Reunion Neuroscience (Reunion Neuroscience) PB Ratio : 0.84 (As of Jun. 06, 2024)

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What is Reunion Neuroscience 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 (2024-06-06), Reunion Neuroscience's share price is $1.12. Reunion Neuroscience's Book Value per Share for the quarter that ended in Mar. 2023 was $1.33. Hence, Reunion Neuroscience's PB Ratio of today is 0.84.

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

REUN' s PB Ratio Range Over the Past 10 Years
Min: 0.13 Med: 1.31 Max: 26.77
Current: 0.78

During the past 4 years, Reunion Neuroscience's highest PB Ratio was 26.77. The lowest was 0.13. And the median was 1.31.

REUN's PB Ratio is not ranked
in the Biotechnology industry.
Industry Median: 2.535 vs REUN: 0.78

During the past 12 months, Reunion Neuroscience's average Book Value Per Share Growth Rate was -68.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.80% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Reunion Neuroscience was 9.80% per year. The lowest was 9.80% per year. And the median was 9.80% per year.

Back to Basics: PB Ratio

Reunion Neuroscience PB Ratio Historical Data

The historical data trend for Reunion Neuroscience'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.

Reunion Neuroscience PB Ratio Chart

Reunion Neuroscience Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

PB Ratio

2.85

1.47

0.52

Reunion Neuroscience Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
PB Ratio	Get a 7-Day Free Trial										1.47	1.17	0.58	0.53	0.52

Competitive Comparison of Reunion Neuroscience's PB Ratio

For the Biotechnology subindustry, Reunion Neuroscience'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.

Reunion Neuroscience's PB Ratio Distribution in the Biotechnology Industry

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

* The bar in red indicates where Reunion Neuroscience's PB Ratio falls into.

Reunion Neuroscience 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.

Reunion Neuroscience's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2023)
	=	1.12	/	1.328
	=	0.84

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Reunion Neuroscience (NAS:REUN) 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.

Reunion Neuroscience PB Ratio Related Terms

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Reunion Neuroscience (Reunion Neuroscience) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Reunion Neuroscience Inc (NAS:REUN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Duncan Street, Lower North Suite, Toronto, ON, CAN, M5V 2C3

Website

https://www.reunionneuro.com

Reunion Neuroscience Inc is engaged in novel psychedelic drug development, committed to innovating therapeutic solutions for mental health conditions by developing proprietary serotonin receptor agonist compounds. The company's asset, RE-104 (previously known as FT-104), is a proprietary, novel psychedelic drug being developed for post-partum and treatment-resistant depression as a potential fast-acting antidepressant with durable efficacy.