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Connect Biopharma Holdings Ltd
NASDAQ:CNTB

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Connect Biopharma Holdings Ltd
NASDAQ:CNTB
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Price: 2.52 USD -3.08%
Market Cap: $142.4m

P/B

23.3
Current
345%
More Expensive
vs 3-y average of 5.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
23.3
=
Market Cap
$161.4m
/
Total Equity
¥42m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
23.3
=
Market Cap
$161.4m
/
Total Equity
¥42m

Valuation Scenarios

Connect Biopharma Holdings Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (5.2), the stock would be worth $0.57 (78% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-89%
Maximum Upside
No Upside Scenarios
Average Downside
82%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 23.3 $2.52
0%
3-Year Average 5.2 $0.57
-78%
5-Year Average 5.2 $0.57
-78%
Industry Average 4.2 $0.45
-82%
Country Average 2.4 $0.26
-89%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Connect Biopharma Holdings Ltd
NASDAQ:CNTB
142.2m USD 23.3 -17.6
FR
Pharnext SCA
OTC:PNEXF
6T USD -164 720.7 -160 127.7
US
Abbvie Inc
NYSE:ABBV
355.3B USD -107.1 83.7
US
Amgen Inc
NASDAQ:AMGN
187.9B USD 21.6 24.2
US
Gilead Sciences Inc
NASDAQ:GILD
165.8B USD 7.1 19
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
110.5B USD 5.9 27.7
US
Epizyme Inc
F:EPE
94.1B EUR -5 465.3 -533.6
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
81B USD 2.5 17.5
NL
argenx SE
XBRU:ARGX
41.2B EUR 6.6 37.3
US
Seagen Inc
F:SGT
39.3B EUR 18.2 -61.8
AU
CSL Ltd
ASX:CSL
62.2B AUD 2.3 30.9
P/E Multiple
Earnings Growth PEG
CN
Connect Biopharma Holdings Ltd
NASDAQ:CNTB
Average P/E: 34.3
Negative Multiple: -17.6
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.7
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
24.2
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
19
16%
1.2
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.7
19%
1.5
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.5
14%
1.2
NL
argenx SE
XBRU:ARGX
37.3
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
30.9
9%
3.4

Market Distribution

Higher than 97% of companies in China
Percentile
97th
Based on 7 605 companies
97th percentile
23.3
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Connect Biopharma Holdings Ltd
Glance View

Market Cap
142.4m USD
Industry
Biotechnology

Connect Biopharma Holdings Ltd. engages in the development of therapies for the treatment of T cell-driven inflammatory diseases. The company is headquartered in Suzhou, Jiangsu and currently employs 108 full-time employees. The company went IPO on 2021-03-19. Its product candidate, CBP-201, is an antibody designed to target interleukin-4 receptor alpha, or IL-4Ra, which is a validated target for the treatment of inflammatory diseases such as atopic dermatitis (AD), and asthma. The company is also developing CBP-307, a modulator of a T cell receptor known as sphingosine 1-phosphate receptor 1, (S1P1), for the treatment of inflammatory bowel disease (IBD). The firm mainly conducts its businesses in the China market.

CNTB Intrinsic Value
0.66 USD
Overvaluation 74%
Intrinsic Value
Price $2.52
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