Sol-Gel Technologies (Sol-Gel Technologies) Price-to-Tangible-Book

: 0.67 (As of Today)

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As of today (2024-04-23), Sol-Gel Technologies's share price is $0.9252. Sol-Gel Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.39. Hence, Sol-Gel Technologies's Price to Tangible Book Ratio of today is 0.67.

The historical rank and industry rank for Sol-Gel Technologies's Price-to-Tangible-Book or its related term are showing as below:

SLGL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 2.79 Max: 6.67
Current: 0.67

During the past 9 years, Sol-Gel Technologies's highest Price to Tangible Book Ratio was 6.67. The lowest was 0.67. And the median was 2.79.

SLGL's Price-to-Tangible-Book is ranked better than
90.42% of 1221 companies
in the Biotechnology industry
Industry Median: 2.67 vs SLGL: 0.67

A closely related ratio is called PB Ratio. As of today, Sol-Gel Technologies's share price is $0.9252. Sol-Gel Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.39. Hence, Sol-Gel Technologies's P/B Ratio of today is 0.67.

Sol-Gel Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Sol-Gel Technologies'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.

Sol-Gel Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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6.67

4.43

3.08

2.50

0.80

Sol-Gel Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.50	2.04	1.72	1.05	0.80

Competitive Comparison

For the Biotechnology subindustry, Sol-Gel Technologies'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.

Sol-Gel Technologies Price-to-Tangible-Book Distribution

For the Biotechnology industry and Healthcare sector, Sol-Gel Technologies's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sol-Gel Technologies's Price-to-Tangible-Book falls into.

Sol-Gel Technologies Price-to-Tangible-Book Calculation

Sol-Gel Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.9252	/	1.387
	=	0.67

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.

Sol-Gel Technologies Price-to-Tangible-Book Related Terms

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Sol-Gel Technologies (Sol-Gel Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Sol-Gel Technologies Ltd (NAS:SLGL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

4SG:Germany 4SG:Germany

Address

7 Golda Meir Street, Weizmann Science Park, Ness Ziona, ISR, 7403650

Website

https://www.sol-gel.com

Sol-Gel Technologies Ltd is a clinical-stage specialty pharmaceutical company. It is engaged in identifying, developing and commercializing branded and generic topical drug products for the treatment of skin diseases. The company's product candidate pipeline consists of silica-based microencapsulation technology platform, and several generic product candidates across multiple indications.