Palatin Technologies (LTS:0KF3) 3-Year Book Growth Rate : -89.20% (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Palatin Technologies 3-Year Book Growth Rate?

Palatin Technologies's Book Value per Share for the quarter that ended in Mar. 2024 was $0.10.

During the past 12 months, Palatin Technologies's average Book Value per Share Growth Rate was -88.60% per year. During the past 3 years, the average Book Value per Share Growth Rate was -89.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was -62.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Palatin Technologies was 128.00% per year. The lowest was -89.20% per year. And the median was -21.90% per year.

Competitive Comparison of Palatin Technologies's 3-Year Book Growth Rate

For the Biotechnology subindustry, Palatin Technologies's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Palatin Technologies's 3-Year Book Growth Rate Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Palatin Technologies's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Palatin Technologies's 3-Year Book Growth Rate falls into.

Palatin Technologies 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Palatin Technologies (LTS:0KF3) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Palatin Technologies 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Palatin Technologies's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Palatin Technologies (LTS:0KF3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Palatin Technologies Inc (LTS:0KF3) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

PTN:USA PTN:Germany PTN:Germany

Address

4B Cedar Brook Drive, Cranbury, NJ, USA, 08512

Website

https://www.palatin.com

Palatin Technologies Inc is a part of the healthcare sector. The company is engaged in developing targeted, receptor-specific peptide therapeutics for the treatment of diseases with unmet medical needs and commercial potential. Its programs are based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems. Its main product in clinical development is bremelanotide, which treats hypoactive sexual desire disorder, which is a type of female sexual dysfunction.

Palatin Technologies (LTS:0KF3) Headlines

No Headlines