Galapagos Tangible Book Value Per Share from 2010 to 2024

GLPG Stock  USD 27.31  0.18  0.66%   
Galapagos' Tangible Book Value Per Share is increasing over the last several years with slightly volatile swings. Tangible Book Value Per Share is estimated to finish at 41.41 this year. During the period from 2010 to 2024 Galapagos NV ADR Tangible Book Value Per Share regressed destribution of quarterly values had coefficient of variationof  77.22 and r-value of  0.92. View All Fundamentals
 
Tangible Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
39.4345061
Current Value
41.41
Quarterly Volatility
17.15638201
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Galapagos financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Galapagos' main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.8 M, Interest Expense of 2.5 M or Selling General Administrative of 97.1 M, as well as many indicators such as Price To Sales Ratio of 7.86, Dividend Yield of 0.0 or PTB Ratio of 1.67. Galapagos financial statements analysis is a perfect complement when working with Galapagos Valuation or Volatility modules.
  
Check out the analysis of Galapagos Correlation against competitors.

Latest Galapagos' Tangible Book Value Per Share Growth Pattern

Below is the plot of the Tangible Book Value Per Share of Galapagos NV ADR over the last few years. It is Galapagos' Tangible Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Galapagos' overall financial position and show how it may be relating to other accounts over time.
Tangible Book Value Per Share10 Years Trend
Slightly volatile
   Tangible Book Value Per Share   
       Timeline  

Galapagos Tangible Book Value Per Share Regression Statistics

Arithmetic Mean22.22
Geometric Mean13.75
Coefficient Of Variation77.22
Mean Deviation15.02
Median20.42
Standard Deviation17.16
Sample Variance294.34
Range47.8096
R-Value0.92
Mean Square Error49.13
R-Squared0.85
Slope3.53
Total Sum of Squares4,121

Galapagos Tangible Book Value Per Share History

2024 41.41
2023 39.43
2022 35.16
2021 39.44
2020 40.0
2019 49.48
2018 23.23

About Galapagos Financial Statements

Galapagos stakeholders use historical fundamental indicators, such as Galapagos' Tangible Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Galapagos investors may analyze each financial statement separately, they are all interrelated. For example, changes in Galapagos' assets and liabilities are reflected in the revenues and expenses on Galapagos' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Galapagos NV ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tangible Book Value Per Share 39.43  41.41 

Currently Active Assets on Macroaxis

When determining whether Galapagos NV ADR is a strong investment it is important to analyze Galapagos' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Galapagos' future performance. For an informed investment choice regarding Galapagos Stock, refer to the following important reports:
Check out the analysis of Galapagos Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Galapagos. If investors know Galapagos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Galapagos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.748
Earnings Share
(0.96)
Revenue Per Share
0.1977
Quarterly Revenue Growth
(0.50)
Return On Assets
(0.02)
The market value of Galapagos NV ADR is measured differently than its book value, which is the value of Galapagos that is recorded on the company's balance sheet. Investors also form their own opinion of Galapagos' value that differs from its market value or its book value, called intrinsic value, which is Galapagos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Galapagos' market value can be influenced by many factors that don't directly affect Galapagos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Galapagos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Galapagos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galapagos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.