Intrinsic Value

Protagonist Therapeutics, Inc. (PTGX)

$25.56

+0.45 (+1.79%)

Enterprise Value -750,431,621,082.39
Net Debt -185.59
Equity Value -750,431,620,896.80
Shares Outstanding 56.76
Equity Value Per Share -13,220,306,022.33



Because investors are more interested in the value of the company’s shares alone, we’ll deduct net debt from this value to arrive at a fair value of the company’s equity. Fair Value = Enterprise Value – Debt