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Morphic Holding (STU:31Y) Price-to-Tangible-Book : 2.20 (As of May. 09, 2024)


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What is Morphic Holding Price-to-Tangible-Book?

As of today (2024-05-09), Morphic Holding's share price is €26.80. Morphic Holding's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €12.19. Hence, Morphic Holding's Price to Tangible Book Ratio of today is 2.20.

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

STU:31Y' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.58   Med: 3.67   Max: 7.4
Current: 2.21

During the past 7 years, Morphic Holding's highest Price to Tangible Book Ratio was 7.40. The lowest was 1.58. And the median was 3.67.

STU:31Y's Price-to-Tangible-Book is ranked better than
60.16% of 1220 companies
in the Biotechnology industry
Industry Median: 2.735 vs STU:31Y: 2.21

A closely related ratio is called PB Ratio. As of today, Morphic Holding's share price is €26.80. Morphic Holding's Book Value per Sharefor the quarter that ended in Mar. 2024 was €12.19. Hence, Morphic Holding's P/B Ratio of today is 2.20.


Morphic Holding Price-to-Tangible-Book Historical Data

The historical data trend for Morphic Holding'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.

Morphic Holding Price-to-Tangible-Book Chart

Morphic Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 3.85 6.87 5.20 2.83 2.04

Morphic Holding 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 3.40 3.51 1.53 2.04 2.54

Competitive Comparison of Morphic Holding's Price-to-Tangible-Book

For the Biotechnology subindustry, Morphic Holding'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.


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

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

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



Morphic Holding Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=26.80/12.187
=2.20

* 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.


Morphic Holding Price-to-Tangible-Book Related Terms

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


Morphic Holding (STU:31Y) Business Description

Traded in Other Exchanges
Address
35 Gatehouse Drive, A2, Waltham, MA, USA, 02451
Morphic Holding Inc is a biopharmaceutical company applying its insights into integrins to discover and develop a pipeline of oral small-molecule integrin therapeutics. Integrins are a target class with multiple approved injectable blockbuster drugs for the treatment of serious chronic diseases, including autoimmune, cardiovascular, and metabolic diseases, fibrosis, and cancer.

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