Edap TMS (Edap TMS) PB Ratio

: 4.29 (As of Today)

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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-18), Edap TMS's share price is $7.18. Edap TMS's Book Value per Share for the quarter that ended in Dec. 2023 was $1.67. Hence, Edap TMS's PB Ratio of today is 4.29.

The historical rank and industry rank for Edap TMS's PB Ratio or its related term are showing as below:

EDAP' s PB Ratio Range Over the Past 10 Years
Min: 1.28 Med: 4.06 Max: 14.24
Current: 4.27

During the past 13 years, Edap TMS's highest PB Ratio was 14.24. The lowest was 1.28. And the median was 4.06.

EDAP's PB Ratio is ranked worse than
91.3% of 92 companies
in the Medical Distribution industry
Industry Median: 1.48 vs EDAP: 4.27

During the past 12 months, Edap TMS's average Book Value Per Share Growth Rate was -18.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Edap TMS was 25.40% per year. The lowest was -29.70% per year. And the median was -2.00% per year.

Back to Basics: PB Ratio

Edap TMS PB Ratio Historical Data

The historical data trend for Edap TMS's PB Ratio 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.

Edap TMS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

4.25

4.72

3.54

5.18

3.16

Edap TMS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																5.18	5.70	4.97	4.06	3.16

Competitive Comparison

For the Medical Distribution subindustry, Edap TMS's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Edap TMS PB Ratio Distribution

For the Medical Distribution industry and Healthcare sector, Edap TMS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Edap TMS's PB Ratio falls into.

Edap TMS PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Edap TMS's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	7.18	/	1.673
	=	4.29

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Edap TMS (NAS:EDAP) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Edap TMS PB Ratio Related Terms

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Edap TMS (Edap TMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Edap TMS SA (NAS:EDAP) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

EDA:Germany

Address

Parc d'Activites La Poudrette-Lamartine, 4/6, rue du Dauphine, Vaulx-en-Velin, FRA, 69120

Website

https://www.edap-tms.com

Edap TMS SA is a holding company operating in three divisions namely, HIFU (High-Intensity Focused Ultrasound), ESWL (Extracorporeal ShockWave Lithotripsy), and Distribution. The HIFU division develops, manufactures, and markets devices for the invasive destruction of certain types of tumors using HIFU technology. It markets three HIFU devices: the Ablatherm, Ablatherm Fusion, and the Focal One. The ESWL division is engaged in the manufacturing, marketing, and servicing of its installed base of Sonolith range of lithotripters. The Distribution division markets products that are complementary to its global activity such as lasers, micro-ultrasound systems, and other medical products from third parties. Its geographical segments are Asia, France, United States, and Others.