As of today (2024-04-26), Luminex's share price is $36.99. Luminex's Tangible Book per Share of Mar. 2021 for the quarter that ended in Mar. 2021 was $6.24. Hence, Luminex's Price to Tangible Book Ratio of today is 5.93.
The historical rank and industry rank for Luminex's Price-to-Tangible-Book or its related term are showing as below:
LMNX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.7 Med: 4.91 Max: 16.53
Current: 5.93
During the past 13 years, Luminex's highest Price to Tangible Book Ratio was 16.53. The lowest was 2.70. And the median was 4.91.
LMNX's Price-to-Tangible-Book is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 2.64
vs LMNX: 5.93
A closely related ratio is called PB Ratio. As of today, Luminex's share price is $36.99. Luminex's Book Value per Sharefor the quarter that ended in Mar. 2021 was $10.55. Hence, Luminex's P/B Ratio of today is 3.51.
Luminex Price-to-Tangible-Book Historical Data
The historical data trend for Luminex'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 Luminex's Price-to-Tangible-Book
For the Medical Instruments & Supplies subindustry, Luminex'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.
Luminex's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Luminex's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Luminex's Price-to-Tangible-Book falls into.
Luminex Price-to-Tangible-Book Calculation
Luminex'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.
Luminex Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Luminex's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Luminex Corp develops, manufactures, and sells proprietary biological testing technologies and products to testing laboratories. It primarily serves the life sciences industries by selling products used by laboratory professionals and clinical laboratories in performing diagnostics, drug research and discovery, and clinical tests on patients. Luminex's market segments mainly include Infectious disease, Personalized medicine, and Human genetics. It offers various solutions in diverse markets, including clinical diagnostics, pharmaceutical drug discovery, biomedical research, genomic and proteomic research, and food safety. The vast majority of the company's revenue is earned in the United States. The products offered are xMAP Products, ARIES Products and VERIGENE Products, among others.
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