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Incyte (STU:ICY) PB Ratio : 4.40 (As of Dec. 14, 2024)


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What is Incyte 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 (2024-12-14), Incyte's share price is €65.28. Incyte's Book Value per Share for the quarter that ended in Sep. 2024 was €14.82. Hence, Incyte's PB Ratio of today is 4.40.

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

STU:ICY' s PB Ratio Range Over the Past 10 Years
Min: 2.15   Med: 7.72   Max: 428.14
Current: 4.31

During the past 13 years, Incyte's highest PB Ratio was 428.14. The lowest was 2.15. And the median was 7.72.

STU:ICY's PB Ratio is ranked worse than
69.79% of 1281 companies
in the Biotechnology industry
Industry Median: 2.48 vs STU:ICY: 4.31

During the past 12 months, Incyte's average Book Value Per Share Growth Rate was -25.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Incyte was 114.30% per year. The lowest was -113.90% per year. And the median was 21.70% per year.

Back to Basics: PB Ratio


Incyte PB Ratio Historical Data

The historical data trend for Incyte'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.

Incyte PB Ratio Chart

Incyte Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.29 7.16 4.30 3.99 2.68

Incyte Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.69 2.68 2.37 3.87 3.99

Competitive Comparison of Incyte's PB Ratio

For the Biotechnology subindustry, Incyte'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.


Incyte's PB Ratio Distribution in the Biotechnology Industry

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

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



Incyte 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.

Incyte's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=65.28/14.82
=4.40

* 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.


Incyte  (STU:ICY) 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.


Incyte PB Ratio Related Terms

Thank you for viewing the detailed overview of Incyte's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Incyte Business Description

Address
1801 Augustine Cut-Off, Wilmington, DE, USA, 19803
Incyte focuses on the discovery and development of small-molecule drugs. The firm's lead drug, Jakafi, treats two types of rare blood cancer and graft versus host disease and is partnered with Novartis. Incyte's other marketed drugs include rheumatoid arthritis treatment Olumiant (licensed to Lilly), and oncology drugs Iclusig (chronic myeloid leukemia), Pemazyre (cholangiocarcinoma), Tabrecta (lung cancer), and Monjuvi (diffuse large B-cell lymphoma). The firm's first dermatology product, Opzelura, was approved in 2021 for atopic dermatitis and 2022 for vitiligo. Incyte's pipeline includes a broad array of oncology and dermatology programs.

Incyte Headlines

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