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Scandinavian Medical Solutions AS (OCSE:SMSMED) Price-to-Tangible-Book : 2.81 (As of May. 14, 2024)


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What is Scandinavian Medical Solutions AS Price-to-Tangible-Book?

As of today (2024-05-14), Scandinavian Medical Solutions AS's share price is kr7.66. Scandinavian Medical Solutions AS's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was kr2.73. Hence, Scandinavian Medical Solutions AS's Price to Tangible Book Ratio of today is 2.81.

The historical rank and industry rank for Scandinavian Medical Solutions AS's Price-to-Tangible-Book or its related term are showing as below:

OCSE:SMSMED' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.97   Med: 2.88   Max: 3.78
Current: 2.81

During the past 5 years, Scandinavian Medical Solutions AS's highest Price to Tangible Book Ratio was 3.78. The lowest was 1.97. And the median was 2.88.

OCSE:SMSMED's Price-to-Tangible-Book is ranked worse than
50.07% of 699 companies
in the Medical Devices & Instruments industry
Industry Median: 2.77 vs OCSE:SMSMED: 2.81

A closely related ratio is called PB Ratio. As of today, Scandinavian Medical Solutions AS's share price is kr7.66. Scandinavian Medical Solutions AS's Book Value per Sharefor the quarter that ended in Sep. 2023 was kr2.73. Hence, Scandinavian Medical Solutions AS's P/B Ratio of today is 2.81.


Scandinavian Medical Solutions AS Price-to-Tangible-Book Historical Data

The historical data trend for Scandinavian Medical Solutions AS'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.

Scandinavian Medical Solutions AS Price-to-Tangible-Book Chart

Scandinavian Medical Solutions AS Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
- - - 1.97 3.78

Scandinavian Medical Solutions AS Semi-Annual Data
Sep19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial - 2.58 1.97 4.44 3.78

Competitive Comparison of Scandinavian Medical Solutions AS's Price-to-Tangible-Book

For the Medical Devices subindustry, Scandinavian Medical Solutions AS'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.


Scandinavian Medical Solutions AS's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Scandinavian Medical Solutions AS's Price-to-Tangible-Book falls into.



Scandinavian Medical Solutions AS Price-to-Tangible-Book Calculation

Scandinavian Medical Solutions AS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=7.66/2.725
=2.81

* 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.


Scandinavian Medical Solutions AS Price-to-Tangible-Book Related Terms

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


Scandinavian Medical Solutions AS (OCSE:SMSMED) Business Description

Traded in Other Exchanges
Address
Gasvaerksvej 46. 1.Sal, Aalborg, DNK, DK-9000
Scandinavian Medical Solutions AS is engaged in offering pre-owned medical imaging equipment and innovative healthcare solutions. The product portfolio of Cath Lab, X-Ray, MRI, Mammography, Ultrasound, and Mobile X-Ray among others.

Scandinavian Medical Solutions AS (OCSE:SMSMED) Headlines

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