The historical rank and industry rank for Precision Optics's Price-to-Tangible-Book or its related term are showing as below:
POCI'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.4 Med: 7.64 Max: 61.17
Current: 18.47
During the past 13 years, Precision Optics's highest Price to Tangible Book Ratio was 61.17. The lowest was 3.40. And the median was 7.64.
POCI's Price-to-Tangible-Book is ranked worse than 93.72% of 701
companies
in the Medical Devices & Instruments industry
Industry Median: 2.78
vs POCI: 18.47
Precision Optics Price-to-Tangible-Book Historical Data
The historical data trend for Precision Optics'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 Precision Optics's Price-to-Tangible-Book
For the Medical Instruments & Supplies subindustry, Precision Optics'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.
Precision Optics's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Precision Optics's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Precision Optics's Price-to-Tangible-Book falls into.
* 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.
Precision Optics Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Precision Optics's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Precision Optics (Precision Optics) Business Description
Precision Optics Corp Inc is engaged in designing, developing, and manufacturing advanced optical instruments. It manufactures medical products such as endoscopes and endocouplers which incorporate various optical technologies for use in a variety of minimally invasive surgical and diagnostic procedures. The company also produces endoscopes for various applications as well as designs and manufactures custom optical medical devices to satisfy customers' specific requirements. In addition, the company manufactures and sells components and assemblies specially designed for industrial and military use. The company earns the majority of its revenue from the United States.
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