T2 Biosystems (TTOO) Price/Book Ratio
Market Cap: $31.81M
Avg Volume: 174.70K
Industry: Medical - Diagnostics & Research
Sector: Healthcare
What is T2 Biosystems's Price/Book Ratio?
- T2 Biosystems's trailing twelve month (TTM) Price/Book ratio is -4.35.
- T2 Biosystems's annual Price/Book ratio as of today is -0.58.
- T2 Biosystems's quarterly Price/Book ratio is -12.86.
What is the Price/Book Ratio?
The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.
How is the Price/Book Ratio Calculated?
P/B Ratio = (Market Price per Share) / (Book Value per Share)
Related Metrics
Other important metrics to assess T2 Biosystems's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: -0.33
- Quarterly: -2.05
- TTM: -0.53
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 2.28
- Quarterly: 38.85
- TTM: 4.44
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: -0.34
- Quarterly: -8.21
- TTM: -0.59
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
- Annual: 0.00
- Quarterly: 0.03
- TTM: -0.01
These metrics provide insights into T2 Biosystems's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Book Ratio
-0.58
Quarterly Price/Book Ratio
-12.86
TTM Price/Book Ratio
-4.35
T2 Biosystems Historical Price/Book Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/C Ratio
Historical PEG Ratio
T2 Biosystems Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
Year | Price/Book Ratio | P/E Ratio | P/S Ratio | P/C Ratio | PEG Ratio |
---|---|---|---|---|---|
2023 | -0.58 | -0.33 | 2.28 | -0.34 | 0.00 |
2022 | -0.18 | -0.11 | 0.32 | -0.14 | 0.00 |
2021 | -6.35 | -1.53 | 2.92 | -2.11 | 0.09 |
2020 | 17.24 | -3.06 | 8.30 | -3.48 | 0.04 |
2019 | -1.57 | -0.84 | 6.39 | -1.17 | 0.00 |
2018 | 536.06 | -119.33 | 581.34 | -152.08 | 3.40 |
2017 | 4939.62 | -106.03 | 1418.58 | -138.71 | 13.64 |
2016 | 173.93 | -124.85 | 1676.99 | -147.33 | 26.91 |
2015 | 238.91 | -247.61 | 3986.64 | -299.33 | 6.36 |
2014 | 157.45 | -265.86 | 70128.18 | -296.10 | 3.52 |