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Turning Point Therapeutics PB Ratio

: 2.90 (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 (2021-05-12), Turning Point Therapeutics's share price is $64.95. Turning Point Therapeutics's Book Value per Share for the quarter that ended in Mar. 2021 was $22.40. Hence, Turning Point Therapeutics's PB Ratio of today is 2.90.

Good Sign:

Turning Point Therapeutics Inc stock PB Ratio (=2.81) is close to 1-year low of 2.81

NAS:TPTX' s PB Ratio Range Over the Past 10 Years
Min: 2.75   Med: 5.33   Max: 6.92
Current: 2.9

2.75
6.92

During the past 4 years, Turning Point Therapeutics's highest PB Ratio was 6.92. The lowest was 2.75. And the median was 5.33.

NAS:TPTX's PB Ratio is ranked higher than
68% of the 1214 Companies
in the Biotechnology industry.

( Industry Median: 4.33 vs. NAS:TPTX: 2.90 )

During the past 12 months, Turning Point Therapeutics's average Book Value Per Share Growth Rate was 110.80% per year.

Back to Basics: PB Ratio


Turning Point Therapeutics PB Ratio Historical Data

* 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.

Turning Point Therapeutics Annual Data
Dec17 Dec18 Dec19 Dec20
PB Ratio - - 5.53 5.34

Turning Point Therapeutics Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 4.20 3.83 5.26 5.34 4.22

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.


Turning Point Therapeutics PB Ratio Distribution

* The bar in red indicates where Turning Point Therapeutics's PB Ratio falls into.



Turning Point Therapeutics 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.

Turning Point Therapeutics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2021)
=64.95/22.404
=2.90

* 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.


Turning Point Therapeutics  (NAS:TPTX) 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.


Turning Point Therapeutics PB Ratio Related Terms


Turning Point Therapeutics PB Ratio Headlines

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