MMSI (Merit Medical Systems) Book Value per Share: $27.27 (As of Mar. 2026)


MMSI Merit Medical Systems Inc MMSI
79 GF Score
Price $73.44
GF Value $97.07
Valuation Modestly Undervalued
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What is Merit Medical Systems Book Value per Share?

Merit Medical Systems MMSI +2.77% 79 Book Value per Share is $27.27 as of Mar. 2026. GuruFocus rates MMSI with a GF Score™ of 79/100 and a GF Value™ of $97.07 (Modestly Undervalued).

Merit Medical Systems's book value per share for the quarter that ended in Mar. 2026 was $27.27.

During the past 12 months, Merit Medical Systems's average Book Value Per Share Growth Rate was 12.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Merit Medical Systems was 94.30% per year. The lowest was 2.70% per year. And the median was 11.90% per year.

Merit Medical Systems's current price is $73.44. Its book value per share for the quarter that ended in Mar. 2026 was $27.27. Hence, today's PB Ratio of Merit Medical Systems is 2.69.

During the past 13 years, the highest P/B Ratio of Merit Medical Systems was 4.65. The lowest was 1.40. And the median was 3.34.


Merit Medical Systems  (NAS:MMSI) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Merit Medical Systems Book Value per Share Related Terms


Merit Medical Systems Book Value per Share Historical Data

* Premium members only.

The historical data trend for Merit Medical Systems's Book Value per Share 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.

Merit Medical Systems Book Value per Share Chart

Merit Medical Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.38 19.97 20.78 23.48 26.66

Merit Medical Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 24.18 25.13 25.80 26.66 27.27

MMSI vs NVST, MMED, ICUI: Book Value per Share Comparison

For the Medical Instruments & Supplies subindustry, Merit Medical Systems'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.


Merit Medical Systems PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Merit Medical Systems's PB Ratio falls into.


MMSI
79GF Score
Merit Medical Systems Inc MMSI
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Merit Medical Systems Book Value per Share Calculation

Merit Medical Systems's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,584-0)/59
=26.66

Merit Medical Systems's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,627-0)/60
=27.27

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $27.27 mean?
Merit Medical Systems (MMSI) has a Book Value per Share of $27.27 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Merit Medical Systems and its competitors.
Is Merit Medical Systems' Book Value per Share too high?
Merit Medical Systems' current Book Value per Share is $27.27. Overall, Merit Medical Systems has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Medical Systems' Book Value per Share compare to NVST and MMED?
Merit Medical Systems' Book Value per Share of $27.27 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Medical Devices & Instruments company?
A good Book Value per Share depends on the Medical Devices & Instruments industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Merit Medical Systems and its competitors. Merit Medical Systems's current Book Value per Share is $27.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Medical Systems stock overvalued right now?
Based on GuruFocus' analysis, Merit Medical Systems (MMSI) is currently considered Modestly Undervalued. The stock's GF Value™ is $97.07, compared to a current price of $73.44 — trading 24.3% below its estimated fair value. The current Book Value per Share is $27.27. Merit Medical Systems' overall GF Score™ is 79/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Merit Medical Systems (MMSI), the current Book Value per Share is $27.27 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Merit Medical Systems (MMSI) Overvalued in 2026?

Based on GuruFocus' analysis, Merit Medical Systems stock appears to be undervalued. The current stock price of $73.44 is trading 24.3% below its estimated GF Value™ of $97.07. GuruFocus considers Merit Medical Systems to be Modestly Undervalued.

Key valuation signals for MMSI:

  • Book Value per Share: $27.27
  • GF Value™: $97.07 vs. price of $73.44 (24.3% below fair value)
  • GF Score™: 79/100

No single metric tells the full story. See the MMSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merit Medical Systems Business Description

Other Exchanges MM3:Germany
Address 1600 West Merit Parkway, South Jordan, UT, USA, 84095
Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment which consists of cardiology and radiology medical device products that assist in diagnosing and treating coronary artery disease, peripheral vascular disease, and other non-vascular diseases and includes embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, and interventional oncology and spine devices.
79GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$73.44
Price
$97.07
GF Value