SmartKem (SmartKem) Price-to-Tangible-Book : 1.26 (As of May. 20, 2024)

View and export this data going back to 2021. Start your Free Trial

What is SmartKem Price-to-Tangible-Book?

As of today (2024-05-20), SmartKem's share price is $11.45. SmartKem's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.12. Hence, SmartKem's Price to Tangible Book Ratio of today is 1.26.

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

SMTK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.63 Med: 1.69 Max: 2.75
Current: 1.26

During the past 4 years, SmartKem's highest Price to Tangible Book Ratio was 2.75. The lowest was 0.63. And the median was 1.69.

SMTK's Price-to-Tangible-Book is ranked better than
83.58% of 950 companies
in the Semiconductors industry
Industry Median: 2.68 vs SMTK: 1.26

A closely related ratio is called PB Ratio. As of today, SmartKem's share price is $11.45. SmartKem's Book Value per Sharefor the quarter that ended in Dec. 2023 was $9.12. Hence, SmartKem's P/B Ratio of today is 1.26.

SmartKem Price-to-Tangible-Book Historical Data

The historical data trend for SmartKem'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.

SmartKem Price-to-Tangible-Book Chart

SmartKem Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.75

0.63

SmartKem Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial										2.75	1.53	0.48	0.51	0.63

Competitive Comparison of SmartKem's Price-to-Tangible-Book

For the Semiconductor Equipment & Materials subindustry, SmartKem'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.

SmartKem's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SmartKem's Price-to-Tangible-Book distribution charts can be found below:

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

SmartKem Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.45	/	9.119
	=	1.26

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.

SmartKem Price-to-Tangible-Book Related Terms

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

SmartKem (SmartKem) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SmartKem Inc (OTCPK:SMTK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Delaunays Road, Manchester Technology Center, Hexagon Tower, Blackley, Manchester, GBR, M9 8GQ

Website

https://www.smartkem.com

SmartKem Inc focuses on the design, development, industrialization, and technology transfer of low temp, solution-deposited organic semiconductors for transistor backplanes. The company's semiconductor platform can be used in a number of applications including mini-LED displays, AMOLED displays, fingerprint sensors, and logic circuits. The company derives revenue from the sale of TRUFLEX inks and demonstration products.

Executives

Sriram Krishnamurthy Peruvemba	director	12251 TOLUCA DRIVE, SAN RAMON CA 94583
Nigel Prue	officer: Chief Accounting Officer	C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ
Steven Denbaars	director	9805 NORTHCROSS CENTER CT, SUITE H, HUNTERSVILLE NC 28078
Simon P. King	director	C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ
Barbra Keck	director	C/O DELCATH SYSTEMS, INC., 600 FIFTH AVENUE, NEW YORK NY 10020
Robert Bahns	director, officer: Chief Financial Officer	C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ
Boer Klaas De	director	C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ
Ian Jenks	director, officer: Chairman & CEO	C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ
Simon Ogier	officer: Chief Technology Officer	C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ
Beverley Brown	officer: Chief Scientist	C/O SMARTKEM, INC., HEXAGON TOWER, DELAUNAYS ROAD, BLACKLEY, MANCHESTER X0 M9 8GQ
Mark N. Tompkins	other: Former Director and 10% Owner	APP. 1, VIA GUIDINO 23, LUGANO-PARADISO V8 6900
Entrepreneurs Fund Lp	10 percent owner	2ND FLOOR, WINDWARD HOUSE, LA ROUTE DE LA LIBERATION, ST. HELIER Y9 JE2 3BQ
Entrepreneurs Fund General Partner Ltd	10 percent owner	2ND FLOOR WINWARD HOUSE, LA ROUTE DE LA LIBERATION, ST. HELIER Y9 JE2 3BQ
Ian Seth Jacobs	other: Former Officer and Director	2255 GLADES RD., SUITE 324A, BOCA RATON FL 33431
Octopus Titan Vct Plc	10 percent owner	33 HOBORN, LONDON X0 EC1N 2HT