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Tarsus Pharmaceuticals Inc
NASDAQ:TARS

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Tarsus Pharmaceuticals Inc
NASDAQ:TARS
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Price: 61.45 USD 0.79% Market Closed
Market Cap: $2.6B

P/B

7.6
Current
47%
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
7.6
=
Market Cap
$3B
/
Total Equity
$343.4m

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
7.6
=
Market Cap
$3B
/
Total Equity
$343.4m

Valuation Scenarios

Tarsus Pharmaceuticals Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (5.2), the stock would be worth $41.8 (32% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-67%
Maximum Upside
No Upside Scenarios
Average Downside
51%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 7.6 $61.45
0%
3-Year Average 5.2 $41.8
-32%
5-Year Average 3.5 $28.38
-54%
Industry Average 3.8 $30.42
-51%
Country Average 2.5 $20.29
-67%

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
US
Tarsus Pharmaceuticals Inc
NASDAQ:TARS
2.6B USD 7.6 -39.4
US
Eli Lilly and Co
NYSE:LLY
835.2B USD 31.5 40.5
US
Johnson & Johnson
NYSE:JNJ
547.8B USD 6.7 26
CH
Roche Holding AG
SIX:ROG
248.4B CHF 7.7 20.1
UK
AstraZeneca PLC
LSE:AZN
216.4B GBP 5.9 28
CH
Novartis AG
SIX:NOVN
223.1B CHF 5.9 19.5
US
Merck & Co Inc
NYSE:MRK
276.9B USD 5.3 15.2
IE
Endo International PLC
LSE:0Y5F
244.4B USD -58.7 -83.6
DK
Novo Nordisk A/S
CSE:NOVO B
1.1T DKK 6 11.4
US
Pfizer Inc
NYSE:PFE
153.5B USD 1.8 19.8
US
Bristol-Myers Squibb Co
NYSE:BMY
118.2B USD 6.4 16.8
P/E Multiple
Earnings Growth PEG
US
Tarsus Pharmaceuticals Inc
NASDAQ:TARS
Average P/E: 21.9
Negative Multiple: -39.4
N/A N/A
US
Eli Lilly and Co
NYSE:LLY
40.5
32%
1.3
US
Johnson & Johnson
NYSE:JNJ
26
8%
3.3
CH
Roche Holding AG
SIX:ROG
20.1
14%
1.4
UK
AstraZeneca PLC
LSE:AZN
28
25%
1.1
CH
Novartis AG
SIX:NOVN
19.5
14%
1.4
US
Merck & Co Inc
NYSE:MRK
15.2
14%
1.1
IE
E
Endo International PLC
LSE:0Y5F
Negative Multiple: -83.6 N/A N/A
DK
Novo Nordisk A/S
CSE:NOVO B
11.4
0%
N/A
US
Pfizer Inc
NYSE:PFE
19.8
22%
0.9
US
Bristol-Myers Squibb Co
NYSE:BMY
16.8
16%
1

Market Distribution

Higher than 81% of companies in the United States of America
Percentile
81st
Based on 10 946 companies
81st percentile
7.6
Low
0 — 1.5
Typical Range
1.5 — 4.8
High
4.8 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 1.5
Median 2.5
70th Percentile 4.8
Max 147 580.5

Tarsus Pharmaceuticals Inc
Glance View

Market Cap
2.6B USD
Industry
Pharmaceuticals

Tarsus Pharmaceuticals Inc. emerged as a dynamic player in the biotech landscape, primarily driven by its innovative approach to addressing unmet medical needs in ocular health. The company gained attention for its work on developing therapeutic solutions for conditions with significant market potential but limited existing treatments. With a focused approach on tackling Demodex blepharitis, an inflammation of the eyelids caused by a common parasitic mite, Tarsus developed TP-03, an innovative product spearheading its advancement in ocular therapeutics. This biopharmaceutical firm's strategy revolves around capitalizing on its scientific expertise to create niche products that cater to specific, underserved segments, aiming for leadership in targeted therapeutic areas. Tarsus Pharmaceuticals relies on the successful commercialization of its treatments to generate revenue, which primarily comes from sales and partnerships. By shepherding its products through clinical trials and securing regulatory approvals, Tarsus positions itself competitively in the pharmaceutical market. Its business model is centered on developing specialized treatments that fill gaps overlooked by larger pharmaceutical companies, allowing it to carve out a unique space in the industry. Furthermore, by building strategic alliances and leveraging partnerships, Tarsus enhances its capabilities for broader distribution and market penetration, thus ensuring sustainable growth and fostering innovation in therapeutic solutions.

TARS Intrinsic Value
85.41 USD
Undervaluation 28%
Intrinsic Value
Price $61.45
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