Spyre Tangible Book Value Per Share from 2010 to 2024

SYRE Stock   26.49  0.32  1.19%   
Spyre Therapeutics' Tangible Book Value Per Share is decreasing over the years with slightly volatile fluctuation. Tangible Book Value Per Share is expected to dwindle to 25.35. During the period from 2010 to 2024 Spyre Therapeutics Tangible Book Value Per Share annual values regression line had geometric mean of  76.65 and mean square error of  559.96. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
26.68033432
Current Value
25.35
Quarterly Volatility
61.70803061
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Spyre Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Spyre Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Total Revenue of 841.7 K or Other Operating Expenses of 255.3 M, as well as many indicators such as Price To Sales Ratio of 176, Dividend Yield of 0.0 or PTB Ratio of 0.77. Spyre financial statements analysis is a perfect complement when working with Spyre Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Spyre Therapeutics Correlation against competitors.
For information on how to trade Spyre Stock refer to our How to Trade Spyre Stock guide.

Latest Spyre Therapeutics' Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Spyre Therapeutics over the last few years. It is Spyre Therapeutics' Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Spyre Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Spyre Tangible Book Value Per Share Regression Statistics

Arithmetic Mean100.06
Geometric Mean76.65
Coefficient Of Variation61.67
Mean Deviation56.66
Median83.18
Standard Deviation61.71
Sample Variance3,808
Range146
R-Value(0.93)
Mean Square Error559.96
R-Squared0.86
Slope(12.82)
Total Sum of Squares53,310

Spyre Tangible Book Value Per Share History

2024 25.35
2023 26.68
2022 14.92
2021 31.92
2020 65.5
2019 47.01
2018 80.96

About Spyre Therapeutics Financial Statements

Spyre Therapeutics stakeholders use historical fundamental indicators, such as Spyre Therapeutics' Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Spyre Therapeutics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Spyre Therapeutics' assets and liabilities are reflected in the revenues and expenses on Spyre Therapeutics' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Spyre Therapeutics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 26.68  25.35 

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When determining whether Spyre Therapeutics is a strong investment it is important to analyze Spyre Therapeutics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Spyre Therapeutics' future performance. For an informed investment choice regarding Spyre Stock, refer to the following important reports:
Check out the analysis of Spyre Therapeutics Correlation against competitors.
For information on how to trade Spyre Stock refer to our How to Trade Spyre Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spyre Therapeutics. If investors know Spyre will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spyre Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(37.90)
Return On Assets
(0.39)
Return On Equity
(0.92)
The market value of Spyre Therapeutics is measured differently than its book value, which is the value of Spyre that is recorded on the company's balance sheet. Investors also form their own opinion of Spyre Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Spyre Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spyre Therapeutics' market value can be influenced by many factors that don't directly affect Spyre Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spyre Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spyre Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spyre Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.