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Iovance Biotherapeutics (FRA:2LB) Price-to-Tangible-Book : 6.56 (As of Jun. 01, 2024)


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What is Iovance Biotherapeutics Price-to-Tangible-Book?

As of today (2024-06-01), Iovance Biotherapeutics's share price is €8.312. Iovance Biotherapeutics's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €1.27. Hence, Iovance Biotherapeutics's Price to Tangible Book Ratio of today is 6.56.

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

FRA:2LB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.06   Med: 4.5   Max: 15.61
Current: 6.39

During the past 13 years, Iovance Biotherapeutics's highest Price to Tangible Book Ratio was 15.61. The lowest was 2.06. And the median was 4.50.

FRA:2LB's Price-to-Tangible-Book is ranked worse than
78.87% of 1221 companies
in the Biotechnology industry
Industry Median: 2.79 vs FRA:2LB: 6.39

A closely related ratio is called PB Ratio. As of today, Iovance Biotherapeutics's share price is €8.312. Iovance Biotherapeutics's Book Value per Sharefor the quarter that ended in Mar. 2024 was €2.24. Hence, Iovance Biotherapeutics's P/B Ratio of today is 3.72.


Iovance Biotherapeutics Price-to-Tangible-Book Historical Data

The historical data trend for Iovance Biotherapeutics'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.

Iovance Biotherapeutics Price-to-Tangible-Book Chart

Iovance Biotherapeutics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.65 10.62 4.85 2.35 6.17

Iovance Biotherapeutics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 2.02 4.57 2.60 6.17 10.19

Competitive Comparison of Iovance Biotherapeutics's Price-to-Tangible-Book

For the Biotechnology subindustry, Iovance Biotherapeutics'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.


Iovance Biotherapeutics's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

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



Iovance Biotherapeutics Price-to-Tangible-Book Calculation

Iovance Biotherapeutics's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=8.312/1.268
=6.56

* 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.


Iovance Biotherapeutics Price-to-Tangible-Book Related Terms

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Iovance Biotherapeutics (FRA:2LB) Business Description

Traded in Other Exchanges
Address
825 Industrial Road, Suite 400, San Carlos, CA, USA, 94070
Iovance Biotherapeutics Inc is a clinical-stage biopharmaceutical company, pioneering a transformational approach to treating cancer by harnessing the human immune system's ability to recognize and destroy diverse cancer cells using therapies personalized for each patient. The company is preparing for potential U.S. regulatory approval and commercialization of the first autologous T-cell therapy to address a solid tumor cancer. its objective is to be the leader in innovating, developing, and delivering tumor-infiltrating lymphocyte, or TIL, therapies for patients with solid tumor cancers.

Iovance Biotherapeutics (FRA:2LB) Headlines

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