Ocumetics Technology (TSXV:OTC) Price-to-Tangible-Book : (As of Jun. 10, 2024)

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What is Ocumetics Technology Price-to-Tangible-Book?

As of today (2024-06-10), Ocumetics Technology's share price is C$0.30. Ocumetics Technology's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$-0.01. Hence, Ocumetics Technology's Price to Tangible Book Ratio of today is .

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

During the past 4 years, Ocumetics Technology's highest Price to Tangible Book Ratio was 400.00. The lowest was 31.67. And the median was 93.75.

TSXV:OTC's Price-to-Tangible-Book is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 2.67
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Ocumetics Technology's share price is C$0.30. Ocumetics Technology's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$-0.00. Hence, Ocumetics Technology's P/B Ratio of today is .

Ocumetics Technology Price-to-Tangible-Book Historical Data

The historical data trend for Ocumetics Technology'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.

Ocumetics Technology Price-to-Tangible-Book Chart

Ocumetics Technology Annual Data

Trend

Jul20

Jul21

Dec22

Dec23

Price-to-Tangible-Book

400.00

Ocumetics Technology Quarterly Data
	Jul20	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial							197.50	-	-	-	-

Competitive Comparison of Ocumetics Technology's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Ocumetics Technology'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.

Ocumetics Technology's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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

Ocumetics Technology Price-to-Tangible-Book Calculation

Ocumetics Technology's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.30	/	-0.007
	=

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.

Ocumetics Technology Price-to-Tangible-Book Related Terms

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

Ocumetics Technology (TSXV:OTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ocumetics Technology Corp (TSXV:OTC) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

OTCFF:USA

Address

639 - 5th Avenue S.W., Suite 1250, Calgary, AB, CAN, T2P 0M9

Website

https://www.ocumetics.com

Ocumetics Technology Corp is a Canadian-based research and product development company. The company is engaged in developing an accommodating intraocular lens to eliminate the need for corrective lenses, especially for people over 45 years of age.

Executives

Roger Jewett

Director, Senior Officer

Ocumetics Technology (TSXV:OTC) Headlines

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