Arterra Bioscience SpA (MIL:ABS) Price-to-Tangible-Book : 1.34 (As of May. 05, 2024)

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What is Arterra Bioscience SpA Price-to-Tangible-Book?

As of today (2024-05-05), Arterra Bioscience SpA's share price is €2.00. Arterra Bioscience SpA's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was €1.49. Hence, Arterra Bioscience SpA's Price to Tangible Book Ratio of today is 1.34.

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

MIL:ABS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.16 Med: 2.3 Max: 3.87
Current: 1.21

During the past 7 years, Arterra Bioscience SpA's highest Price to Tangible Book Ratio was 3.87. The lowest was 1.16. And the median was 2.30.

MIL:ABS's Price-to-Tangible-Book is ranked better than
78.89% of 1222 companies
in the Biotechnology industry
Industry Median: 2.715 vs MIL:ABS: 1.21

A closely related ratio is called PB Ratio. As of today, Arterra Bioscience SpA's share price is €2.00. Arterra Bioscience SpA's Book Value per Sharefor the quarter that ended in Jun. 2023 was €1.51. Hence, Arterra Bioscience SpA's P/B Ratio of today is 1.33.

Arterra Bioscience SpA Price-to-Tangible-Book Historical Data

The historical data trend for Arterra Bioscience SpA'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.

Arterra Bioscience SpA Price-to-Tangible-Book Chart

Arterra Bioscience SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

3.87

2.45

2.14

1.40

1.01

Arterra Bioscience SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial								2.14	1.46	1.40	1.54	1.01

Competitive Comparison of Arterra Bioscience SpA's Price-to-Tangible-Book

For the Biotechnology subindustry, Arterra Bioscience SpA'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.

Arterra Bioscience SpA's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

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

Arterra Bioscience SpA Price-to-Tangible-Book Calculation

Arterra Bioscience SpA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	2.00	/	1.492
	=	1.34

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.

Arterra Bioscience SpA Price-to-Tangible-Book Related Terms

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

Arterra Bioscience SpA (MIL:ABS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Arterra Bioscience SpA (MIL:ABS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

via Benedetto Brin, 69, Napoli, ITA, 80142

Website

https://www.arterrabio.it

Arterra Bioscience SpA is a biotechnology company focused on the research and development of ingredients and natural solutions. It engages in the development of technological platforms, employed in the screening of active compounds for different industrial applications; setting up of new extraction processes, aimed at improving the sustainability and yield of interesting compounds; and production of high-tech raw materials with application in different industrial fields.

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