The historical rank and industry rank for Anika Therapeutics's Price-to-Tangible-Book or its related term are showing as below:
ANIK'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.66 Med: 2.86 Max: 3.91
Current: 1.88
During the past 13 years, Anika Therapeutics's highest Price to Tangible Book Ratio was 3.91. The lowest was 1.66. And the median was 2.86.
ANIK's Price-to-Tangible-Book is ranked better than 63.39% of 702
companies
in the Medical Devices & Instruments industry
Industry Median: 2.69
vs ANIK: 1.88
Anika Therapeutics Price-to-Tangible-Book Historical Data
The historical data trend for Anika Therapeutics'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 Anika Therapeutics's Price-to-Tangible-Book
For the Medical Instruments & Supplies subindustry, Anika Therapeutics'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.
Anika Therapeutics's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Anika Therapeutics's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Anika Therapeutics's Price-to-Tangible-Book falls into.
* 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.
Anika Therapeutics Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Anika Therapeutics's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Anika Therapeutics (Anika Therapeutics) Business Description
Anika Therapeutics Inc is an orthopedic medicines company. It is committed to improving the lives of patients with degenerative orthopedic diseases and traumatic conditions with clinically meaningful therapies. The company focuses on orthopedics, including osteoarthritis pain management, regenerative solutions, soft tissue repair, and bone preserving joint technologies. Geographically, it derives a majority of its revenue from the United States.
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