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Orthofix Medical (FRA:OM2) Price-to-Tangible-Book : 1.92 (As of Jun. 05, 2024)


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What is Orthofix Medical Price-to-Tangible-Book?

As of today (2024-06-05), Orthofix Medical's share price is €12.40. Orthofix Medical's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €6.46. Hence, Orthofix Medical's Price to Tangible Book Ratio of today is 1.92.

The historical rank and industry rank for Orthofix Medical's Price-to-Tangible-Book or its related term are showing as below:

FRA:OM2' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.58   Med: 3.18   Max: 5.51
Current: 1.96

During the past 13 years, Orthofix Medical's highest Price to Tangible Book Ratio was 5.51. The lowest was 1.58. And the median was 3.18.

FRA:OM2's Price-to-Tangible-Book is ranked better than
62.25% of 702 companies
in the Medical Devices & Instruments industry
Industry Median: 2.685 vs FRA:OM2: 1.96

A closely related ratio is called PB Ratio. As of today, Orthofix Medical's share price is €12.40. Orthofix Medical's Book Value per Sharefor the quarter that ended in Mar. 2024 was €14.03. Hence, Orthofix Medical's P/B Ratio of today is 0.88.


Orthofix Medical Price-to-Tangible-Book Historical Data

The historical data trend for Orthofix Medical's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Orthofix Medical Price-to-Tangible-Book Chart

Orthofix Medical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.22 3.76 2.84 1.78 1.74

Orthofix Medical Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.68 2.04 1.64 1.74 2.01

Competitive Comparison of Orthofix Medical's Price-to-Tangible-Book

For the Medical Devices subindustry, Orthofix Medical's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Orthofix Medical's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Orthofix Medical's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Orthofix Medical's Price-to-Tangible-Book falls into.



Orthofix Medical Price-to-Tangible-Book Calculation

Orthofix Medical's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=12.40/6.458
=1.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Orthofix Medical Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Orthofix Medical's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Orthofix Medical (FRA:OM2) Business Description

Traded in Other Exchanges
Address
3451 Plano Parkway, Lewisville, TX, USA, 75056
Orthofix Medical Inc. is a medical device company delivering orthopedic and spine solutions to healthcare providers. The company has two main segments: global spine, including bone growth and healing therapies, spinal implants, and regenerative tissue products; and global orthopedics, providing products used in fracture repair, deformity correction, and bone reconstruction procedures. The majority of the company's sales come from the global spine segment in the United States. Orthofix distributes its products throughout North America, Europe, and several countries globally. The company provides solutions to hospitals, physicians, other healthcare providers, and patients.

Orthofix Medical (FRA:OM2) Headlines

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