BRCTF (BioArctic AB) Price-to-Tangible-Book : 13.62 (As of Nov. 14, 2024)

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

As of today (2024-11-14), BioArctic AB's share price is $13.6566. BioArctic AB's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $1.00. Hence, BioArctic AB's Price to Tangible Book Ratio of today is 13.62.

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

BRCTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.89 Med: 9.74 Max: 30.49
Current: 13.94

During the past 9 years, BioArctic AB's highest Price to Tangible Book Ratio was 30.49. The lowest was 2.89. And the median was 9.74.

BRCTF's Price-to-Tangible-Book is ranked worse than
90.21% of 1185 companies
in the Biotechnology industry
Industry Median: 2.91 vs BRCTF: 13.94

A closely related ratio is called PB Ratio. As of today, BioArctic AB's share price is $13.6566. BioArctic AB's Book Value per Sharefor the quarter that ended in Jun. 2024 was $1.00. Hence, BioArctic AB's P/B Ratio of today is 13.62.

BioArctic AB Price-to-Tangible-Book Historical Data

The historical data trend for BioArctic 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.

BioArctic AB Price-to-Tangible-Book Chart

BioArctic AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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33.69

23.32

BioArctic AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial															28.71	22.13	23.32	18.91	21.14

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

For the Biotechnology subindustry, BioArctic 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.

BioArctic AB's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

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

BioArctic AB Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	13.6566	/	1.003
	=	13.62

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.

BioArctic AB Price-to-Tangible-Book Related Terms

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BioArctic AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BioArctic AB (OTCPK:BRCTF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BIOA B:Sweden BIOABs:UK 0RV2:UK B9A:Germany

Address

Warfvinges vag 35, Stockholm, SWE, SE-112 51

Website

https://www.bioarctic.se

BioArctic AB is a research-based biopharmaceutical company focusing on disease-modifying treatments and diagnostics for neurodegenerative diseases, such as Alzheimer's disease and Parkinson's disease, and ALS. In addition, the group is also focused on the development of a treatment with a combination of a biodegradable medical device and a drug substance for complete spinal cord injury. Geographically, it derives a majority of its revenue from Asia.