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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-24), Anika Therapeutics's share price is $25.90. Anika Therapeutics's Book Value per Share for the quarter that ended in Dec. 2023 was $14.48. Hence, Anika Therapeutics's PB Ratio of today is 1.79.
The historical rank and industry rank for Anika Therapeutics's PB Ratio or its related term are showing as below:
During the past 13 years, Anika Therapeutics's highest PB Ratio was 4.56. The lowest was 0.93. And the median was 2.38.
During the past 12 months, Anika Therapeutics's average Book Value Per Share Growth Rate was -25.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Anika Therapeutics was 42.80% per year. The lowest was -24.60% per year. And the median was 11.50% per year.
The historical data trend for Anika Therapeutics's PB Ratio 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.
Anika Therapeutics Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
PB Ratio | Get a 7-Day Free Trial | 2.57 | 2.38 | 1.80 | 1.52 | 1.57 |
Anika Therapeutics Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
PB Ratio | Get a 7-Day Free Trial | 1.52 | 1.53 | 1.39 | 1.01 | 1.57 |
For the Medical Instruments & Supplies subindustry, Anika Therapeutics's PB Ratio, along with its competitors' market caps and PB Ratio 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.
For the Medical Devices & Instruments industry and Healthcare sector, Anika Therapeutics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Anika Therapeutics's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Anika Therapeutics's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Dec. 2023) |
= | 25.90 | / | 14.479 | |
= | 1.79 |
* 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.
It can also be calculated from the numbers for the whole company:
PB Ratio | = | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock) |
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Anika Therapeutics (NAS:ANIK) PB Ratio Explanation
Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Thank you for viewing the detailed overview of Anika Therapeutics's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Anne Nunes | officer: SVP, Chief Operations Officer | 32 WIGGINS AVENUE, BEDFORD MA 01730 |
Gary P Fischetti | director | 600 TECHNOLOGY PARK DRIVE, 4TH FLOOR, BILLERICA MA 01821 |
David Colleran | officer: EVP, General Counsel, Corp Sec | 600 TECHNOLOGY PARK DRIVE, SUITE 200, BILLERICA MA 01821 |
Cheryl R Blanchard | director | C/O ZIMMER, INC., P.O. BOX 708, WARSAW IN 46580 |
Michael L Levitz | officer: EVP, CFO, Treasurer | C/O ANALOGIC CORPORATION, 8 CENTENNIAL DRIVE, PEABODY MA 01960 |
Sheryl L Conley | director | C/O NEURONETICS, INC., 3222 PHOENIXVILLE PIKE, MALVERN PA 19355 |
Henneman John B Iii | director | 311 C ENTERPRISE DRIVE, PLAINSBORO NJ 08536 |
Raymond J Land | director | |
Stephen Richard | director | C/O ANIKA THERAPEUTICS, INC., 32 WIGGINS AVENUE, BEDFORD MA 01730 |
James Loerop | officer: EVP Business Development | C/O ACLARIS THERAPEUTICS, INC., 640 LEE ROAD, SUITE 200, WAYNE PA 19087 |
Sylvia Cheung | officer: CFO | ANIKA THERAPEUTICS, INC., 32 WIGGINS AVENUE, BEDFORD MA 01730 |
Glenn R. Larsen | director | 32 WIGGINS AVENUE, BEDFORD MA 01730 |
Joseph I Bower | director | 32 WIGGINS AVENUE, BEDFORD MA 01730 |
Jeffery S Thompson | director | 1140 HAVENBROOK COURT, SUWANEE GA 30024 |
Joseph G Darling | officer: President | 501 MANDALAY AVE., UNIT 409, CLEARWATER BEACH FL 33767 |
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