

It can also be calculated from the numbers for the whole company:

Price to Tangible Book=Market Cap/Tangible Equity
=Market Cap/(Total Equity-Preferred Stock-Intangibles)

A closely related ratio is called P/B Ratio. The difference between Price-to-Tangible-Book Ratio and P/B 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.


Related Terms

P/B Ratio, Tangible Book Value per Share


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Alkermes PLC Annual Data

Mar04Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13
p2tangible_book 18.81207.6061.257.684.002.653.003.1716.8611.18

Alkermes PLC Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Mar14Jun14
p2tangible_book 18.2716.8612.1213.9310.1811.1811.9012.278.829.91
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