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Apogee Therapeutics Inc
NASDAQ:APGE

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Apogee Therapeutics Inc
NASDAQ:APGE
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Price: 86.47 USD 1% Market Closed
Market Cap: $6B

P/B

6.5
Current
78%
More Expensive
vs 3-y average of 3.7

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
6.5
=
Market Cap
$4.9B
/
Total Equity
$903.9m

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
6.5
=
Market Cap
$4.9B
/
Total Equity
$903.9m

Valuation Scenarios

Apogee Therapeutics Inc is trading above its 3-year average

If P/B returns to its 3-Year Average (3.7), the stock would be worth $48.49 (44% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-62%
Maximum Upside
No Upside Scenarios
Average Downside
45%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 6.5 $86.47
0%
3-Year Average 3.7 $48.49
-44%
5-Year Average 3.7 $48.49
-44%
Industry Average 4.6 $60.48
-30%
Country Average 2.5 $33.22
-62%

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
Apogee Therapeutics Inc
NASDAQ:APGE
5.9B USD 6.5 -23.1
FR
Pharnext SCA
OTC:PNEXF
6T USD -164 720.7 -160 127.7
US
Abbvie Inc
NYSE:ABBV
348.9B USD -106.7 83.4
US
Amgen Inc
NASDAQ:AMGN
183.4B USD 21.2 23.8
US
Gilead Sciences Inc
NASDAQ:GILD
158.5B USD 7 18.6
US
Epizyme Inc
F:EPE
94.1B EUR -5 465.3 -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
108.2B USD 5.8 27.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
78.7B USD 2.5 17.5
NL
argenx SE
XBRU:ARGX
41.9B EUR 6.6 37.5
US
Seagen Inc
F:SGT
39.3B EUR 18.2 -61.8
AU
CSL Ltd
ASX:CSL
63.6B AUD 2.3 30.3
P/E Multiple
Earnings Growth PEG
US
A
Apogee Therapeutics Inc
NASDAQ:APGE
Average P/E: 34.1
Negative Multiple: -23.1
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
83.4
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
23.8
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
18.6
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.4
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
17.5
14%
1.2
NL
argenx SE
XBRU:ARGX
37.5
30%
1.3
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
30.3
9%
3.4

Market Distribution

Higher than 78% of companies in the United States of America
Percentile
78th
Based on 10 946 companies
78th percentile
6.5
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

Apogee Therapeutics Inc
Glance View

Market Cap
6B USD
Industry
Biotechnology

In the dynamic landscape of biopharmaceutical innovation, Apogee Therapeutics Inc. has carved out a niche by focusing on the development of first-in-class and best-in-class antibody therapies aimed at challenging the standard paradigms of treatment for immunological diseases. Born from the convergence of advanced biological insights and cutting-edge technology, Apogee is on a relentless pursuit to decode the intricate immune responses involved in a multitude of chronic conditions. At its core, the company leverages a proprietary platform that integrates protein engineering with a robust understanding of immune pathways, enabling the design and optimization of novel antibodies that precisely target elusive disease mechanisms. This tailor-fitted framework propels Apogee to the forefront of therapeutic innovation, where science and strategic insight intersect. Revenue generation at Apogee Therapeutics hinges on a two-pronged strategy. On one hand, it is deeply invested in progressing its in-house portfolio of therapeutic candidates through clinical trials, ultimately aiming to secure regulatory approvals and bring these therapies to market. This approach positions the company to earn substantial returns by addressing significant unmet medical needs and capturing market share within the lucrative immunotherapy segment. Concurrently, Apogee engages in strategic collaborations and licensing agreements with other biotechnology firms and pharmaceutical giants. These partnerships not only provide a steady stream of income through milestone payments and royalties but also enhance the company's intellectual property portfolio and extend its research capabilities. In essence, Apogee Therapeutics Inc. thrives by balancing innovation with strategic alliances, generating revenue while advancing the frontiers of immunological treatment.

APGE Intrinsic Value
2 USD
Overvaluation 98%
Intrinsic Value
Price $86.47
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