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Karolinska Development AB (Karolinska Development AB) Price-to-Tangible-Book : 0.58 (As of May. 14, 2024)


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What is Karolinska Development AB Price-to-Tangible-Book?

As of today (2024-05-14), Karolinska Development AB's share price is $0.2576. Karolinska Development AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.44. Hence, Karolinska Development AB's Price to Tangible Book Ratio of today is 0.58.

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

KDEVF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.33   Med: 0.71   Max: 10.71
Current: 0.35

During the past 13 years, Karolinska Development AB's highest Price to Tangible Book Ratio was 10.71. The lowest was 0.33. And the median was 0.71.

KDEVF's Price-to-Tangible-Book is ranked better than
96.31% of 1220 companies
in the Biotechnology industry
Industry Median: 2.71 vs KDEVF: 0.35

A closely related ratio is called PB Ratio. As of today, Karolinska Development AB's share price is $0.2576. Karolinska Development AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.44. Hence, Karolinska Development AB's P/B Ratio of today is 0.58.


Karolinska Development AB Price-to-Tangible-Book Historical Data

The historical data trend for Karolinska Development 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.

Karolinska Development AB Price-to-Tangible-Book Chart

Karolinska Development AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.27 1.14 0.58 0.57

Karolinska Development AB 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 0.60 0.60 0.62 0.57 0.58

Competitive Comparison of Karolinska Development AB's Price-to-Tangible-Book

For the Biotechnology subindustry, Karolinska Development 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.


Karolinska Development AB's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

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



Karolinska Development AB Price-to-Tangible-Book Calculation

Karolinska Development AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.2576/0.444
=0.58

* 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.


Karolinska Development AB Price-to-Tangible-Book Related Terms

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Karolinska Development AB (Karolinska Development AB) Business Description

Traded in Other Exchanges
Address
TomtebodavAgen 23 A, Solna, SWE, SE-171 65
Karolinska Development AB is a life science investment company. It is focused on identifying breakthrough medical innovations in the Nordic region. It selects commercially attractive medical innovations, develops innovations to the stage where the return on investment can be achieved and commercializes the innovations through the sale of companies or out-licensing of products. The company focused on profiles namely Aprea Therapeutics; Modus Therapeutics; BioArctic; Umecrine Cognition; and OssDsign.