BioLight Life Sciences (BioLight Life Sciences) Price-to-Tangible-Book : 252.71 (As of Apr. 28, 2024)

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What is BioLight Life Sciences Price-to-Tangible-Book?

As of today (2024-04-28), BioLight Life Sciences's share price is $32.60. BioLight Life Sciences's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.13. Hence, BioLight Life Sciences's Price to Tangible Book Ratio of today is 252.71.

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

BOLT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.12 Med: 0.8 Max: 24.13
Current: 0.54

During the past 12 years, BioLight Life Sciences's highest Price to Tangible Book Ratio was 24.13. The lowest was 0.12. And the median was 0.80.

BOLT's Price-to-Tangible-Book is ranked better than
93.36% of 1220 companies
in the Biotechnology industry
Industry Median: 2.65 vs BOLT: 0.54

A closely related ratio is called PB Ratio. As of today, BioLight Life Sciences's share price is $32.60. BioLight Life Sciences's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.13. Hence, BioLight Life Sciences's P/B Ratio of today is 246.97.

BioLight Life Sciences Price-to-Tangible-Book Historical Data

The historical data trend for BioLight Life Sciences'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.

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BioLight Life Sciences Price-to-Tangible-Book Chart

BioLight Life Sciences Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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BioLight Life Sciences Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of BioLight Life Sciences's Price-to-Tangible-Book

For the Biotechnology subindustry, BioLight Life Sciences'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.

BioLight Life Sciences's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BioLight Life Sciences's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where BioLight Life Sciences's Price-to-Tangible-Book falls into.

BioLight Life Sciences Price-to-Tangible-Book Calculation

BioLight Life Sciences's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	32.60	/	0.129
	=	252.71

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.

BioLight Life Sciences Price-to-Tangible-Book Related Terms

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BioLight Life Sciences (BioLight Life Sciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BioLight Life Sciences Ltd (NAS:BOLT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BOLT:Israel

Address

Kiryat Atidim, Building 7, Entrance 1, 2nd Floor, Tel-Aviv, ISR, 6158101

Website

http://www.bio-light.co.il

BioLight Life Sciences Ltd is an emerging global ophthalmic company. It is engaged in the discovery, development, and commercialization of products and product candidates which address ophthalmic conditions, including glaucoma, dry eye syndrome and age-related macular degeneration. The firm's products include ioptimate, eye-d technology, and diagnostear. The company has the Eye cluster and the Cancer diagnostics cluster operating segments. It derives the majority of its revenues from the Eye cluster segment.