Belite Bio, Inc
BLTE

$1.78 B
Marketcap
$58.03
Share price
Country
$2.35
Change (1 day)
$60.05
Year High
$31.01
Year Low
Categories

Belite Bio, Inc, a clinical-stage biopharmaceutical drug development company, engages in the research and development of novel therapeutics targeting atrophic age-related macular degeneration and autosomal recessive stargardt diseases. Its lead product candidate is LBS-008, an oral once-a-day treatment that can reduce and maintain the delivery of vitamin A to the eye to reduce the accumulation of toxic vitamin A by-products in ocular tissue that is in phase 3 clinical trial. The company is also developing LBS-009, an anti-retinol binding protein 4 oral therapy targeting liver disease, including non-alcoholic fatty liver disease, nonalcoholic steatohepatitis, and type 2 diabetes, which is in the preclinical development phase. Belite Bio, Inc was founded in 2016 and is based in San Diego, California. Belite Bio, Inc operates as a subsidiary of Lin Bioscience International Ltd.

marketcap

P/B ratio for Belite Bio, Inc (BLTE)

P/B ratio as of 2023: 13.45

According to Belite Bio, Inc's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 13.45. At the end of 2022 the company had a P/B ratio of 14.51.

P/B ratio history for Belite Bio, Inc from 2020 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 13.45
2022 14.51
2021 -16.91
2020 -36.26