Financiere de Tubize (XBRU:TUB) Price-to-Tangible-Book

: 2.27 (As of Today)

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As of today (2024-04-18), Financiere de Tubize's share price is €91.80. Financiere de Tubize's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €40.36. Hence, Financiere de Tubize's Price to Tangible Book Ratio of today is 2.27.

The historical rank and industry rank for Financiere de Tubize's Price-to-Tangible-Book or its related term are showing as below:

XBRU:TUB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.01 Med: 1.4 Max: 2.36
Current: 2.27

During the past 13 years, Financiere de Tubize's highest Price to Tangible Book Ratio was 2.36. The lowest was 1.01. And the median was 1.40.

XBRU:TUB's Price-to-Tangible-Book is ranked better than
56.26% of 1223 companies
in the Biotechnology industry
Industry Median: 2.7 vs XBRU:TUB: 2.27

A closely related ratio is called PB Ratio. As of today, Financiere de Tubize's share price is €91.80. Financiere de Tubize's Book Value per Sharefor the quarter that ended in Dec. 2023 was €40.36. Hence, Financiere de Tubize's P/B Ratio of today is 2.27.

Financiere de Tubize Price-to-Tangible-Book Historical Data

The historical data trend for Financiere de Tubize'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.

Financiere de Tubize Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.06

1.32

2.36

1.80

1.78

Financiere de Tubize Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book																2.36	1.01	1.80	1.72	1.78

Competitive Comparison

For the Biotechnology subindustry, Financiere de Tubize'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.

Financiere de Tubize Price-to-Tangible-Book Distribution

For the Biotechnology industry and Healthcare sector, Financiere de Tubize's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Financiere de Tubize's Price-to-Tangible-Book falls into.

Financiere de Tubize Price-to-Tangible-Book Calculation

Financiere de Tubize's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	91.80	/	40.361
	=	2.27

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.

Financiere de Tubize Price-to-Tangible-Book Related Terms

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

Financiere de Tubize (XBRU:TUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Financiere de Tubize SA (XBRU:TUB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

FTD:Germany

Address

Allée de la Recherche, 60, Brussels, BEL, 1070

Website

https://www.financiere-tubize.be

Financiere de Tubize SA is a holding company that owns a stake in UCB, a biopharmaceutical company. UCB is a global biotechnology company that develops treatments for conditions related to neurology and immunology. UCB generates the vast majority of its revenue in the United States, followed by Europe and other international markets. Most of its sales revenue is derived from its neurology products, followed by its immunology products. The company's strategy focuses on leveraging scientific advances and skills in areas such as genetics, biomarkers, and human biology.

Financiere de Tubize (XBRU:TUB) Headlines

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