As of today (2024-04-24), Cyanotech's share price is $0.3005. Cyanotech's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.01. Hence, Cyanotech's Price to Tangible Book Ratio of today is 0.15.
The historical rank and industry rank for Cyanotech's Price-to-Tangible-Book or its related term are showing as below:
CYAN'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.15 Med: 1.18 Max: 2.45
Current: 0.15
During the past 13 years, Cyanotech's highest Price to Tangible Book Ratio was 2.45. The lowest was 0.15. And the median was 1.18.
CYAN's Price-to-Tangible-Book is ranked better than 98.65% of 1700
companies
in the Consumer Packaged Goods industry
Industry Median: 1.66
vs CYAN: 0.15
A closely related ratio is called PB Ratio. As of today, Cyanotech's share price is $0.3005. Cyanotech's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.01. Hence, Cyanotech's P/B Ratio of today is 0.15.
Cyanotech Price-to-Tangible-Book Historical Data
The historical data trend for Cyanotech'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.
For the Packaged Foods subindustry, Cyanotech'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.
Cyanotech Price-to-Tangible-Book Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Cyanotech's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Cyanotech's Price-to-Tangible-Book falls into.
Cyanotech Price-to-Tangible-Book Calculation
Cyanotech's price-to-tangible-book ratio for today is calculated as:
* 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.
Cyanotech Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Cyanotech's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Cyanotech Corp is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The company's products include BioAstin Hawaiian Astaxanthin and Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids. BioAstin Hawaiian Astaxanthin is a dietary antioxidant shown to support and maintain the body's natural inflammatory response, enhance skin, and support eye and joint health. It derives maximum revenue from the Packaged product and geographically from the United States.
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