Forma Therapeutics Holdings (Forma Therapeutics Holdings) Price-to-Tangible-Book : 2.31 (As of May. 12, 2024)

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What is Forma Therapeutics Holdings Price-to-Tangible-Book?

As of today (2024-05-12), Forma Therapeutics Holdings's share price is $20.01. Forma Therapeutics Holdings's Tangible Book per Share of Jun. 2022 for the quarter that ended in Jun. 2022 was $8.67. Hence, Forma Therapeutics Holdings's Price to Tangible Book Ratio of today is 2.31.

The historical rank and industry rank for Forma Therapeutics Holdings's Price-to-Tangible-Book or its related term are showing as below:

FMTX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.8 Med: 2.03 Max: 4.93
Current: 2.31

During the past 4 years, Forma Therapeutics Holdings's highest Price to Tangible Book Ratio was 4.93. The lowest was 0.80. And the median was 2.03.

FMTX's Price-to-Tangible-Book is not ranked
in the Biotechnology industry.
Industry Median: 2.7 vs FMTX: 2.31

A closely related ratio is called PB Ratio. As of today, Forma Therapeutics Holdings's share price is $20.01. Forma Therapeutics Holdings's Book Value per Sharefor the quarter that ended in Jun. 2022 was $8.67. Hence, Forma Therapeutics Holdings's P/B Ratio of today is 2.31.

Forma Therapeutics Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Forma Therapeutics Holdings'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.

Forma Therapeutics Holdings Price-to-Tangible-Book Chart

Forma Therapeutics Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Price-to-Tangible-Book

2.54

1.35

Forma Therapeutics Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Price-to-Tangible-Book	Get a 7-Day Free Trial										2.03	2.02	1.35	0.96	0.80

Competitive Comparison of Forma Therapeutics Holdings's Price-to-Tangible-Book

For the Biotechnology subindustry, Forma Therapeutics Holdings'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.

Forma Therapeutics Holdings's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Forma Therapeutics Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Forma Therapeutics Holdings's Price-to-Tangible-Book falls into.

Forma Therapeutics Holdings Price-to-Tangible-Book Calculation

Forma Therapeutics Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2022 )
	=	20.01	/	8.665
	=	2.31

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Forma Therapeutics Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Forma Therapeutics Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Forma Therapeutics Holdings (Forma Therapeutics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Forma Therapeutics Holdings Inc (NAS:FMTX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 North Beacon Street, Suite 501, Watertown, MA, USA, 02472

Website

https://www.formatherapeutics.com

Forma Therapeutics Holdings Inc is a clinical-stage biopharmaceutical company. It is focused on the development and commercialization of novel therapeutics to transform the lives of patients with rare hematologic diseases and cancers. The firm's pipeline products are Etavopivat, FT-7051, FT-8225, and others.

Executives

Agustin Melian	officer: EVP, Research & Development	C/O ALLOVIR, INC., 139 MAIN STREET, SUITE 500, CAMBRIDGE MA 02142
Brian Andrew Lesser	officer: SVP, Commercial Officer	C/O FORMA THERAPEUTICS HOLDINGS, INC. 300 NORTH BEACON STREET SUITE 501 WATERTOWN MA 02472
Mary E. Wadlinger	officer: See Remarks	C/O FORMA THERAPEUTICS HOLDINGS, INC. 500 ARSENAL STREET, SUITE 100 WATERTOWN MA 02472
Jeannette Potts	officer: See Remarks	C/O FORMA THERAPEUTICS HOLDINGS, INC., 500 ARSENAL STREET, SUITE 100, WATERTOWN MA 02472
Frank D. Lee	director, officer: President and CEO	C/O FORMA THERAPEUTICS HOLDINGS, INC., 500 ARSENAL STREET, SUITE 100, WATERTOWN MA 02472
David N Cook	officer: SVP, Chief Scientific Officer
Patrick F. Kelly	officer: SVP, Chief Medical Officer	C/O FORMA THERAPEUTICS HOLDINGS, INC. 500 ARSENAL STREET, SUITE 100 WATERTOWN MA 02472
Todd Shegog	officer: SVP, Chief Financial Officer	200 SIDNEY STREET, SUITE 320, C/O SYNLOGIC, INC., CAMBRIDGE MA 02139
Arturo Md Molina	director	10990 WILSHIRE BLVD, SUITE 1200, LOS ANGELES CA 90024
John E Bishop	officer: Chief Technology Officer	675 WEST KENDALL STREET, CAMBRIDGE MA 02142
Vickers Selwyn M Md	director	600 NORTH 18TH STREET, BIRMINGHAM AL 35203
Thomas G Wiggans	director
Frederick Wayne A.i.	director	500 W MAIN ST., LOUISVILLE KY 40202
Peter Kolchinsky	director, 10 percent owner	200 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Ra Capital Healthcare Fund Lp	10 percent owner	200 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116