APGE (Apogee Therapeutics) PB Ratio: 7.92 (As of Jun. 25, 2026)


APGE Apogee Therapeutics Inc APGE
12 GF Score
Price $132.78
! 3 Warning Signs
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What is Apogee Therapeutics PB Ratio?

Apogee Therapeutics APGE +0.06% 12 PB Ratio is 7.92 as of Jun. 25, 2026. GuruFocus rates APGE with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 1,233 Biotechnology companies, Apogee Therapeutics ranks worse than 82% on this metric.

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 (2026-06-25), Apogee Therapeutics's share price is $132.775. Apogee Therapeutics's Book Value per Share for the quarter that ended in Mar. 2026 was $16.77. Hence, Apogee Therapeutics's PB Ratio of today is 7.92.

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

APGE' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 7.92
Current: 7.92

During the past 4 years, Apogee Therapeutics's highest PB Ratio was 7.92. The lowest was 0.00. And the median was 0.00.

APGE's PB Ratio is ranked worse than
82% of 1233 companies
in the Biotechnology industry
Industry Median: 2.8 vs APGE: 7.92

During the past 12 months, Apogee Therapeutics's average Book Value Per Share Growth Rate was 9.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 64.20% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Apogee Therapeutics was 64.20% per year. The lowest was 64.20% per year. And the median was 64.20% per year.

Back to Basics: PB Ratio


Apogee Therapeutics  (NAS:APGE) 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.


Apogee Therapeutics PB Ratio Related Terms


Apogee Therapeutics PB Ratio Historical Data

* Premium members only.

The historical data trend for Apogee Therapeutics'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.

Apogee Therapeutics PB Ratio Chart

Apogee Therapeutics Annual Data
Trend Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 3.57 3.76 5.71

Apogee Therapeutics Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.30 4.18 4.08 5.71 5.02

APGE vs MIRM, PTCT, RYTM: PB Ratio Comparison

For the Biotechnology subindustry, Apogee Therapeutics'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.


Apogee Therapeutics PB Ratio vs Biotechnology Industry

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

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


APGE
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Apogee Therapeutics Inc APGE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Apogee 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=132.775/16.77
=7.92

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 7.92 mean?
Apogee Therapeutics (APGE) has a PB Ratio of 7.92 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Apogee Therapeutics and its competitors. According to the industry distribution chart, Apogee Therapeutics ranks #1011 out of 1233 companies in the Biotechnology industry, placing it in the top 82%.
Is Apogee Therapeutics' PB Ratio too high?
Apogee Therapeutics' current PB Ratio is 7.92. The Biotechnology industry median PB Ratio is 2.80. Apogee Therapeutics' value of 7.92 is 182.9% above this industry median. Based on the distribution chart, Apogee Therapeutics ranks #1011 out of 1233 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Apogee Therapeutics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Apogee Therapeutics' PB Ratio compare to MIRM and PTCT?
According to the Biotechnology industry distribution chart, Apogee Therapeutics ranks #1011 out of 1233 companies for PB Ratio. This places Apogee Therapeutics in the lower half of its industry. The industry median PB Ratio is 2.80. Apogee Therapeutics' value of 7.92 is 182.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Biotechnology company?
The median PB Ratio among Biotechnology companies is 2.80, based on 1,233 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apogee Therapeutics's current PB Ratio of 7.92 is 182.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Apogee Therapeutics and its competitors. For the Biotechnology industry, the median PB Ratio is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apogee Therapeutics's current PB Ratio is 7.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Therapeutics stock overvalued right now?
Apogee Therapeutics (APGE) has a current PB Ratio of 7.92. The current PB Ratio is 7.92 and 182.9% above the Biotechnology industry median of 2.80. Apogee Therapeutics' overall GF Score™ is 12/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Apogee Therapeutics (APGE), the current PB Ratio is 7.92 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Apogee Therapeutics Business Description

Address 221 Crescent Street, Building 17, Suite 102b, Waltham, MA, USA, 02453
Apogee Therapeutics Inc is a clinical-stage biotechnology company engaged in advancing optimized, novel biologics with the potential for differentiated efficacy and dosing in the inflammatory and immunology (I&I) markets, including for the treatment of atopic dermatitis (AD), asthma, eosinophilic esophagitis (EoE), chronic obstructive pulmonary disease (COPD), and other I&I indications. . Its antibody programs are designed to overcome the limitations of existing therapies by targeting well-established mechanisms of action and incorporating antibody engineering to optimize half-life and other properties.
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$132.78
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