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Sorrento Therapeutics Price-to-Tangible-Book

: 39.83 (As of Today)
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As of today (2021-04-13), Sorrento Therapeutics's share price is $6.930000. Sorrento Therapeutics's Tangible Book per Share of Dec. 2020 for the quarter that ended in Dec. 2020 was $0.17. Hence, Sorrento Therapeutics's Price to Tangible Book Ratio of today is 39.83.

NAS:SRNE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.73   Med: 12.47   Max: 625
Current: 40.76

2.73
625

During the past 13 years, Sorrento Therapeutics's highest Price to Tangible Book Ratio was 625.00. The lowest was 2.73. And the median was 12.47.

NAS:SRNE's Price-to-Tangible-Book is ranked lower than
95% of the 1140 Companies
in the Biotechnology industry.

( Industry Median: 5.21 vs. NAS:SRNE: 40.76 )

A closely related ratio is called PB Ratio. As of today, Sorrento Therapeutics's share price is $6.930000. Sorrento Therapeutics's Book Value per Sharefor the quarter that ended in Dec. 2020 was $0.60. Hence, Sorrento Therapeutics's P/B Ratio of today is 11.55.


Sorrento Therapeutics Price-to-Tangible-Book Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Sorrento Therapeutics Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.49 2.80 0.00 39.22

Sorrento Therapeutics Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 920.00 38.77 33.48 39.22

Competitive Comparison
* 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.


Sorrento Therapeutics Price-to-Tangible-Book Distribution

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



Sorrento Therapeutics Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2020 )
=6.930000/0.174
=39.83

* All numbers are in millions except for per share data and ratio. All numbers 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.


Sorrento Therapeutics Price-to-Tangible-Book Related Terms


Sorrento Therapeutics Price-to-Tangible-Book Headlines

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