Argent Biopharma (ASX:RGT) Price-to-Tangible-Book : 9.46 (As of Jun. 04, 2024)

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What is Argent Biopharma Price-to-Tangible-Book?

As of today (2024-06-04), Argent Biopharma's share price is A$0.35. Argent Biopharma's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.04. Hence, Argent Biopharma's Price to Tangible Book Ratio of today is 9.46.

The historical rank and industry rank for Argent Biopharma's Price-to-Tangible-Book or its related term are showing as below:

ASX:RGT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.2 Med: 10.15 Max: 35.36
Current: 8.75

During the past 13 years, Argent Biopharma's highest Price to Tangible Book Ratio was 35.36. The lowest was 0.20. And the median was 10.15.

ASX:RGT's Price-to-Tangible-Book is ranked worse than
89.28% of 858 companies
in the Drug Manufacturers industry
Industry Median: 2.33 vs ASX:RGT: 8.75

A closely related ratio is called PB Ratio. As of today, Argent Biopharma's share price is A$0.35. Argent Biopharma's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.04. Hence, Argent Biopharma's P/B Ratio of today is 9.46.

Argent Biopharma Price-to-Tangible-Book Historical Data

The historical data trend for Argent Biopharma'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.

* Premium members only.

Argent Biopharma Price-to-Tangible-Book Chart

Argent Biopharma Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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10.65

10.15

12.65

16.23

Argent Biopharma Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															8.61	16.23	-	-	12.84

Competitive Comparison of Argent Biopharma's Price-to-Tangible-Book

For the Drug Manufacturers - Specialty & Generic subindustry, Argent Biopharma'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.

Argent Biopharma's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Argent Biopharma's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Argent Biopharma's Price-to-Tangible-Book falls into.

Argent Biopharma Price-to-Tangible-Book Calculation

Argent Biopharma's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.35	/	0.037
	=	9.46

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Be Aware

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.

Argent Biopharma Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Argent Biopharma's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Argent Biopharma (ASX:RGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Argent Biopharma Ltd (ASX:RGT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

MGCLF:USA MXC:UK H5O:Germany

Address

295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008

Website

https://mgcpharma.co.uk

MGC Pharmaceuticals Ltd is a biopharma company with a Nature to Medicine strategy at the forefront of the emerging phytocannabinoid and plant-derived medicine markets. The company's mission is to build an innovative, global bio-pharma company providing standardized, affordable plant-derived medicines of the highest regulatory compliance for targeted global markets.