IR-Med (IR-Med) Price-to-Tangible-Book : 180.00 (As of May. 11, 2024)

View and export this data going back to 2021. Start your Free Trial

What is IR-Med Price-to-Tangible-Book?

As of today (2024-05-11), IR-Med's share price is $0.90. IR-Med's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.01. Hence, IR-Med's Price to Tangible Book Ratio of today is 180.00.

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

IRME' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 13.16 Med: 59.46 Max: 230
Current: 90

During the past 4 years, IR-Med's highest Price to Tangible Book Ratio was 230.00. The lowest was 13.16. And the median was 59.46.

IRME's Price-to-Tangible-Book is ranked worse than
99.71% of 697 companies
in the Medical Devices & Instruments industry
Industry Median: 2.75 vs IRME: 90.00

A closely related ratio is called PB Ratio. As of today, IR-Med's share price is $0.90. IR-Med's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.01. Hence, IR-Med's P/B Ratio of today is 180.00.

IR-Med Price-to-Tangible-Book Historical Data

The historical data trend for IR-Med'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.

IR-Med Price-to-Tangible-Book Chart

IR-Med Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

59.46

13.16

230.00

IR-Med Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial									13.16	15.48	36.90	73.11	230.00

Competitive Comparison of IR-Med's Price-to-Tangible-Book

For the Medical Devices subindustry, IR-Med'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.

IR-Med's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where IR-Med's Price-to-Tangible-Book falls into.

IR-Med Price-to-Tangible-Book Calculation

IR-Med's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.90	/	0.005
	=	180.00

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.

IR-Med Price-to-Tangible-Book Related Terms

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

IR-Med (IR-Med) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » IR-Med Inc (OTCPK:IRME) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Z.H.R Industrial Zone, P.O. Box 143, Rosh Pina, ISR, 1231400

Website

https://www.ir-medical.com

IR-Med Inc is a medical device company that specializes in infrared-based technologies. It develops medical devices based on the combination of Infra-Red (IR) and Artificial Intelligence (AI) technologies.