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 (2024-05-26), Roivant Sciences's share price is $10.98. Roivant Sciences's Book Value per Share for the quarter that ended in Dec. 2023 was $7.57. Hence, Roivant Sciences's PB Ratio of today is 1.45.
Good Sign:
Roivant Sciences Ltd stock PB Ratio (=1.45) is close to 3-year low of 1.31
The historical rank and industry rank for Roivant Sciences's PB Ratio or its related term are showing as below:
ROIV'
s PB Ratio Range Over the Past 10 Years
Min: 1.31 Med: 2.89 Max: 10.61
Current: 1.45
During the past 3 years, Roivant Sciences's highest PB Ratio was 10.61. The lowest was 1.31. And the median was 2.89.
ROIV's PB Ratio is ranked better than 71.19% of 1312
companies
in the Biotechnology industry
Industry Median: 2.5
vs ROIV: 1.45
During the past 12 months, Roivant Sciences's average Book Value Per Share Growth Rate was 475.40% per year.
Back to Basics: PB Ratio
Roivant Sciences PB Ratio Historical Data
The historical data trend for Roivant Sciences'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.
Competitive Comparison of Roivant Sciences's PB Ratio
For the Biotechnology subindustry, Roivant Sciences'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.
Roivant Sciences's PB Ratio Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Roivant Sciences's PB Ratio distribution charts can be found below:
* The bar in red indicates where Roivant Sciences's PB Ratio falls into.
Roivant Sciences 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.
* 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.
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.
Roivant Sciences PB Ratio Related Terms
Thank you for viewing the detailed overview of Roivant Sciences's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Roivant Sciences (Roivant Sciences) Business Description
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