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Active Biotech AB (OSTO:ACTI) Price-to-Tangible-Book : 6.35 (As of Apr. 25, 2024)


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What is Active Biotech AB Price-to-Tangible-Book?

As of today (2024-04-25), Active Biotech AB's share price is kr0.533. Active Biotech AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr0.08. Hence, Active Biotech AB's Price to Tangible Book Ratio of today is 6.35.

The historical rank and industry rank for Active Biotech AB's Price-to-Tangible-Book or its related term are showing as below:

OSTO:ACTI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.17   Med: 5.73   Max: 12.43
Current: 6.66

During the past 13 years, Active Biotech AB's highest Price to Tangible Book Ratio was 12.43. The lowest was 2.17. And the median was 5.73.

OSTO:ACTI's Price-to-Tangible-Book is ranked worse than
61.64% of 1220 companies
in the Biotechnology industry
Industry Median: 2.67 vs OSTO:ACTI: 6.66

A closely related ratio is called PB Ratio. As of today, Active Biotech AB's share price is kr0.533. Active Biotech AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr0.09. Hence, Active Biotech AB's P/B Ratio of today is 6.27.


Active Biotech AB Price-to-Tangible-Book Historical Data

The historical data trend for Active Biotech AB'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.

Active Biotech AB Price-to-Tangible-Book Chart

Active Biotech AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.09 12.43 5.92 7.46 5.43

Active Biotech AB 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 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 7.46 10.14 17.50 185.75 5.43

Competitive Comparison of Active Biotech AB's Price-to-Tangible-Book

For the Biotechnology subindustry, Active Biotech AB'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.


Active Biotech AB's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Active Biotech AB's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Active Biotech AB's Price-to-Tangible-Book falls into.



Active Biotech AB Price-to-Tangible-Book Calculation

Active Biotech AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.533/0.084
=6.35

* 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.


Active Biotech AB Price-to-Tangible-Book Related Terms

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


Active Biotech AB (OSTO:ACTI) Business Description

Traded in Other Exchanges
Address
Scheelevagen 22, Lund, SWE, 223 63
Active Biotech AB focuses on the research and development of pharmaceuticals products within medical areas including neurodegenerative diseases, autoimmune/inflammatory disease and various forms of cancer. Its project portfolio contains both small molecules that are orally active immunomodulatory agents and antibody based immunotherapy.

Active Biotech AB (OSTO:ACTI) Headlines

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