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Precision BioSciences (FRA:PBS0) Price-to-Tangible-Book : 2.37 (As of May. 22, 2024)


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What is Precision BioSciences Price-to-Tangible-Book?

As of today (2024-05-22), Precision BioSciences's share price is €11.60. Precision BioSciences's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €4.90. Hence, Precision BioSciences's Price to Tangible Book Ratio of today is 2.37.

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

FRA:PBS0' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.41   Med: 2.81   Max: 96.61
Current: 2.39

During the past 7 years, Precision BioSciences's highest Price to Tangible Book Ratio was 96.61. The lowest was 1.41. And the median was 2.81.

FRA:PBS0's Price-to-Tangible-Book is ranked better than
56.99% of 1223 companies
in the Biotechnology industry
Industry Median: 2.85 vs FRA:PBS0: 2.39

A closely related ratio is called PB Ratio. As of today, Precision BioSciences's share price is €11.60. Precision BioSciences's Book Value per Sharefor the quarter that ended in Mar. 2024 was €4.95. Hence, Precision BioSciences's P/B Ratio of today is 2.34.


Precision BioSciences Price-to-Tangible-Book Historical Data

The historical data trend for Precision 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.

* Premium members only.

Precision BioSciences Price-to-Tangible-Book Chart

Precision BioSciences Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 5.19 9.90 5.22 1.84 2.42

Precision BioSciences Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 1.83 1.34 2.42 2.49

Competitive Comparison of Precision BioSciences's Price-to-Tangible-Book

For the Biotechnology subindustry, Precision 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.


Precision BioSciences's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Precision BioSciences's Price-to-Tangible-Book distribution charts can be found below:

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



Precision BioSciences Price-to-Tangible-Book Calculation

Precision BioSciences's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=11.60/4.898
=2.37

* 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.


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.


Precision BioSciences Price-to-Tangible-Book Related Terms

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


Precision BioSciences (FRA:PBS0) Business Description

Traded in Other Exchanges
Address
302 East Pettigrew Street, Dibrell Building, Suite A-100, Durham, NC, USA, 27701
Precision BioSciences Inc is a genome editing company dedicated to improving life through its genome editing platform, ARCUS. It leverages ARCUS in the development of its product candidates, which are designed to treat human diseases and provide food and agricultural solutions. ARCUS is also unique in its relatively small size which potentially allows delivery to a wider range of cells and tissues using viral and non-viral gene delivery methods.

Precision BioSciences (FRA:PBS0) Headlines

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