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Artelo BiosciencesARTL -6.79%32 Price-to-Tangible-Book is 0.89 as of Sep. 11, 2026. GuruFocus rates ARTL with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 1,127 Biotechnology companies, Artelo Biosciences ranks better than 89.8% on this metric.
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.
Artelo Biosciences Price-to-Tangible-Book Related Terms
Artelo Biosciences Price-to-Tangible-Book Historical Data
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The historical data trend for Artelo Biosciences's Price-to-Tangible-Book 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.
ARTL vs PPCB, CLDI, GNPX: Price-to-Tangible-Book Comparison
For the Biotechnology subindustry, Artelo Biosciences's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Artelo Biosciences Price-to-Tangible-Book vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Artelo Biosciences's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Artelo Biosciences's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Artelo Biosciences (ARTL) has a Price-to-Tangible-Book of 0.89 as of Sep. 11, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Artelo Biosciences and its competitors. According to the industry distribution chart, Artelo Biosciences ranks #115 out of 1127 companies in the Biotechnology industry, placing it in the top 10.2%.
Is Artelo Biosciences' Price-to-Tangible-Book too high?
Artelo Biosciences' current Price-to-Tangible-Book is 0.89. The Biotechnology industry median Price-to-Tangible-Book is 3.27. Artelo Biosciences' value of 0.89 is 72.8% below this industry median. Based on the distribution chart, Artelo Biosciences ranks #115 out of 1127 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Artelo Biosciences has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Artelo Biosciences' Price-to-Tangible-Book compare to PPCB and CLDI?
According to the Biotechnology industry distribution chart, Artelo Biosciences ranks #115 out of 1127 companies for Price-to-Tangible-Book. This places Artelo Biosciences in the top 10% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 3.27. Artelo Biosciences' value of 0.89 is 72.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Biotechnology company?
The median Price-to-Tangible-Book among Biotechnology companies is 3.27, based on 1,127 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artelo Biosciences's current Price-to-Tangible-Book of 0.89 is 72.8% below 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Artelo Biosciences and its competitors. For the Biotechnology industry, the median Price-to-Tangible-Book is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artelo Biosciences's current Price-to-Tangible-Book is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artelo Biosciences stock overvalued right now?
Artelo Biosciences (ARTL) has a current Price-to-Tangible-Book of 0.89. The current Price-to-Tangible-Book is 0.89 and 72.8% below the Biotechnology industry median of 3.27. Artelo Biosciences' overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Artelo Biosciences (ARTL), the current Price-to-Tangible-Book is 0.89 as of Sep. 11, 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.
Artelo Biosciences Inc is a United States-based development-stage biopharmaceutical company. It is engaged in the development of therapeutics that target lipid signaling pathways, including the endocannabinoid system, a family of receptors & neurotransmitters that form a biochemical communication network in the body. It is focused on discovering, licensing, developing, & commercializing treatments that control endocannabinoid systems. The company pursues technologies & programs that offer proprietary approaches to cannabinoid-based therapies, & those derived from the cannabis plant & synthetic cannabinoids, as well as new chemical entities & compounds. The firm's flagship program is designed to be a patent-protected cannabinoid drug combination treatment for a rare & orphan disease.
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