As of today (2024-04-23), Utah Medical Products's share price is $68.17. Utah Medical Products's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $30.21. Hence, Utah Medical Products's Price to Tangible Book Ratio of today is 2.26.
The historical rank and industry rank for Utah Medical Products's Price-to-Tangible-Book or its related term are showing as below:
UTMD'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.25 Med: 5.84 Max: 10.52
Current: 2.26
During the past 13 years, Utah Medical Products's highest Price to Tangible Book Ratio was 10.52. The lowest was 2.25. And the median was 5.84.
UTMD's Price-to-Tangible-Book is ranked better than 56.19% of 703
companies
in the Medical Devices & Instruments industry
Industry Median: 2.63
vs UTMD: 2.26
A closely related ratio is called PB Ratio. As of today, Utah Medical Products's share price is $68.17. Utah Medical Products's Book Value per Sharefor the quarter that ended in Dec. 2023 was $35.35. Hence, Utah Medical Products's P/B Ratio of today is 1.93.
Utah Medical Products Price-to-Tangible-Book Historical Data
The historical data trend for Utah Medical Products'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.
Utah Medical Products Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
7.06
4.75
4.86
4.03
2.79
Utah Medical Products Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
4.03
3.60
3.36
2.98
2.79
Competitive Comparison
For the Medical Instruments & Supplies subindustry, Utah Medical Products'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.
Utah Medical Products Price-to-Tangible-Book Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Utah Medical Products's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Utah Medical Products's Price-to-Tangible-Book falls into.
Utah Medical Products Price-to-Tangible-Book Calculation
Utah Medical Products'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.
Utah Medical Products Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Utah Medical Products's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Utah Medical Products (Utah Medical Products) Business Description
Utah Medical Products Inc is involved in the business of developing, manufacturing, and distributing medical devices that are mainly proprietary, disposable and for hospital use. The firm produces its products for Blood pressure monitoring, Blood collection, Electrosurgery, Gynecology, Neonatal critical care, perinatology, and Urology. The company's product portfolio includes Electrosurgical pens, Tenacula, Endoscopic bulb irrigators, Blood bag spikes. Its products are used mainly in critical care areas, labor and delivery departments of hospitals as well as outpatient clinics and physicians offices.
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