The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-18), Utah Medical Products's share price is $67.23. Utah Medical Products's Book Value per Share for the quarter that ended in Dec. 2023 was $35.35. Hence, Utah Medical Products's PB Ratio of today is 1.90.
Good Sign:
Utah Medical Products Inc stock PB Ratio (=1.91) is close to 10-year low of 1.91
The historical rank and industry rank for Utah Medical Products's PB Ratio or its related term are showing as below:
UTMD'
s PB Ratio Range Over the Past 10 Years
Min: 1.89 Med: 3.28 Max: 5.17
Current: 1.9
During the past 13 years, Utah Medical Products's highest PB Ratio was 5.17. The lowest was 1.89. And the median was 3.28.
UTMD's PB Ratio is ranked better than 56.32% of 799
companies
in the Medical Devices & Instruments industry
Industry Median: 2.18
vs UTMD: 1.90
During the past 12 months, Utah Medical Products's average Book Value Per Share Growth Rate was 12.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Utah Medical Products was 49.60% per year. The lowest was -3.20% per year. And the median was 7.40% per year.
Back to Basics: PB Ratio
Utah Medical Products PB Ratio Historical Data
The historical data trend for Utah Medical Products's PB Ratio 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.
Utah Medical Products Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
PB Ratio
3.97
2.99
3.41
3.19
2.38
Utah Medical Products Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
PB Ratio
3.19
2.91
2.78
2.52
2.38
Competitive Comparison
For the Medical Instruments & Supplies subindustry, Utah Medical Products's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Utah Medical Products PB Ratio Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Utah Medical Products's PB Ratio distribution charts can be found below:
* The bar in red indicates where Utah Medical Products's PB Ratio falls into.
Utah Medical Products PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Utah Medical Products's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Utah Medical Products (NAS:UTMD) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Utah Medical Products PB Ratio Related Terms
Thank you for viewing the detailed overview of Utah Medical Products's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Utah Medical Products (Utah Medical Products) Business Description
Utah Medical Products Inc is involved in the business of developing, manufacturing, and distributing medical devices that are mainly proprietary, disposable and for hospital use. The firm produces its products for Blood pressure monitoring, Blood collection, Electrosurgery, Gynecology, Neonatal critical care, perinatology, and Urology. The company's product portfolio includes Electrosurgical pens, Tenacula, Endoscopic bulb irrigators, Blood bag spikes. Its products are used mainly in critical care areas, labor and delivery departments of hospitals as well as outpatient clinics and physicians offices.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
UTMD has been successfully added to your 