Immuron (Immuron) Price-to-Tangible-Book : 1.22 (As of May. 05, 2024)

View and export this data going back to 2007. Start your Free Trial

What is Immuron Price-to-Tangible-Book?

As of today (2024-05-05), Immuron's share price is $2.52. Immuron's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.06. Hence, Immuron's Price to Tangible Book Ratio of today is 1.22.

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

IMRN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 2.67 Max: 8.13
Current: 1.25

During the past 9 years, Immuron's highest Price to Tangible Book Ratio was 8.13. The lowest was 0.77. And the median was 2.67.

IMRN's Price-to-Tangible-Book is ranked better than
78.48% of 1222 companies
in the Biotechnology industry
Industry Median: 2.715 vs IMRN: 1.25

A closely related ratio is called PB Ratio. As of today, Immuron's share price is $2.52. Immuron's Book Value per Sharefor the quarter that ended in Dec. 2023 was $2.06. Hence, Immuron's P/B Ratio of today is 1.22.

Immuron Price-to-Tangible-Book Historical Data

The historical data trend for Immuron'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.

Immuron Price-to-Tangible-Book Chart

Immuron Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.55

8.50

1.39

0.75

0.87

Immuron Semi-Annual Data
	Jun15	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												0.82	0.75	0.83	0.87	0.91

Competitive Comparison of Immuron's Price-to-Tangible-Book

For the Biotechnology subindustry, Immuron'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.

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

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

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

Immuron Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.52	/	2.06
	=	1.22

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.

Immuron Price-to-Tangible-Book Related Terms

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

Immuron (Immuron) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Immuron Ltd (NAS:IMRN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ANWA:Germany IMC:Australia

Address

Chapman Street, Unit 10, 25-37, Blackburn North, Melbourne, VIC, AUS, 3130

Website

https://www.immuron.com.au

Immuron Ltd is a clinical-stage biopharmaceutical company focused on the development and commercialization of a novel class of immunomodulator polyclonal antibodies to treat liver diseases, infectious diseases and other immune-mediated diseases, such as colitis. The company's product, IMM-124E, is a proprietary immunomodulatory agent targeted at GI immune-mediated diseases including fatty liver diseases. The company functions in two segments namely, Research and Development and Hyperimmune products.