The historical rank and industry rank for ClearPoint Neuro's Price-to-Tangible-Book or its related term are showing as below:
CLPT'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.41 Med: 7.52 Max: 133.53
Current: 4.76
During the past 13 years, ClearPoint Neuro's highest Price to Tangible Book Ratio was 133.53. The lowest was 3.41. And the median was 7.52.
CLPT's Price-to-Tangible-Book is ranked worse than 69.48% of 698
companies
in the Medical Devices & Instruments industry
Industry Median: 2.75
vs CLPT: 4.76
ClearPoint Neuro Price-to-Tangible-Book Historical Data
The historical data trend for ClearPoint Neuro'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 ClearPoint Neuro's Price-to-Tangible-Book
For the Medical Devices subindustry, ClearPoint Neuro'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.
ClearPoint Neuro's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, ClearPoint Neuro's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ClearPoint Neuro'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.
ClearPoint Neuro Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of ClearPoint Neuro's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
ClearPoint Neuro (ClearPoint Neuro) Business Description
ClearPoint Neuro Inc is a medical device company based in the United States. It develops and commercializes platforms for performing minimally invasive surgical procedures in the brain and heart under direct, intra-procedural magnetic resonance imaging (MRI) guidance. The company's ClearPoint system, which is in commercial use in the United States, is used to perform minimally invasive surgical procedures in the brain and ClearTrace is used to perform minimally invasive surgical procedures in the heart. The company's products and product candidates include ClearPoint neuro system, MRI-guided drug delivery, and Thermal therapy system.
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