TCRX (TScan Therapeutics) Book Value per Share: $1.02 (As of Jun. 2026)

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TCRX TScan Therapeutics Inc TCRX
44 GF Score
Price $0.73
GF Value $1.32
Valuation Possible Value Trap
! 6 Warning Signs
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What is TScan Therapeutics Book Value per Share?

TScan Therapeutics TCRX -3.15% 44 Book Value per Share is $1.02 as of Jun. 2026. GuruFocus rates TCRX with a GF Score™ of 44/100 and a GF Value™ of $1.32 (Possible Value Trap). The stock has 6 warning signs investors should review.

TScan Therapeutics's book value per share for the quarter that ended in Jun. 2026 was $1.02.

During the past 12 months, TScan Therapeutics's average Book Value Per Share Growth Rate was -67.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -19.20% 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 book value growth rate using book value per share data.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of TScan Therapeutics was -14.10% per year. The lowest was -19.20% per year. And the median was -16.65% per year.

TScan Therapeutics's current price is $0.7297. Its book value per share for the quarter that ended in Jun. 2026 was $1.02. Hence, today's PB Ratio of TScan Therapeutics is 0.72.

During the past 7 years, the highest P/B Ratio of TScan Therapeutics was 3.50. The lowest was 0.30. And the median was 0.65.


TScan Therapeutics  (NAS:TCRX) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


TScan Therapeutics Book Value per Share Related Terms


TScan Therapeutics Book Value per Share Historical Data

* Premium members only.

The historical data trend for TScan Therapeutics's Book Value per Share 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.

TScan Therapeutics Book Value per Share Chart

TScan Therapeutics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial 6.73 4.10 3.15 4.26 2.16

TScan Therapeutics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Book Value per Share 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 3.11 2.54 2.16 1.61 1.02

TCRX vs MCRB, HYPD, ELOX: Book Value per Share Comparison

For the Biotechnology subindustry, TScan Therapeutics's PB Ratio, along with its competitors' market caps and PB Ratio 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.


TScan Therapeutics PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, TScan Therapeutics's PB Ratio distribution charts can be found below:

* The bar in red indicates where TScan Therapeutics's PB Ratio falls into.


TCRX
44GF Score
TScan Therapeutics Inc TCRX
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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TScan Therapeutics Book Value per Share Calculation

TScan Therapeutics's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(123.12-0.00)/56.90
=2.16

TScan Therapeutics's Book Value Per Share for the quarter that ended in Jun. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(69.02-0.00)/67.78
=1.02

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $1.02 mean?
TScan Therapeutics (TCRX) has a Book Value per Share of $1.02 as of Jun. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on TScan Therapeutics and its competitors.
Is TScan Therapeutics' Book Value per Share too high?
TScan Therapeutics' current Book Value per Share is $1.02. Overall, TScan Therapeutics has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TScan Therapeutics' Book Value per Share compare to MCRB and HYPD?
TScan Therapeutics' Book Value per Share of $1.02 can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Biotechnology company?
A good Book Value per Share depends on the Biotechnology industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on TScan Therapeutics and its competitors. TScan Therapeutics's current Book Value per Share is $1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TScan Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, TScan Therapeutics (TCRX) is currently considered Possible Value Trap. The stock's GF Value™ is $1.32, compared to a current price of $0.73 — trading 44.7% below its estimated fair value. The current Book Value per Share is $1.02. TScan Therapeutics' overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For TScan Therapeutics (TCRX), the current Book Value per Share is $1.02 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TScan Therapeutics (TCRX) Overvalued in 2026?

Based on GuruFocus' analysis, TScan Therapeutics stock appears to be undervalued. The current stock price of $0.73 is trading 44.7% below its estimated GF Value™ of $1.32. GuruFocus considers TScan Therapeutics to be Possible Value Trap.

Key valuation signals for TCRX:

  • Book Value per Share: $1.02
  • GF Value™: $1.32 vs. price of $0.73 (44.7% below fair value)
  • GF Score™: 44/100 with 6 warning signs

No single metric tells the full story. See the TCRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TScan Therapeutics Business Description

Address 830 Winter Street, Waltham, MA, USA, 02451
TScan Therapeutics Inc is a fully integrated clinical-stage biotechnology company focused on developing a robust pipeline of T cell receptor (TCR)-engineered T cell, or TCR-T, therapies for the treatment of patients with cancer. The company's liquid tumor TCR-T therapy candidates, TSC-100 and TSC-101, are in development for the treatment of patients with hematologic malignancies to eliminate residual leukemia and prevent relapse after hematopoietic stem cell transplantation. It is also developing multiplexed TCR-T therapy candidates for the treatment of various solid tumors.
44GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.73
Price
$1.32
GF Value