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SynAct Pharma AB (OSTO:SYNACT) Price-to-Tangible-Book : 10.66 (As of May. 22, 2024)


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

As of today (2024-05-22), SynAct Pharma AB's share price is kr7.195. SynAct Pharma AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr0.68. Hence, SynAct Pharma AB's Price to Tangible Book Ratio of today is 10.66.

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

OSTO:SYNACT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.73   Med: 12.08   Max: 177.4
Current: 10.58

During the past 8 years, SynAct Pharma AB's highest Price to Tangible Book Ratio was 177.40. The lowest was 2.73. And the median was 12.08.

OSTO:SYNACT's Price-to-Tangible-Book is ranked worse than
88.31% of 1223 companies
in the Biotechnology industry
Industry Median: 2.85 vs OSTO:SYNACT: 10.58

A closely related ratio is called PB Ratio. As of today, SynAct Pharma AB's share price is kr7.195. SynAct Pharma AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr4.95. Hence, SynAct Pharma AB's P/B Ratio of today is 1.45.


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

The historical data trend for SynAct 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.

SynAct Pharma AB Price-to-Tangible-Book Chart

SynAct Pharma AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 9.75 68.15 177.40 19.10 13.08

SynAct Pharma AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 19.10 42.72 196.31 - 13.08

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

For the Biotechnology subindustry, SynAct 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.


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

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

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



SynAct Pharma AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=7.195/0.675
=10.66

* 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.


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

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


SynAct Pharma AB (OSTO:SYNACT) Business Description

Traded in Other Exchanges
Address
Sheelevagen 2, Lund, SWE, 223 81
SynAct Pharma AB is a clinical-stage biotech company focused on resolving inflammation through selective activation of the melanocortin system. The company has a platform technology based on a new class of drug candidates that target acute exacerbations in chronic inflammatory diseases with the primary aim of stimulating natural healing mechanisms. AP1189, the company's lead drug candidate, is being evaluated in three Phase 2 clinical programs regarding rheumatoid arthritis, idiopathic membranous glomerulonephritis and virus-induced respiratory failure.

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