Galapagos NV (Galapagos NV) PB Ratio

: 0.64 (As of Today)

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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 (2024-04-16), Galapagos NV's share price is $29.83. Galapagos NV's Book Value per Share for the quarter that ended in Dec. 2023 was $46.26. Hence, Galapagos NV's PB Ratio of today is 0.64.

Good Sign:

Galapagos NV stock PB Ratio (=0.67) is close to 10-year low of 0.67

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

GLPG' s PB Ratio Range Over the Past 10 Years
Min: 0.66 Med: 3.26 Max: 7.8
Current: 0.66

During the past 13 years, Galapagos NV's highest PB Ratio was 7.80. The lowest was 0.66. And the median was 3.26.

GLPG's PB Ratio is ranked better than
88.17% of 1310 companies
in the Biotechnology industry
Industry Median: 2.4 vs GLPG: 0.66

During the past 12 months, Galapagos NV's average Book Value Per Share Growth Rate was 10.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 24.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Galapagos NV was 43.00% per year. The lowest was -16.50% per year. And the median was 14.90% per year.

Back to Basics: PB Ratio

Galapagos NV PB Ratio Historical Data

The historical data trend for Galapagos NV'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.

Galapagos NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

4.19

1.99

1.21

1.09

0.88

Galapagos NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																1.09	0.93	0.96	0.81	0.88

Competitive Comparison

For the Biotechnology subindustry, Galapagos NV'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.

Galapagos NV PB Ratio Distribution

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

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

Galapagos NV 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.

Galapagos NV's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	29.83	/	46.263
	=	0.64

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.

Galapagos NV (NAS:GLPG) 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.

Galapagos NV PB Ratio Related Terms

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Galapagos NV (Galapagos NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Galapagos NV (NAS:GLPG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

GLPG:Netherlands GLPG:Mexico 0JXZ:UK GXE:Germany G1LP34:Brazil GLPG:Austria

Address

Generaal De Wittelaan L11 A3, Mechelen, BEL, 2800

Website

https://www.glpg.com

Galapagos NV is a clinical-stage biotechnology company, involved in the discovery and development of small-molecule medicines. The company's product candidate portfolio includes Filgotinib, a JAK1 inhibitor to treat rheumatoid arthritis, Crohn's disease, and ulcerative colitis; novel therapies in cystic fibrosis (a chronic disease that affects the lungs and digestive system); GLPG1690, a selective autotaxin inhibitor with potential application in idiopathic pulmonary disease; GLPG1972 to treat osteoarthritis; and MOR106 to treat atopic dermatitis.