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Modus Therapeutics Holding AB (OSTO:MODTX) Price-to-Tangible-Book : 2.55 (As of Jun. 22, 2024)


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What is Modus Therapeutics Holding AB Price-to-Tangible-Book?

As of today (2024-06-22), Modus Therapeutics Holding AB's share price is kr1.035. Modus Therapeutics Holding AB's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was kr0.41. Hence, Modus Therapeutics Holding AB's Price to Tangible Book Ratio of today is 2.55.

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

OSTO:MODTX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.35   Med: 3.89   Max: 5.41
Current: 2.52

During the past 5 years, Modus Therapeutics Holding AB's highest Price to Tangible Book Ratio was 5.41. The lowest was 2.35. And the median was 3.89.

OSTO:MODTX's Price-to-Tangible-Book is ranked better than
51.7% of 1209 companies
in the Biotechnology industry
Industry Median: 2.63 vs OSTO:MODTX: 2.52

A closely related ratio is called PB Ratio. As of today, Modus Therapeutics Holding AB's share price is kr1.035. Modus Therapeutics Holding AB's Book Value per Sharefor the quarter that ended in Mar. 2024 was kr0.41. Hence, Modus Therapeutics Holding AB's P/B Ratio of today is 2.55.


Modus Therapeutics Holding AB Price-to-Tangible-Book Historical Data

The historical data trend for Modus Therapeutics Holding AB'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.

Modus Therapeutics Holding AB Price-to-Tangible-Book Chart

Modus Therapeutics Holding AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - 3.89 - 3.53

Modus Therapeutics Holding AB Quarterly Data
Dec19 Mar20 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 - - - 3.53 2.81

Competitive Comparison of Modus Therapeutics Holding AB's Price-to-Tangible-Book

For the Biotechnology subindustry, Modus Therapeutics Holding AB'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.


Modus Therapeutics Holding AB's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

* The bar in red indicates where Modus Therapeutics Holding AB's Price-to-Tangible-Book falls into.



Modus Therapeutics Holding AB Price-to-Tangible-Book Calculation

Modus Therapeutics Holding AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=1.035/0.406
=2.55

* 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.


Modus Therapeutics Holding AB Price-to-Tangible-Book Related Terms

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Modus Therapeutics Holding AB (OSTO:MODTX) Business Description

Traded in Other Exchanges
N/A
Address
Olof Palmes gata 29 IV, Stockholm, SWE, 11122
Modus Therapeutics Holding AB is a Swedish clinical biotechnology company developing a treatment for sepsis and septic shock through the patented polysaccharide sevuparin. The drug candidate sevuparin has the opportunity to benefit patients and save large healthcare costs.

Modus Therapeutics Holding AB (OSTO:MODTX) Headlines

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