CollPlant Biotechnologies (XTAE:CLGN) Price-to-Tangible-Book : 0.79 (As of May. 27, 2024)

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What is CollPlant Biotechnologies Price-to-Tangible-Book?

As of today (2024-05-27), CollPlant Biotechnologies's share price is ₪0.43. CollPlant Biotechnologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₪0.54. Hence, CollPlant Biotechnologies's Price to Tangible Book Ratio of today is 0.79.

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

XTAE:CLGN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.87 Med: 2.92 Max: 3.93
Current: 1.87

During the past 12 years, CollPlant Biotechnologies's highest Price to Tangible Book Ratio was 3.93. The lowest was 1.87. And the median was 2.92.

XTAE:CLGN's Price-to-Tangible-Book is ranked better than
57.49% of 1221 companies
in the Biotechnology industry
Industry Median: 2.79 vs XTAE:CLGN: 1.87

A closely related ratio is called PB Ratio. As of today, CollPlant Biotechnologies's share price is ₪0.43. CollPlant Biotechnologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₪0.54. Hence, CollPlant Biotechnologies's P/B Ratio of today is 0.79.

CollPlant Biotechnologies Price-to-Tangible-Book Historical Data

The historical data trend for CollPlant Biotechnologies'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.

CollPlant Biotechnologies Price-to-Tangible-Book Chart

CollPlant Biotechnologies Annual Data

Trend

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Dec16

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Dec18

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Dec23

Price-to-Tangible-Book

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CollPlant Biotechnologies 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															-	-	-	-	-

Competitive Comparison of CollPlant Biotechnologies's Price-to-Tangible-Book

For the Biotechnology subindustry, CollPlant Biotechnologies'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.

CollPlant Biotechnologies's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

* The bar in red indicates where CollPlant Biotechnologies's Price-to-Tangible-Book falls into.

CollPlant Biotechnologies Price-to-Tangible-Book Calculation

CollPlant Biotechnologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.43	/	0.541
	=	0.79

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.

CollPlant Biotechnologies Price-to-Tangible-Book Related Terms

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CollPlant Biotechnologies (XTAE:CLGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » CollPlant Biotechnologies Ltd (XTAE:CLGN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CLGN:USA CPT:Germany

Address

4 Oppenheimer Street, P.O. Box 4132, Weizmann Science Park, Rehovot, ISR, 7670104

Website

https://www.collplant.com

CollPlant Biotechnologies Ltd is a regenerative and aesthetic medicine company focused on 3D bioprinting of tissues and organs and medical aesthetics. Its products are based on its rhCollagen (recombinant human collagen) produced with CollPlant's proprietary plant based genetic engineering technology. These products address indications for the diverse fields of tissue repair, aesthetics, and organ manufacturing. The company's revenues include income from business collaborators and sales of the BioInk product for the development of 3D bioprinting of organs and tissues, sales of rhCollagen for the medical aesthetics market, and sales in Europe of the products for tendinopathy and wound healing.