T2 Biosystems (TTOO) Price/Book Ratio

Price: $1.82
Market Cap: $31.81M
Avg Volume: 174.70K
Country: US
Industry: Medical - Diagnostics & Research
Sector: Healthcare
Beta: 0.313
52W Range: $1.78-33.2
Website: T2 Biosystems

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