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Thiogenesis Therapeutics (TSXV:TTI) Price-to-Tangible-Book : 6.48 (As of Sep. 26, 2024)


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What is Thiogenesis Therapeutics Price-to-Tangible-Book?

As of today (2024-09-26), Thiogenesis Therapeutics's share price is C$0.68. Thiogenesis Therapeutics's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was C$0.11. Hence, Thiogenesis Therapeutics's Price to Tangible Book Ratio of today is 6.48.

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

TSXV:TTI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.77   Med: 6.05   Max: 9.09
Current: 6.18

During the past 5 years, Thiogenesis Therapeutics's highest Price to Tangible Book Ratio was 9.09. The lowest was 3.77. And the median was 6.05.

TSXV:TTI's Price-to-Tangible-Book is ranked worse than
78.87% of 1202 companies
in the Biotechnology industry
Industry Median: 2.7 vs TSXV:TTI: 6.18

A closely related ratio is called PB Ratio. As of today, Thiogenesis Therapeutics's share price is C$0.68. Thiogenesis Therapeutics's Book Value per Sharefor the quarter that ended in Jun. 2024 was C$0.11. Hence, Thiogenesis Therapeutics's P/B Ratio of today is 6.48.


Thiogenesis Therapeutics Price-to-Tangible-Book Historical Data

The historical data trend for Thiogenesis Therapeutics'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.

Thiogenesis Therapeutics Price-to-Tangible-Book Chart

Thiogenesis Therapeutics Annual Data
Trend Dec19 Dec20 Feb21 Feb22 Dec23
Price-to-Tangible-Book
- - - - 6.05

Thiogenesis Therapeutics Quarterly Data
Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 5.63 8.97 6.05 6.67 6.67

Competitive Comparison of Thiogenesis Therapeutics's Price-to-Tangible-Book

For the Biotechnology subindustry, Thiogenesis Therapeutics'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.


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

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

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



Thiogenesis Therapeutics Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=0.68/0.105
=6.48

* 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.


Thiogenesis Therapeutics Price-to-Tangible-Book Related Terms

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Thiogenesis Therapeutics Business Description

Traded in Other Exchanges
N/A
Address
4 King Street West, Suite 401, Toronto, ON, CAN, M5H 1B6
Thiogenesis Therapeutics Corp is a clinical-stage biotech company. The Company is developing thiol-active therapeutic compounds, that are prodrugs, used to treat unmet pediatric medical needs. TTI-0102, the Company's compound, was developed to address the obstacles facing previous thiol-based drugs, their short half-live, and side effects and it's initial applications are for mitochondrial disease, Rett syndrome, and pediatric NASH.
Executives
Vincent P. Stanton 10% Security Holder