The historical rank and industry rank for enVVeno Medical's Price-to-Tangible-Book or its related term are showing as below:
NVNO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.15 Med: 2.29 Max: 12.62
Current: 1.46
During the past 9 years, enVVeno Medical's highest Price to Tangible Book Ratio was 12.62. The lowest was 1.15. And the median was 2.29.
NVNO's Price-to-Tangible-Book is ranked better than 74.5% of 698
companies
in the Medical Devices & Instruments industry
Industry Median: 2.765
vs NVNO: 1.46
enVVeno Medical Price-to-Tangible-Book Historical Data
The historical data trend for enVVeno Medical'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 enVVeno Medical's Price-to-Tangible-Book
For the Medical Devices subindustry, enVVeno Medical'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.
enVVeno Medical's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, enVVeno Medical's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where enVVeno Medical's Price-to-Tangible-Book falls into.
enVVeno Medical Price-to-Tangible-Book Calculation
enVVeno Medical'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.
enVVeno Medical Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of enVVeno Medical's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
enVVeno Medical (enVVeno Medical) Business Description
enVVeno Medical Corp is a medical device company focused on the development of innovative bioprosthetic (tissue-based) devices to improve the standard of care in the treatment of venous disease. Its lead product, the VenoValve, is a first-in-class, surgical implant being developed for the treatment of severe deep venous Chronic Venous Insufficiency (CVI).
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NVNO has been successfully added to your 