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Initiator Pharma A/S (OSTO:INIT) Price-to-Tangible-Book : 16.04 (As of Jun. 14, 2024)


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What is Initiator Pharma A/S Price-to-Tangible-Book?

As of today (2024-06-14), Initiator Pharma A/S's share price is kr10.30. Initiator Pharma A/S's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr0.64. Hence, Initiator Pharma A/S's Price to Tangible Book Ratio of today is 16.04.

The historical rank and industry rank for Initiator Pharma A/S's Price-to-Tangible-Book or its related term are showing as below:

OSTO:INIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.01   Med: 7.53   Max: 28.97
Current: 16.09

During the past 8 years, Initiator Pharma A/S's highest Price to Tangible Book Ratio was 28.97. The lowest was 2.01. And the median was 7.53.

OSTO:INIT's Price-to-Tangible-Book is ranked worse than
93.65% of 1212 companies
in the Biotechnology industry
Industry Median: 2.775 vs OSTO:INIT: 16.09

A closely related ratio is called PB Ratio. As of today, Initiator Pharma A/S's share price is kr10.30. Initiator Pharma A/S's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr0.64. Hence, Initiator Pharma A/S's P/B Ratio of today is 16.04.


Initiator Pharma A/S Price-to-Tangible-Book Historical Data

The historical data trend for Initiator Pharma A/S'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.

Initiator Pharma A/S Price-to-Tangible-Book Chart

Initiator Pharma A/S Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 13.56 6.76 7.37 6.31 28.97

Initiator Pharma A/S 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 8.55 16.59 26.05 28.97 14.17

Competitive Comparison of Initiator Pharma A/S's Price-to-Tangible-Book

For the Biotechnology subindustry, Initiator Pharma A/S'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.


Initiator Pharma A/S's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Initiator Pharma A/S's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Initiator Pharma A/S's Price-to-Tangible-Book falls into.



Initiator Pharma A/S Price-to-Tangible-Book Calculation

Initiator Pharma A/S's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=10.30/0.642
=16.04

* 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.


Initiator Pharma A/S Price-to-Tangible-Book Related Terms

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


Initiator Pharma A/S (OSTO:INIT) Business Description

Traded in Other Exchanges
N/A
Address
Co/ COBIS, Ole Maaloesvej 3, Copenhagen, DNK, 2200
Initiator Pharma A/S is a clinical Stage Life Science company engaged in the research and development of various drugs targeting medical needs within the central and peripheral nervous system. The company's principal drug candidate is the IPED2015, a type of monoamine reuptake inhibitor (MRI) that has completed preclinical development for the treatment of erectile dysfunction in men. Its MRI drug candidates also include IPDP2015 for the treatment of depression; and IPNP2015 to treat neuropathic pain.

Initiator Pharma A/S (OSTO:INIT) Headlines

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