PureTech Health (PureTech Health) PB Ratio : 1.58 (As of May. 01, 2024)

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What is PureTech Health 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 (2024-05-01), PureTech Health's share price is $2.70. PureTech Health's Book Value per Share for the quarter that ended in Dec. 2023 was $1.71. Hence, PureTech Health's PB Ratio of today is 1.58.

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

PTCHF' s PB Ratio Range Over the Past 10 Years
Min: 0.88 Med: 2.02 Max: 28.71
Current: 1.61

During the past 12 years, PureTech Health's highest PB Ratio was 28.71. The lowest was 0.88. And the median was 2.02.

PTCHF's PB Ratio is ranked better than
66.03% of 1310 companies
in the Biotechnology industry
Industry Median: 2.435 vs PTCHF: 1.61

During the past 12 months, PureTech Health's average Book Value Per Share Growth Rate was -15.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -8.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of PureTech Health was 333.60% per year. The lowest was -8.20% per year. And the median was 32.25% per year.

Back to Basics: PB Ratio

PureTech Health PB Ratio Historical Data

The historical data trend for PureTech Health'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.

PureTech Health PB Ratio Chart

PureTech Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.79

2.34

1.93

1.58

1.39

PureTech Health Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															1.93	1.06	1.58	1.45	1.39

Competitive Comparison of PureTech Health's PB Ratio

For the Biotechnology subindustry, PureTech Health'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.

PureTech Health's PB Ratio Distribution in the Biotechnology Industry

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

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

PureTech Health 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.

PureTech Health's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.70	/	1.707
	=	1.58

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.

PureTech Health (OTCPK:PTCHF) 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.

PureTech Health PB Ratio Related Terms

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PureTech Health (PureTech Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » PureTech Health PLC (OTCPK:PTCHF) » Definitions » PB Ratio

Comparable Companies

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Address

6 Tide Street, Suite 400, Boston, MA, USA, 02210

Website

https://www.puretechhealth.com

PureTech Health PLC is a biopharma company developing medicines to modulate the adaptive human system. It is a cross-disciplinary healthcare company developing products that could improve the lives of patients. The company is focused on developing and commercializing highly differentiated medicines for devastating diseases, including inflammatory, fibrotic, and immunological conditions, intractable cancers, lymphatic & gastrointestinal diseases, and neurological & neuropsychological disorders, among others. It operates in the following segments: Internal, Controlled Founded Entities, Non-Controlled Founded Entities, and Parent Companies & Others. The company has a robust pipeline of advanced programs that are post-human proof of concept and focused on some of society's healthcare needs.