Switch to:
Array BioPharma Inc  (NAS:ARRY) PB Ratio: 164.06 (As of Today)

As of today, Array BioPharma Inc's share price is $11.32. Array BioPharma Inc's Book Value per Share for the fiscal year that ended in Jun. 2017 was $0.07. Hence, Array BioPharma Inc's P/B Ratio of today is 164.06.

Warning Sign:

Array BioPharma Inc stock PB Ratio (=164.06) is close to 10-year high of 166.23

NAS:ARRY' s PB Ratio Range Over the Past 10 Years
Min: 3.52   Max: 166.23
Current: 161.93

3.52
166.23

During the past 13 years, Array BioPharma Inc's highest P/B Ratio was 166.23. The lowest was 3.52. And the median was 19.07.

NAS:ARRY's PB Ratio is ranked lower than
98% of the 871 Companies
in the Global industry.

( Industry Median: 3.95 vs. NAS:ARRY: 161.93 )

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Array BioPharma Inc was 57.30% per year. The lowest was -59.00% per year. And the median was -11.10% per year.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Array BioPharma Inc Annual Data

Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 24.03 0.00 121.30

Array BioPharma Inc Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 28.54 54.85 121.30

Competitive Comparison
* 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.


Calculation

Array BioPharma Inc's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: Jun. 2017)
=11.32/0.069
=164.06

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 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.


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK