Artelo Biosciences Inc

NASDAQ ARTL

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Artelo Biosciences Inc Price to Book Ratio (P/B) on June 03, 2024: 0.47

Artelo Biosciences Inc Price to Book Ratio (P/B) is 0.47 on June 03, 2024, a 42.53% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Artelo Biosciences Inc 52-week high Price to Book Ratio (P/B) is 0.52 on May 20, 2024, which is 10.79% above the current Price to Book Ratio (P/B).
  • Artelo Biosciences Inc 52-week low Price to Book Ratio (P/B) is 0.23 on November 17, 2023, which is -50.86% below the current Price to Book Ratio (P/B).
  • Artelo Biosciences Inc average Price to Book Ratio (P/B) for the last 52 weeks is 0.33.
NASDAQ: ARTL

Artelo Biosciences Inc

CEO Mr. Gregory D. Gorgas M.B.A.
IPO Date Nov. 14, 2017
Location United States
Headquarters 505 Lomas Santa Fe, Solana Beach, CA, United States, 92075
Employees 5
Sector Healthcare
Industry Biotechnology
Description

Artelo Biosciences, Inc., a clinical stage biopharmaceutical company, develops and commercializes therapeutics that target lipid-signaling pathways in the United States. It's product candidate pipeline includes ART27.13, a synthetic dual cannabinoid G protein-coupled receptor agonist, which is in Phase 1b/2a clinical trial for the treatment of anorexia associated with cancer; ART12.11, a synthetic cannabidiol cocrystal for the treatment anxiety, post-traumatic stress disorder, epilepsy, inflammatory bowel disease, and other potential indications; and ART26.12, a fatty acid binding protein 5 inhibitor for treating chemotherapy induced peripheral neuropathy, diabetic neuropathy, prostate cancer and breast cancer, pain, dermatologic conditions, and anxiety disorders. The company was formerly known as Reactive Medical, Inc. and changed its name to Artelo Biosciences, Inc. in April 2017. Artelo Biosciences, Inc. was incorporated in 2011 and is based in Solana Beach, California.

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StockViz Staff

September 19, 2024

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