As of today (2024-04-26), Ignyta's share price is $26.95. Ignyta's Tangible Book per Share of Sep. 2017 for the quarter that ended in Sep. 2017 was $1.56. Hence, Ignyta's Price to Tangible Book Ratio of today is 17.23.
The historical rank and industry rank for Ignyta's Price-to-Tangible-Book or its related term are showing as below:
RXDX'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.
A closely related ratio is called PB Ratio. As of today, Ignyta's share price is $26.95. Ignyta's Book Value per Sharefor the quarter that ended in Sep. 2017 was $1.56. Hence, Ignyta's P/B Ratio of today is 17.23.
Ignyta Price-to-Tangible-Book Historical Data
The historical data trend for Ignyta'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.
Competitive Comparison of Ignyta's Price-to-Tangible-Book
For the Biotechnology subindustry, Ignyta'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.
Ignyta's Price-to-Tangible-Book Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Ignyta's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ignyta's Price-to-Tangible-Book falls into.
Ignyta Price-to-Tangible-Book Calculation
Ignyta'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.
Ignyta Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Ignyta's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ignyta is an oncology biotechnology company. Its research is targeting tumor reduction and cancer treatment through both integrated therapeutic and companion diagnostics. The integrated therapeutic segment aims to discover, develop, and commercialize molecularly targeted therapies. The companion diagnostic segment aims to pair the discovered therapies with biomarker-based companion diagnostics to precisely identify, at the molecular level, patients likely to have good results. The company's portfolio includes compounds to treat adult patient populations for solid tumors, pediatric patients with advanced solid tumor malignancies, and patients with superficial and nodular basal cell carcinoma.
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