Price to Book ratio Analysis of Galecto Inc - Deep Dive


Latest FY PB
Period Ending - Dec-23

499.70


Very Poor PB
Period Ending - Dec-22
0.250

Excellent PB
Growth
199642 %
Trailing Twelve Months PB
Period Ending - Dec-23

105.55


Very Poor PB
Most recent Quarter PB
Period Ending - Mar-24

0.587


Very Good PB
PB Analysis of Galecto Inc
P/B Ratio of Galecto Inc with value of 105.55 shows that company is trading much above Book value and may be risky.
PB Ratio of GLTO rose handsomely by 199642 % this year.
PB Ratio of GLTO trending up for at least three Years.
PB Ratio with value of 0.0168 was lowest in Year Dec-20 in last Five Years.
Latest PB Ratio with value of 499.70 is Greater than Average PB of 100.04 in last five years.
Other PB Related Info of GLTO that may interest you.
Galecto Inc Overview
CodePricePrevious PricePrice ChangeSector
GLTO0.6080.61 0.328 % Biotechnology
Fundamental AnalysisTechnical Analysis
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company.    more ..
Price to Book Formula

PB Related Ratios
PriceToEarningRatioPriceToSalesRatioReturnOnEquity

Tsr Value Index
Very Low Value Stock
FY - Historical Price to Book of Galecto Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18
PB499.700.2500.1310.01680.0900.142
Change199642 %90.93 %679.92 %-81.36 %-36.75 %
FY Chart of Price to Book of Galecto Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)