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Inhibikase Therapeutics (Inhibikase Therapeutics) PB Ratio : 1.73 (As of May. 27, 2024)


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What is Inhibikase Therapeutics PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-27), Inhibikase Therapeutics's share price is $1.81. Inhibikase Therapeutics's Book Value per Share for the quarter that ended in Mar. 2024 was $1.05. Hence, Inhibikase Therapeutics's PB Ratio of today is 1.73.

The historical rank and industry rank for Inhibikase Therapeutics's PB Ratio or its related term are showing as below:

IKT' s PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.24   Max: 10.07
Current: 1.73

During the past 6 years, Inhibikase Therapeutics's highest PB Ratio was 10.07. The lowest was 0.21. And the median was 1.24.

IKT's PB Ratio is ranked better than
64.84% of 1314 companies
in the Biotechnology industry
Industry Median: 2.525 vs IKT: 1.73

During the past 12 months, Inhibikase Therapeutics's average Book Value Per Share Growth Rate was -78.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -32.80% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Inhibikase Therapeutics was -32.80% per year. The lowest was -32.80% per year. And the median was -32.80% per year.

Back to Basics: PB Ratio


Inhibikase Therapeutics PB Ratio Historical Data

The historical data trend for Inhibikase Therapeutics's PB Ratio 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.

Inhibikase Therapeutics PB Ratio Chart

Inhibikase Therapeutics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - 7.09 0.96 0.60 0.72

Inhibikase Therapeutics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio 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 0.81 0.98 0.50 0.72 2.07

Competitive Comparison of Inhibikase Therapeutics's PB Ratio

For the Biotechnology subindustry, Inhibikase Therapeutics's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Inhibikase Therapeutics's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Inhibikase Therapeutics's PB Ratio distribution charts can be found below:

* The bar in red indicates where Inhibikase Therapeutics's PB Ratio falls into.



Inhibikase Therapeutics PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Inhibikase Therapeutics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=1.81/1.046
=1.73

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Inhibikase Therapeutics  (NAS:IKT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Inhibikase Therapeutics PB Ratio Related Terms

Thank you for viewing the detailed overview of Inhibikase Therapeutics's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Inhibikase Therapeutics (Inhibikase Therapeutics) Business Description

Traded in Other Exchanges
N/A
Address
3350 Riverwood Parkway SE, Suite 1900, Atlanta, GA, USA, 30339
Inhibikase Therapeutics Inc is a clinical-stage pharmaceutical company developing therapeutics for Parkinson's disease and related disorders. Its multi-therapeutic pipeline focuses on neurodegeneration and its program for IkT-148009, an Abelson Tyrosine Kinase (c-Abl) inhibitor, intends to treat Parkinson's disease inside and outside the brain. The company is performing its Phase I, randomized single ascending dose and multiple ascending dose, study to determine the safety, tolerability and pharmacokinetics of IkT-148009 in older and healthy subjects. It is also advancing a novel drug delivery platform to treat certain forms of cancer at the same time as it is developing novel drugs for the treatment of neurodegenerative disease.
Executives
Paul C Grint director 7757 DOUGHILL COURT, SAN DIEGO CA 92127
Dennis N Berman director 9605 SCRANTON RD, STE 240, SAN DIEGO CA 92121
Roy Lester Freeman director 256 SUMMIT AVE, BROOKLINE MA 02446
Gisele Dion director C/O CYTEK BIOSCIENCES, INC., 46107 LANDING PARKWAY, FREMONT CA 94538
Milton H. Werner director, 10 percent owner, officer: President and CEO 3350 RIVERWOOD PARKWAY SE, SUITE 1900, ATLANTA GA 30339
Joseph Frattaroli officer: Cheif Financial Officer
Elizabeth G. O'farrell director 932 SOUTHWOOD BLVD., INCLINE VILLAGE NV 89451
Daniel Kalman 10 percent owner 3350 RIVERWOOD PARKWAY SE, SUITE 1900, ATLANTA GA 30339

Inhibikase Therapeutics (Inhibikase Therapeutics) Headlines

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