Immatics Biotechnologies Gmbh Stock Price To Book

IMTXW Stock  USD 0.30  0.04  11.76%   
immatics biotechnologies GmbH fundamentals help investors to digest information that contributes to Immatics Biotechnologies' financial success or failures. It also enables traders to predict the movement of Immatics Stock. The fundamental analysis module provides a way to measure Immatics Biotechnologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Immatics Biotechnologies stock.
Price To Book Ratio is likely to climb to 3.58 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

immatics biotechnologies GmbH Company Price To Book Analysis

Immatics Biotechnologies' Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Immatics Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Immatics Biotechnologies is extremely important. It helps to project a fair market value of Immatics Stock properly, considering its historical fundamentals such as Price To Book. Since Immatics Biotechnologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Immatics Biotechnologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Immatics Biotechnologies' interrelated accounts and indicators.
0.980.73-0.8-0.840.330.330.950.780.981.0-0.670.98-0.030.86-0.67
0.980.58-0.81-0.880.140.190.920.641.00.98-0.770.99-0.150.85-0.77
0.730.58-0.45-0.430.880.640.741.00.580.71-0.090.630.410.61-0.09
-0.8-0.81-0.450.87-0.06-0.31-0.6-0.52-0.81-0.80.82-0.810.4-0.540.82
-0.84-0.88-0.430.870.030.08-0.71-0.49-0.88-0.840.93-0.810.1-0.810.93
0.330.140.88-0.060.030.720.40.840.140.310.380.230.540.240.38
0.330.190.64-0.310.080.720.290.650.190.330.280.34-0.13-0.080.28
0.950.920.74-0.6-0.710.40.290.780.920.95-0.50.940.170.9-0.5
0.780.641.0-0.52-0.490.840.650.780.640.77-0.160.70.340.64-0.16
0.981.00.58-0.81-0.880.140.190.920.640.98-0.770.99-0.150.85-0.77
1.00.980.71-0.8-0.840.310.330.950.770.98-0.670.99-0.050.85-0.67
-0.67-0.77-0.090.820.930.380.28-0.5-0.16-0.77-0.67-0.680.35-0.631.0
0.980.990.63-0.81-0.810.230.340.940.70.990.99-0.68-0.160.8-0.68
-0.03-0.150.410.40.10.54-0.130.170.34-0.15-0.050.35-0.160.360.35
0.860.850.61-0.54-0.810.24-0.080.90.640.850.85-0.630.80.36-0.63
-0.67-0.77-0.090.820.930.380.28-0.5-0.16-0.77-0.671.0-0.680.35-0.63
Click cells to compare fundamentals
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

Immatics Book Value Per Share

Book Value Per Share

2.93

At this time, Immatics Biotechnologies' Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, immatics biotechnologies GmbH has a Price To Book of 0.0 times. This indicator is about the same for the Biotechnology average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Immatics Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Immatics Biotechnologies' direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Immatics Biotechnologies could also be used in its relative valuation, which is a method of valuing Immatics Biotechnologies by comparing valuation metrics of similar companies.
Immatics Biotechnologies is currently under evaluation in price to book category among its peers.

Immatics Biotechnologies Current Valuation Drivers

We derive many important indicators used in calculating different scores of Immatics Biotechnologies from analyzing Immatics Biotechnologies' financial statements. These drivers represent accounts that assess Immatics Biotechnologies' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Immatics Biotechnologies' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap583.4M423.8M743.6M546.8M767.3M480.3M
Enterprise Value483.3M222.4M620.4M412.8M564.3M373.5M

Immatics Fundamentals

About Immatics Biotechnologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze immatics biotechnologies GmbH's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Immatics Biotechnologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of immatics biotechnologies GmbH based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Immatics Stock Analysis

When running Immatics Biotechnologies' price analysis, check to measure Immatics Biotechnologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Immatics Biotechnologies is operating at the current time. Most of Immatics Biotechnologies' value examination focuses on studying past and present price action to predict the probability of Immatics Biotechnologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Immatics Biotechnologies' price. Additionally, you may evaluate how the addition of Immatics Biotechnologies to your portfolios can decrease your overall portfolio volatility.