The historical rank and industry rank for Achieve Life Sciences's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Achieve Life Sciences's highest Price to Tangible Book Ratio was 7.49. The lowest was 0.65. And the median was 1.48.
ACHV's Price-to-Tangible-Book is not ranked *
in the Biotechnology industry.
Industry Median: 2.68 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Achieve Life Sciences Price-to-Tangible-Book Historical Data
The historical data trend for Achieve Life Sciences'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.
Achieve Life Sciences Price-to-Tangible-Book Chart
Competitive Comparison of Achieve Life Sciences's Price-to-Tangible-Book
For the Biotechnology subindustry, Achieve Life Sciences'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.
Achieve Life Sciences's Price-to-Tangible-Book Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Achieve Life Sciences's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Achieve Life Sciences's Price-to-Tangible-Book falls into.
Achieve Life Sciences Price-to-Tangible-Book Calculation
* 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.
Achieve Life Sciences Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Achieve Life Sciences's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Achieve Life Sciences (Achieve Life Sciences) Business Description
Achieve Life Sciences Inc is a specialty pharmaceutical company committed to advancing cytisinicline as a widely available treatment option to help people battling nicotine addiction. It is an established smoking cessation treatment that has been approved and marketed in Central and Eastern Europe. Achieve's focus is to address the global smoking health epidemic through the development and commercialization of cytisinicline. It has one operating segment, dedicated to the development and commercialization of cytisinicline for nicotine addiction.
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