Tecan Group AG (XSWX:TECN) Price-to-Tangible-Book : 12.74 (As of May. 06, 2024)

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What is Tecan Group AG Price-to-Tangible-Book?

As of today (2024-05-06), Tecan Group AG's share price is CHF326.60. Tecan Group AG's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was CHF25.64. Hence, Tecan Group AG's Price to Tangible Book Ratio of today is 12.74.

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

XSWX:TECN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.75 Med: 6.77 Max: 80.84
Current: 12.74

During the past 13 years, Tecan Group AG's highest Price to Tangible Book Ratio was 80.84. The lowest was 4.75. And the median was 6.77.

XSWX:TECN's Price-to-Tangible-Book is ranked worse than
89.99% of 699 companies
in the Medical Devices & Instruments industry
Industry Median: 2.74 vs XSWX:TECN: 12.74

A closely related ratio is called PB Ratio. As of today, Tecan Group AG's share price is CHF326.60. Tecan Group AG's Book Value per Sharefor the quarter that ended in Dec. 2023 was CHF105.52. Hence, Tecan Group AG's P/B Ratio of today is 3.10.

Tecan Group AG Price-to-Tangible-Book Historical Data

The historical data trend for Tecan Group AG'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.

Tecan Group AG Price-to-Tangible-Book Chart

Tecan Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

7.40

9.98

80.84

22.86

13.40

Tecan Group AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															80.84	24.50	22.86	17.15	13.40

Competitive Comparison of Tecan Group AG's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Tecan Group AG'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.

Tecan Group AG's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Tecan Group AG's Price-to-Tangible-Book falls into.

Tecan Group AG Price-to-Tangible-Book Calculation

Tecan Group AG's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	326.60	/	25.635
	=	12.74

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Tecan Group AG Price-to-Tangible-Book Related Terms

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

Tecan Group AG (XSWX:TECN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tecan Group AG (XSWX:TECN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TCGGY:USA TCHBF:USA TECNz:UK

Address

Seestrasse 103, Mannedorf, CHE, 8708

Website

https://www.tecan.com

Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life science research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.

Tecan Group AG (XSWX:TECN) Headlines

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