As of today (2024-04-23), Kodiak Sciences's share price is $3.34. Kodiak Sciences's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.06. Hence, Kodiak Sciences's Price to Tangible Book Ratio of today is 0.66.
The historical rank and industry rank for Kodiak Sciences's Price-to-Tangible-Book or its related term are showing as below:
KOD'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6 Med: 4.82 Max: 9.25
Current: 0.66
During the past 8 years, Kodiak Sciences's highest Price to Tangible Book Ratio was 9.25. The lowest was 0.60. And the median was 4.82.
KOD's Price-to-Tangible-Book is ranked better than 90.01% of 1221
companies
in the Biotechnology industry
Industry Median: 2.67
vs KOD: 0.66
A closely related ratio is called PB Ratio. As of today, Kodiak Sciences's share price is $3.34. Kodiak Sciences's Book Value per Sharefor the quarter that ended in Dec. 2023 was $5.06. Hence, Kodiak Sciences's P/B Ratio of today is 0.66.
Kodiak Sciences Price-to-Tangible-Book Historical Data
The historical data trend for Kodiak Sciences'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.
For the Biotechnology subindustry, Kodiak Sciences'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.
Kodiak Sciences Price-to-Tangible-Book Distribution
For the Biotechnology industry and Healthcare sector, Kodiak Sciences's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Kodiak Sciences's Price-to-Tangible-Book falls into.
* 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.
Kodiak Sciences Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Kodiak Sciences's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Kodiak Sciences (Kodiak Sciences) Business Description
Kodiak Sciences Inc is a biopharmaceutical company specializing in novel therapeutics to treat high-prevalence retinal diseases. The product candidate of the company is KSI-301, which is a novel antibody biopolymer conjugate, in treatment-naive subjects with neovascular wet AMD.
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