As of today (2024-05-13), Pulmonx's share price is $8.77. Pulmonx's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $2.79. Hence, Pulmonx's Price to Tangible Book Ratio of today is 3.15.
The historical rank and industry rank for Pulmonx's Price-to-Tangible-Book or its related term are showing as below:
LUNG'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.09 Med: 4.06 Max: 11.03
Current: 3.14
During the past 6 years, Pulmonx's highest Price to Tangible Book Ratio was 11.03. The lowest was 2.09. And the median was 4.06.
LUNG's Price-to-Tangible-Book is ranked worse than 53.15% of 698
companies
in the Medical Devices & Instruments industry
Industry Median: 2.75
vs LUNG: 3.14
A closely related ratio is called PB Ratio. As of today, Pulmonx's share price is $8.77. Pulmonx's Book Value per Sharefor the quarter that ended in Mar. 2024 was $2.85. Hence, Pulmonx's P/B Ratio of today is 3.08.
Pulmonx Price-to-Tangible-Book Historical Data
The historical data trend for Pulmonx'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 Pulmonx's Price-to-Tangible-Book
For the Medical Devices subindustry, Pulmonx'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.
Pulmonx's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Pulmonx's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Pulmonx's Price-to-Tangible-Book falls into.
Pulmonx Price-to-Tangible-Book Calculation
Pulmonx's price-to-tangible-book ratio for today is calculated as:
* 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.
Pulmonx Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Pulmonx's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Pulmonx Corp is a commercial-stage medical technology company. It provides a minimally invasive treatment for patients with severe emphysema, a form of chronic obstructive pulmonary disease (COPD). the company's solutions comprised of the Zephyr Endobronchial Valve, the Chartis Pulmonary Assessment System and the StratX Lung Analysis Platform. It generates revenue through the sale of products to distributors and hospitals in the U.S. and international markets.
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