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ARTV (Artiva Biotherapeutics) PB Ratio : 1.29 (As of Dec. 12, 2024)


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What is Artiva Biotherapeutics PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-12), Artiva Biotherapeutics's share price is $10.68. Artiva Biotherapeutics's Book Value per Share for the quarter that ended in Sep. 2024 was $8.28. Hence, Artiva Biotherapeutics's PB Ratio of today is 1.29.

The historical rank and industry rank for Artiva Biotherapeutics's PB Ratio or its related term are showing as below:

ARTV' s PB Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.43   Max: 1.91
Current: 1.29

During the past 5 years, Artiva Biotherapeutics's highest PB Ratio was 1.91. The lowest was 1.22. And the median was 1.43.

ARTV's PB Ratio is ranked better than
72.4% of 1279 companies
in the Biotechnology industry
Industry Median: 2.52 vs ARTV: 1.29

During the past 3 years, the average Book Value Per Share Growth Rate was -44.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Artiva Biotherapeutics was -44.60% per year. The lowest was -44.60% per year. And the median was -44.60% per year.

Back to Basics: PB Ratio


Artiva Biotherapeutics PB Ratio Historical Data

The historical data trend for Artiva Biotherapeutics's PB Ratio 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.

Artiva Biotherapeutics PB Ratio Chart

Artiva Biotherapeutics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
- - - - -

Artiva Biotherapeutics Quarterly Data
Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 1.87

Competitive Comparison of Artiva Biotherapeutics's PB Ratio

For the Biotechnology subindustry, Artiva Biotherapeutics's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Artiva Biotherapeutics's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Artiva Biotherapeutics's PB Ratio distribution charts can be found below:

* The bar in red indicates where Artiva Biotherapeutics's PB Ratio falls into.



Artiva Biotherapeutics PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Artiva Biotherapeutics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=10.68/8.276
=1.29

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Artiva Biotherapeutics  (NAS:ARTV) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Artiva Biotherapeutics PB Ratio Related Terms

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Artiva Biotherapeutics Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5505 Morehouse Drive, Suite 100, San Diego, CA, USA, 92121
Artiva Biotherapeutics Inc is a biopharmaceutical company. The company is engaged in advancing a pipeline of off-the-shelf, allogeneic NK cell therapies for the treatment of hematologic malignancies or solid tumors. The pipeline program of the company includes Artiva-Funded Trials and Collaborator-Funded Trials.