Rexahn Pharmaceuticals (RNN)
Rexahn Pharmaceuticals Price / Book Value: 4.494
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RNN Price / Book Value Rankings
| Overall | 11th percentile | 3755 of 4245 |
| Sector | 28th percentile | 340 of 475 in Healthcare |
| Industry | 40th percentile | 85 of 144 in Biotechnology |
RNN Price / Book Value Range, Past 5 Years
| Minimum | 3.349 | Dec 2011 |
| Maximum | 31.56 | Jun 2008 |
| Average | 11.65 |
About Price to Book Ratio
The price to book value is a financial ratio used to compare a company's book value to its current market price. Book value is an accounting term denoting the portion of the company held by the shareholders at accounting value (not market value). In other words, book value is the company's total tangible assets less its total liabilities.
The ratio has two calculation methods. In the first way, the company's market capitalization is divided by the company's total book value from its balance sheet. The second way, using per-share values, is to divide the company's current share price by the book value per share. In general, a low price to book value indicates that a stock is undervalued and thus more desirable.
In theory, if you purchased stock with a price to book value less than 1 and the company immediately went bankrupt, you would gain money on your investment. In reality, this may not be true since there are times when liquidation value, or the price at which a company's assets can be sold, is less than the book value of those assets.
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RNN News
May 30, 8:00AM Business Wire
May 08, 8:02AM Benzinga
Apr 30, 8:00AM Business Wire
about 35 days ago by MarketBrief
Mar 27, 8:00AM Business Wire
Mar 13, 8:02AM Benzinga
Jan 25, 8:00AM Benzinga
Jan 18, 12:44PM Benzinga
Jan 18, 8:03AM Street Insider
Nov 09, 8:16AM Marketwire
Nov 04, 8:26AM Street Insider
Nov 04, 8:00AM Business Wire
Oct 12, 8:01AM FlyOnTheWall
Oct 12, 8:00AM Business Wire
Oct 03, 8:00AM Business Wire
Sep 08, 8:00AM Business Wire
Aug 08, 9:03AM FlyOnTheWall
about 307 days ago by Wiserguy1971
about 343 days ago by LitheLyricist
about 344 days ago by epollux
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| RNN | 0.408 | +0.00 | +0.00% | 38.90M |
| RNIN | 0.76 | +0.01 | +1.33% | 17.46M |
| RNF | 23.78 | +0.38 | +1.62% | |
| RNET | 15.33 | +0.13 | +0.86% | 234.69M |
| RNE | 13.72 | -0.25 | -1.79% | |
| RMTR | 1.86 | -0.10 | -5.10% | 69.24M |
| RMT | 8.70 | -0.02 | -0.23% | |
| RMKR | 0.65 | +0.02 | +3.14% | 17.43M |
| RMD | 30.70 | -0.42 | -1.35% | 4.487B |
| RMCF | 10.45 | -0.01 | -0.10% | 64.05M |