As of today (2024-06-09), Spectral AI's share price is $1.55. Spectral AI's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.12. Hence, Spectral AI's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Spectral AI's Price-to-Tangible-Book or its related term are showing as below:
During the past 3 years, Spectral AI's highest Price to Tangible Book Ratio was 27.60. The lowest was 27.60. And the median was 27.60.
MDAI's Price-to-Tangible-Book is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.675 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Spectral AI Price-to-Tangible-Book Historical Data
The historical data trend for Spectral AI'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.
Competitive Comparison of Spectral AI's Price-to-Tangible-Book
For the Medical Devices subindustry, Spectral AI'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.
Spectral AI's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Spectral AI's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Spectral AI's Price-to-Tangible-Book falls into.
Spectral AI Price-to-Tangible-Book Calculation
Spectral AI's price-to-tangible-book ratio for today is calculated as:
* 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.
Spectral AI Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Spectral AI's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Spectral AI Inc is an AI company, focused on predictive medical diagnostics. Spectral is devoting substantially all of its efforts towards the research and development of its DeepView System, an internally developed MSI device that has designated FDA BDD status. Its DeepView System uses proprietary algorithms to distinguish between damaged and healthy human tissue invisible to the naked eye, providing Day One healing assessments in seconds. The Company's output is specifically engineered to allow the physician to make a more accurate, timely and informed decision regarding the treatment of the patient's wound.
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