Avid Bioservices (Avid Bioservices) Price-to-Tangible-Book : 3.21 (As of May. 18, 2024)

Avid Bioservices Price-to-Tangible-Book Chart

Avid Bioservices Annual Data
	Trend	Apr14	Apr15	Apr16	Apr17	Apr18	Apr19	Apr20	Apr21	Apr22	Apr23
Price-to-Tangible-Book		Get a 7-Day Free Trial					5.07	8.22	16.81	4.77	5.97

Avid Bioservices Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Price-to-Tangible-Book	Get a 7-Day Free Trial															5.34	5.97	4.19	2.12	2.38

Competitive Comparison of Avid Bioservices's Price-to-Tangible-Book

For the Biotechnology subindustry, Avid Bioservices'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.

Avid Bioservices's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

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

Avid Bioservices Price-to-Tangible-Book Calculation

Avid Bioservices's price-to-tangible-book ratio for today is calculated as:

* 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.

Avid Bioservices Price-to-Tangible-Book Related Terms

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

Avid Bioservices (Avid Bioservices) Business Description