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Crinetics Pharmaceuticals (FRA:6Z4) Price-to-Tangible-Book : 4.10 (As of May. 31, 2024)


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What is Crinetics Pharmaceuticals Price-to-Tangible-Book?

As of today (2024-05-31), Crinetics Pharmaceuticals's share price is €42.00. Crinetics Pharmaceuticals's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €10.25. Hence, Crinetics Pharmaceuticals's Price to Tangible Book Ratio of today is 4.10.

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

FRA:6Z4' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.59   Med: 3.53   Max: 5.2
Current: 4.07

During the past 8 years, Crinetics Pharmaceuticals's highest Price to Tangible Book Ratio was 5.20. The lowest was 2.59. And the median was 3.53.

FRA:6Z4's Price-to-Tangible-Book is ranked worse than
65.55% of 1219 companies
in the Biotechnology industry
Industry Median: 2.77 vs FRA:6Z4: 4.07

A closely related ratio is called PB Ratio. As of today, Crinetics Pharmaceuticals's share price is €42.00. Crinetics Pharmaceuticals's Book Value per Sharefor the quarter that ended in Mar. 2024 was €10.25. Hence, Crinetics Pharmaceuticals's P/B Ratio of today is 4.10.


Crinetics Pharmaceuticals Price-to-Tangible-Book Historical Data

The historical data trend for Crinetics Pharmaceuticals'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.

Crinetics Pharmaceuticals Price-to-Tangible-Book Chart

Crinetics Pharmaceuticals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 4.88 2.50 3.82 3.08 4.44

Crinetics Pharmaceuticals 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 3.07 3.78 3.61 4.44 3.98

Competitive Comparison of Crinetics Pharmaceuticals's Price-to-Tangible-Book

For the Biotechnology subindustry, Crinetics Pharmaceuticals'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.


Crinetics Pharmaceuticals's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

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



Crinetics Pharmaceuticals Price-to-Tangible-Book Calculation

Crinetics Pharmaceuticals's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=42.00/10.249
=4.10

* 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.


Crinetics Pharmaceuticals Price-to-Tangible-Book Related Terms

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


Crinetics Pharmaceuticals (FRA:6Z4) Business Description

Traded in Other Exchanges
Address
10222 Barnes Canyon Road, Building No. 2, San Diego, CA, USA, 92121
Crinetics Pharmaceuticals Inc is a clinical-stage pharmaceutical company focused on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors.

Crinetics Pharmaceuticals (FRA:6Z4) Headlines

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