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Addex Therapeutics (XSWX:ADXN) Price-to-Tangible-Book : 7.42 (As of May. 16, 2024)


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What is Addex Therapeutics Price-to-Tangible-Book?

As of today (2024-05-16), Addex Therapeutics's share price is CHF0.0668. Addex Therapeutics's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was CHF0.01. Hence, Addex Therapeutics's Price to Tangible Book Ratio of today is 7.42.

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

XSWX:ADXN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.51   Med: 4.4   Max: 96.84
Current: 6.68

During the past 13 years, Addex Therapeutics's highest Price to Tangible Book Ratio was 96.84. The lowest was 1.51. And the median was 4.40.

XSWX:ADXN's Price-to-Tangible-Book is ranked worse than
79.2% of 1231 companies
in the Biotechnology industry
Industry Median: 2.81 vs XSWX:ADXN: 6.68

A closely related ratio is called PB Ratio. As of today, Addex Therapeutics's share price is CHF0.0668. Addex Therapeutics's Book Value per Sharefor the quarter that ended in Dec. 2023 was CHF0.01. Hence, Addex Therapeutics's P/B Ratio of today is 7.42.


Addex Therapeutics Price-to-Tangible-Book Historical Data

The historical data trend for Addex Therapeutics'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.

Addex Therapeutics Price-to-Tangible-Book Chart

Addex Therapeutics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 3.69 2.33 1.57 5.11

Addex Therapeutics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 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 1.57 3.60 1.61 1.65 5.11

Competitive Comparison of Addex Therapeutics's Price-to-Tangible-Book

For the Biotechnology subindustry, Addex Therapeutics'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.


Addex Therapeutics's Price-to-Tangible-Book Distribution in the Biotechnology Industry

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

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



Addex Therapeutics Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.0668/0.009
=7.42

* 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.


Addex Therapeutics Price-to-Tangible-Book Related Terms

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


Addex Therapeutics (XSWX:ADXN) Business Description

Traded in Other Exchanges
Address
Chemin des Aulx 12, Plan-les-Ouates, P.O. Box 68, Geneva, CHE, 1202
Addex Therapeutics Ltd is a biopharmaceutical company. The company is focused on the development and commercialization of an emerging class of novel orally available small molecule drugs known as allosteric modulators. The company's geographical area of operations includes Switzerland and Europe.

Addex Therapeutics (XSWX:ADXN) Headlines

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