AP Biosciences (ROCO:6945) Price-to-Tangible-Book : 4.76 (As of Jun. 23, 2024)

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What is AP Biosciences Price-to-Tangible-Book?

As of today (2024-06-23), AP Biosciences's share price is NT$57.30. AP Biosciences's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was NT$12.05. Hence, AP Biosciences's Price to Tangible Book Ratio of today is 4.76.

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

ROCO:6945' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.87 Med: 3.87 Max: 4.76
Current: 4.76

During the past 4 years, AP Biosciences's highest Price to Tangible Book Ratio was 4.76. The lowest was 3.87. And the median was 3.87.

ROCO:6945's Price-to-Tangible-Book is ranked worse than
72.21% of 1209 companies
in the Biotechnology industry
Industry Median: 2.63 vs ROCO:6945: 4.76

A closely related ratio is called PB Ratio. As of today, AP Biosciences's share price is NT$57.30. AP Biosciences's Book Value per Sharefor the quarter that ended in Dec. 2023 was NT$12.11. Hence, AP Biosciences's P/B Ratio of today is 4.73.

AP Biosciences Price-to-Tangible-Book Historical Data

The historical data trend for AP 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.

AP Biosciences Price-to-Tangible-Book Chart

AP Biosciences Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

3.87

AP Biosciences Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	3.87

Competitive Comparison of AP Biosciences's Price-to-Tangible-Book

For the Biotechnology subindustry, AP 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.

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

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

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

AP Biosciences Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	57.30	/	12.045
	=	4.76

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.

AP Biosciences Price-to-Tangible-Book Related Terms

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

AP Biosciences (ROCO:6945) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » AP Biosciences Inc (ROCO:6945) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Park Street, 17th Floor, Taipei, TWN

Website

https://www.apbioinc.com

AP Biosciences Inc is a clinical-stage bispecific antibody new drug research and development company. It has developed a series of antibody and protein lead drugs through a self-designed technology platform for unmet medical needs, focusing on Specific targets associated with diseases to deliver safe, effective and cost-effective medicines.

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