Tectonic Therapeutic, Stock Price To Book
| TECX Stock | 47.56 0.12 0.25% |
Tectonic Therapeutic, fundamentals help investors to digest information that contributes to Tectonic Therapeutic,'s financial success or failures. It also enables traders to predict the movement of Tectonic Stock. The fundamental analysis module provides a way to measure Tectonic Therapeutic,'s intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tectonic Therapeutic, stock.
Price To Book Ratio is likely to drop to 0.60 in 2024. Tectonic | Price To Book |
Tectonic Therapeutic, Company Price To Book Analysis
Tectonic Therapeutic,'s Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Tectonic Therapeutic, Price To Book | 1.59 X |
Most of Tectonic Therapeutic,'s fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tectonic Therapeutic, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tectonic Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for Tectonic Therapeutic, is extremely important. It helps to project a fair market value of Tectonic Stock properly, considering its historical fundamentals such as Price To Book. Since Tectonic Therapeutic,'s main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tectonic Therapeutic,'s historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tectonic Therapeutic,'s interrelated accounts and indicators.
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Tectonic Price To Book Historical Pattern
Today, most investors in Tectonic Therapeutic, Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tectonic Therapeutic,'s growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tectonic Therapeutic, price to book as a starting point in their analysis.
Tectonic Therapeutic, Price To Book |
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Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Tectonic Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, Tectonic Therapeutic, has a Price To Book of 1.5933 times. This is 93.8% lower than that of the Biotechnology sector and 73.62% lower than that of the Health Care industry. The price to book for all United States stocks is 83.25% higher than that of the company.
Tectonic Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tectonic Therapeutic,'s direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tectonic Therapeutic, could also be used in its relative valuation, which is a method of valuing Tectonic Therapeutic, by comparing valuation metrics of similar companies.Tectonic Therapeutic, is currently under evaluation in price to book category among its peers.
Tectonic Therapeutic, Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tectonic Therapeutic, from analyzing Tectonic Therapeutic,'s financial statements. These drivers represent accounts that assess Tectonic Therapeutic,'s ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tectonic Therapeutic,'s important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 552.2M | 504.7M | 165.0M | 31.1M | 60.3M | 57.3M | |
| Enterprise Value | 365.2M | 245.0M | (9.6M) | (45.3M) | 35.9M | 34.1M |
Tectonic Fundamentals
| Current Valuation | 83.39 M | ||||
| Shares Outstanding | 14.73 M | ||||
| Shares Owned By Insiders | 39.39 % | ||||
| Shares Owned By Institutions | 43.43 % | ||||
| Number Of Shares Shorted | 476.84 K | ||||
| Price To Book | 1.59 X | ||||
| EBITDA | (43.17 M) | ||||
| Net Income | (42.82 M) | ||||
| Total Debt | 4.34 M | ||||
| Book Value Per Share | 11.29 X | ||||
| Cash Flow From Operations | (40.68 M) | ||||
| Short Ratio | 1.44 X | ||||
| Earnings Per Share | (3.07) X | ||||
| Target Price | 60.0 | ||||
| Number Of Employees | 44 | ||||
| Market Capitalization | 265.07 M | ||||
| Total Asset | 101.09 M | ||||
| Retained Earnings | (477.27 M) | ||||
| Working Capital | 29.2 M | ||||
| Net Asset | 101.09 M |
About Tectonic Therapeutic, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tectonic Therapeutic,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tectonic Therapeutic, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tectonic Therapeutic, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Tectonic Therapeutic,'s price analysis, check to measure Tectonic Therapeutic,'s market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tectonic Therapeutic, is operating at the current time. Most of Tectonic Therapeutic,'s value examination focuses on studying past and present price action to predict the probability of Tectonic Therapeutic,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tectonic Therapeutic,'s price. Additionally, you may evaluate how the addition of Tectonic Therapeutic, to your portfolios can decrease your overall portfolio volatility.