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Ascelia Pharma AB (OSTO:ACE) Price-to-Tangible-Book : 58.08 (As of May. 22, 2024)


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What is Ascelia Pharma AB Price-to-Tangible-Book?

As of today (2024-05-22), Ascelia Pharma AB's share price is kr9.99. Ascelia Pharma AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr0.17. Hence, Ascelia Pharma AB's Price to Tangible Book Ratio of today is 58.08.

The historical rank and industry rank for Ascelia Pharma AB's Price-to-Tangible-Book or its related term are showing as below:

OSTO:ACE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.12   Med: 4.06   Max: 19.59
Current: 19.59

During the past 7 years, Ascelia Pharma AB's highest Price to Tangible Book Ratio was 19.59. The lowest was 2.12. And the median was 4.06.

OSTO:ACE's Price-to-Tangible-Book is ranked worse than
95.5% of 1223 companies
in the Biotechnology industry
Industry Median: 2.85 vs OSTO:ACE: 19.59

A closely related ratio is called PB Ratio. As of today, Ascelia Pharma AB's share price is kr9.99. Ascelia Pharma AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr1.86. Hence, Ascelia Pharma AB's P/B Ratio of today is 5.36.


Ascelia Pharma AB Price-to-Tangible-Book Historical Data

The historical data trend for Ascelia Pharma AB'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.

* Premium members only.

Ascelia Pharma AB Price-to-Tangible-Book Chart

Ascelia Pharma AB Annual Data
Trend Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 2.12 8.88 4.01 4.06 6.59

Ascelia Pharma AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.70 11.64 4.81 6.59 53.55

Competitive Comparison of Ascelia Pharma AB's Price-to-Tangible-Book

For the Biotechnology subindustry, Ascelia Pharma AB'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.


Ascelia Pharma AB's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ascelia Pharma AB's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ascelia Pharma AB's Price-to-Tangible-Book falls into.



Ascelia Pharma AB Price-to-Tangible-Book Calculation

Ascelia Pharma AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=9.99/0.172
=58.08

* 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:

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.


Ascelia Pharma AB Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Ascelia Pharma AB's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Ascelia Pharma AB (OSTO:ACE) Business Description

Traded in Other Exchanges
Address
Hyllie Boulevard 34, Malmo, SWE, SE-215 32
Ascelia Pharma AB is an oncology-dedicated drug development company located in Malmo, Sweden, focused on the development of novel drugs to improve the life expectancy and quality of life for people living with cancer. The company is focused on two clinical-stage product candidates under development: Mangoral and Oncoral.

Ascelia Pharma AB (OSTO:ACE) Headlines

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