Lenz Therapeutics Stock Price To Book
| LENZ Stock | 35.50 1.18 3.44% |
LENZ Therapeutics fundamentals help investors to digest information that contributes to LENZ Therapeutics' financial success or failures. It also enables traders to predict the movement of LENZ Stock. The fundamental analysis module provides a way to measure LENZ Therapeutics' 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 LENZ Therapeutics stock.
Price To Book Ratio is likely to rise to 0.58 in 2024. LENZ | Price To Book |
LENZ Therapeutics Company Price To Book Analysis
LENZ Therapeutics' 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.
Current LENZ Therapeutics Price To Book | 3.11 X |
Most of LENZ Therapeutics' fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, LENZ Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
LENZ Price To Book Driver Correlations
Understanding the fundamental principles of building solid financial models for LENZ Therapeutics is extremely important. It helps to project a fair market value of LENZ Stock properly, considering its historical fundamentals such as Price To Book. Since LENZ Therapeutics' 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 LENZ Therapeutics' 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 LENZ Therapeutics' interrelated accounts and indicators.
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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.
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LENZ Book Value Per Share
Book Value Per Share |
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Based on the latest financial disclosure, LENZ Therapeutics has a Price To Book of 3.1126 times. This is 87.88% lower than that of the Biotechnology sector and 48.47% lower than that of the Health Care industry. The price to book for all United States stocks is 67.27% higher than that of the company.
LENZ Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LENZ Therapeutics' 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 LENZ Therapeutics could also be used in its relative valuation, which is a method of valuing LENZ Therapeutics by comparing valuation metrics of similar companies.LENZ Therapeutics is currently under evaluation in price to book category among its peers.
LENZ Fundamentals
| Return On Equity | -1.58 | ||||
| Return On Asset | -0.77 | ||||
| Current Valuation | 406.07 M | ||||
| Shares Outstanding | 27.47 M | ||||
| Shares Owned By Insiders | 5.40 % | ||||
| Shares Owned By Institutions | 86.06 % | ||||
| Number Of Shares Shorted | 2.07 M | ||||
| Price To Book | 3.11 X | ||||
| EBITDA | (122.24 M) | ||||
| Net Income | (124.65 M) | ||||
| Total Debt | 362 K | ||||
| Book Value Per Share | 7.46 X | ||||
| Cash Flow From Operations | (90.01 M) | ||||
| Short Ratio | 17.72 X | ||||
| Earnings Per Share | (2.74) X | ||||
| Target Price | 33.8 | ||||
| Market Capitalization | 600.49 M | ||||
| Total Asset | 188.46 M | ||||
| Retained Earnings | (367.05 M) | ||||
| Annual Yield | 0.89 % | ||||
| Net Asset | 188.46 M |
About LENZ Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LENZ Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LENZ Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LENZ Therapeutics 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.
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When running LENZ Therapeutics' price analysis, check to measure LENZ Therapeutics' 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 LENZ Therapeutics is operating at the current time. Most of LENZ Therapeutics' value examination focuses on studying past and present price action to predict the probability of LENZ Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LENZ Therapeutics' price. Additionally, you may evaluate how the addition of LENZ Therapeutics to your portfolios can decrease your overall portfolio volatility.