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As of today (2024-05-14), Gritstone Bio's share price is $0.7613. Gritstone Bio's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.14. Hence, Gritstone Bio's Price to Tangible Book Ratio of today is 5.36.
The historical rank and industry rank for Gritstone Bio's Price-to-Tangible-Book or its related term are showing as below:
During the past 8 years, Gritstone Bio's highest Price to Tangible Book Ratio was 18.10. The lowest was 1.08. And the median was 2.17.
A closely related ratio is called PB Ratio. As of today, Gritstone Bio's share price is $0.7613. Gritstone Bio's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.14. Hence, Gritstone Bio's P/B Ratio of today is 5.36.
The historical data trend for Gritstone Bio'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.
Gritstone Bio Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 2.43 | 1.12 | 4.11 | 1.76 | 3.84 |
Gritstone Bio 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 | 1.73 | 1.62 | 2.16 | 3.84 | 18.10 |
For the Biotechnology subindustry, Gritstone Bio'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.
For the Biotechnology industry and Healthcare sector, Gritstone Bio's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Gritstone Bio's Price-to-Tangible-Book falls into.
Gritstone Bio's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Mar. 2024 ) |
= | 0.7613 | / | 0.142 | |
= | 5.36 |
* 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:
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.
Thank you for viewing the detailed overview of Gritstone Bio's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Lawrence Corey | director | C/O GRITSTONE BIO, INC., 5959 HORTON STREET, SUITE 300, EMERYVILLE CA 94608 |
Naiyer Rizvi | director | C/O ARMO BIOSCIENCES, INC., 575 CHESAPEAKE DRIVE, REDWOOD CITY CA 94063 |
Elaine V Jones | director | C/O TARGACEPT, INC., 200 EAST FIRST STREET, SUITE 300, WINSTON-SALEM NC 27101 |
Clare Fisher | director | C/O GRITSTONE ONCOLOGY, INC., 5959 HORTON STREET, SUITE 300, EMERYVILLE CA 94608 |
Steve E. Krognes | director | 863 MITTEN ROAD, SUITE 102, BURLINGAME CA 94010 |
Shefali Agarwal | director | C/O EPIZYME, INC., 400 TECHNOLOGY SQUARE, CAMBRIDGE MA 02139 |
Vassiliki Economides | officer: See Remarks | C/O KEZAR LIFE SCIENCES, INC., 4000 SHORELINE COURT, SUITE 300, SOUTH SAN FRANCISCO CA 94080 |
Erin Jones | officer: See Remarks | C/O GRITSTONE ONCOLOGY, INC., 5858 HORTON STREET, SUITE 210, EMERYVILLE CA 94608 |
James Cho | officer: Chief Accounting Officer | C/O GRITSTONE ONCOLOGY, INC., 5959 HORTON STREET, SUITE 300, EMERYVILLE CA 94608 |
Raphael Rousseau | officer: See Remarks | C/O GRITSTONE ONCOLOGY, INC., 5858 HORTON STREET, SUITE 210, EMERYVILLE CA 94608 |
Roman Yelensky | officer: See Remarks | C/O GRITSTONE ONCOLOGY, INC., 5858 HORTON STREET, SUITE 210, EMERYVILLE CA 94608 |
Thomas Woiwode | director | ONE SANSOME STREET, SUITE 1650, SAN FRANCISCO CA 94104 |
Rahsaan Thompson | officer: EVP and General Counsel | 233 WILSHIRE BOULEVARD, SUITE 280, SANTA MONICA CA 90401 |
Vijay Yabannavar | officer: See Remarks | C/O GRITSTONE ONCOLOGY, INC., 5858 HORTON STREET, SUITE 210, EMERYVILLE CA 94608 |
Nicholas Simon | director | 101 MAIN STREET SUITE 1210, CAMBRIDGE MA 02142 |
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