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PolarCool AB (XSAT:POLAR) Price-to-Tangible-Book : 53.25 (As of May. 29, 2024)


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What is PolarCool AB Price-to-Tangible-Book?

As of today (2024-05-29), PolarCool AB's share price is kr0.1065. PolarCool AB's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was kr0.00. Hence, PolarCool AB's Price to Tangible Book Ratio of today is 53.25.

The historical rank and industry rank for PolarCool AB's Price-to-Tangible-Book or its related term are showing as below:

During the past 7 years, PolarCool AB's highest Price to Tangible Book Ratio was 131.50. The lowest was 3.82. And the median was 7.77.

XSAT:POLAR's Price-to-Tangible-Book is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.64
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, PolarCool AB's share price is kr0.1065. PolarCool AB's Book Value per Sharefor the quarter that ended in Dec. 2023 was kr0.08. Hence, PolarCool AB's P/B Ratio of today is 1.31.


PolarCool AB Price-to-Tangible-Book Historical Data

The historical data trend for PolarCool AB'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.

PolarCool AB Price-to-Tangible-Book Chart

PolarCool AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - 4.17 7.77 24.40 131.50

PolarCool AB 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.40 4.03 6.34 - 131.50

Competitive Comparison of PolarCool AB's Price-to-Tangible-Book

For the Medical Devices subindustry, PolarCool AB'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.


PolarCool AB's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where PolarCool AB's Price-to-Tangible-Book falls into.



PolarCool AB Price-to-Tangible-Book Calculation

PolarCool AB's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.1065/0.002
=53.25

* 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.


PolarCool AB Price-to-Tangible-Book Related Terms

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


PolarCool AB (XSAT:POLAR) Business Description

Traded in Other Exchanges
Address
Medicon Village, Scheelevagen 2, Lund, SWE, 223 8
PolarCool AB is a Sweden based medical device company. It develops, markets, and sells products for sports medicine. The company focuses on the treatment of concussive and sub-concussive brain injury with the portable cooling device PolarCap System. Its device PolarCap is a portable brain cooling device System available for athletes, teams, and organizations.

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