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Fractyl Health (Fractyl Health) Price-to-Tangible-Book : 4.38 (As of May. 24, 2024)


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What is Fractyl Health Price-to-Tangible-Book?

As of today (2024-05-24), Fractyl Health's share price is $7.70. Fractyl Health's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $1.76. Hence, Fractyl Health's Price to Tangible Book Ratio of today is 4.38.

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

GUTS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.21   Med: 4.21   Max: 4.45
Current: 4.38

During the past 5 years, Fractyl Health's highest Price to Tangible Book Ratio was 4.45. The lowest was 4.21. And the median was 4.21.

GUTS's Price-to-Tangible-Book is ranked worse than
67.38% of 1223 companies
in the Biotechnology industry
Industry Median: 2.78 vs GUTS: 4.38

A closely related ratio is called PB Ratio. As of today, Fractyl Health's share price is $7.70. Fractyl Health's Book Value per Sharefor the quarter that ended in Mar. 2024 was $1.76. Hence, Fractyl Health's P/B Ratio of today is 4.38.

Fractyl Health Price-to-Tangible-Book Historical Data

The historical data trend for Fractyl Health'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.

Fractyl Health Price-to-Tangible-Book Chart

Fractyl Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - - -

Fractyl Health Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 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 - - - - 4.21

Competitive Comparison of Fractyl Health's Price-to-Tangible-Book

For the Biotechnology subindustry, Fractyl Health'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.

Fractyl Health's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

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


Fractyl Health Price-to-Tangible-Book Calculation

Fractyl Health's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=7.70/1.757
=4.38

* 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.

Fractyl Health Price-to-Tangible-Book Related Terms

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

Fractyl Health (Fractyl Health) Business Description

Industry
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Comparable Companies
Traded in Other Exchanges
N/A
Address
17 Hartwell Avenue, Lexington, MA, USA, 02421
Website
https://www.fractyl.com
Fractyl Health Inc is a metabolic therapeutics company focused on pioneering new approaches to the treatment of metabolic diseases, including type 2 diabetes and obesity.