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Orchestra BioMed Holdings (Orchestra BioMed Holdings) Price-to-Tangible-Book : 2.53 (As of May. 16, 2024)


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What is Orchestra BioMed Holdings Price-to-Tangible-Book?

As of today (2024-05-16), Orchestra BioMed Holdings's share price is $4.81. Orchestra BioMed Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.90. Hence, Orchestra BioMed Holdings's Price to Tangible Book Ratio of today is 2.53.

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

OBIO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.53   Med: 4.8   Max: 4.8
Current: 2.53

During the past 4 years, Orchestra BioMed Holdings's highest Price to Tangible Book Ratio was 4.80. The lowest was 2.53. And the median was 4.80.

OBIO's Price-to-Tangible-Book is ranked better than
54.59% of 1231 companies
in the Biotechnology industry
Industry Median: 2.81 vs OBIO: 2.53

A closely related ratio is called PB Ratio. As of today, Orchestra BioMed Holdings's share price is $4.81. Orchestra BioMed Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.90. Hence, Orchestra BioMed Holdings's P/B Ratio of today is 2.53.


Orchestra BioMed Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Orchestra BioMed Holdings'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.

Orchestra BioMed Holdings Price-to-Tangible-Book Chart

Orchestra BioMed Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 4.80

Orchestra BioMed Holdings Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 6.23 2.80 3.91 4.80

Competitive Comparison of Orchestra BioMed Holdings's Price-to-Tangible-Book

For the Biotechnology subindustry, Orchestra BioMed Holdings'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.


Orchestra BioMed Holdings's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

* The bar in red indicates where Orchestra BioMed Holdings's Price-to-Tangible-Book falls into.



Orchestra BioMed Holdings Price-to-Tangible-Book Calculation

Orchestra BioMed Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.81/1.902
=2.53

* 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.


Orchestra BioMed Holdings Price-to-Tangible-Book Related Terms

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


Orchestra BioMed Holdings (Orchestra BioMed Holdings) Business Description

Traded in Other Exchanges
N/A
Address
150 Union Square Drive,, New Hope, PA, USA, 18938
Orchestra BioMed Holdings Inc is a biomedical innovation company accelerating high-impact technologies to patients through risk-reward sharing partnerships. Its partnership-enabled business model focuses on forging strategic collaborations with medical device companies to drive the global commercialization of the products it develops. Orchestra BioMed's flagship product candidates include BackBeat Cardiac Neuromodulation Therapy (CNT) for the treatment of hypertension and Virtue Sirolimus AngioInfusionBalloon (SAB) for the treatment of atherosclerotic artery disease.
Executives
George Papandreou officer: See Remarks C/O ORCHESTRA BIOMED HOLDINGS, INC., 150 UNION SQUARE DRIVE, NEW HOPE PA 18938
Eric S Fain director ONE ST JUDE MEDICAL DRIVE, ST. PAUL MN MN
Jason Aryeh director 11119 NORTH TORREY PINES ROAD, SUITE 200, LA JOLLA CA 92037
David P Hochman director, officer: See Remarks 15 WESTON HILL RD., RIVERSIDE CT 06878
Joshua Aiello officer: Principal Accounting Officer 150 UNION SQUARE DRIVE, NEW HOPE PA 18938
Yuval Mika officer: See Remarks 150 UNION SQUARE DRIVE, NEW HOPE PA 18938
Pamela Ann Connealy director 320 W 37TH STREET, 3RD FLOOR, NEW YORK NY 10016
Darren Sherman director, officer: See Remarks C/O MOTUS GI HOLDINGS, INC., 1301 EAST BROWARD BLVD, 3RD FLOOR, FT. LAUDERDALE FL 33301
Rose Eric A Md director 161 FORT WASHINGTON AVENUE, 7TH FLOOR, NEW YORK NY 10032
Andrew Lawrence Taylor officer: Chief Financial Officer C/O MOTUS GI HOLDINGS, INC., 1301 EAST BROWARD BLVD, 3RD FLOOR, FT. LAUDERDALE FL 33301
William Reed Little officer: See Remarks C/O ORCHESTRA BIOMED HOLDINGS, INC., 150 UNION SQUARE DRIVE, NEW HOPE PA 18938
Plc Medtronic 10 percent owner 20 ON HATCH, LOWER HATCH STREET, DUBLIN L2 2
Michael Kaswan officer: Chief Financial Officer KBL HEALTHCARE ACQUISITION CORP II, 645 MADISON AVENUE, NEW YORK NY 10022
Geoffrey Wade Smith director 6740 SHADY OAK ROAD, EDEN PRAIRIE MN 55344
Rtw Investments, Lp 10 percent owner 40 10TH AVENUE, 7TH FLOOR, NEW YORK NY 10014