Cyclezyme AB (XSAT:CYCLE) Price-to-Tangible-Book : 2.13 (As of Jun. 17, 2024)

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What is Cyclezyme AB Price-to-Tangible-Book?

As of today (2024-06-17), Cyclezyme AB's share price is kr5.30. Cyclezyme AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr2.49. Hence, Cyclezyme AB's Price to Tangible Book Ratio of today is 2.13.

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

XSAT:CYCLE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0 Med: 0 Max: 2.13
Current: 2.13

During the past 4 years, Cyclezyme AB's highest Price to Tangible Book Ratio was 2.13. The lowest was 0.00. And the median was 0.00.

XSAT:CYCLE's Price-to-Tangible-Book is ranked worse than
58.25% of 1485 companies
in the Chemicals industry
Industry Median: 1.75 vs XSAT:CYCLE: 2.13

A closely related ratio is called PB Ratio. As of today, Cyclezyme AB's share price is kr5.30. Cyclezyme AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr3.22. Hence, Cyclezyme AB's P/B Ratio of today is 1.65.

Cyclezyme AB Price-to-Tangible-Book Historical Data

The historical data trend for Cyclezyme 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.

Cyclezyme AB Price-to-Tangible-Book Chart

Cyclezyme AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Cyclezyme AB Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Price-to-Tangible-Book	-	-	-	-

Competitive Comparison of Cyclezyme AB's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Cyclezyme 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.

Cyclezyme AB's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cyclezyme AB's Price-to-Tangible-Book distribution charts can be found below:

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

Cyclezyme AB Price-to-Tangible-Book Calculation

Cyclezyme AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	5.30	/	2.491
	=	2.13

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.

Cyclezyme AB Price-to-Tangible-Book Related Terms

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

Cyclezyme AB (XSAT:CYCLE) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Scheelevagen 22, Lund, SWE, 223 63

Website

https://www.cyclezyme.se

Cyclezyme AB is a Sweden-based company that has developed an enzymatic platform focused on producing enzymes for green biochemical processes. This platform utilizes biotechnological methods to identify and improve enzymes capable of converting e.g. PET-based plastic materials for new building blocks. The company enables careful experiments and analyses of the behavior of different enzymes in the breakdown of e.g. PET material. The company refines its enzymes and also optimizes the processes for plastic recycling by combining experimental data with data analysis.

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