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Thermo Fisher Scientific (BUE:TMO) Price-to-Tangible-Book : (As of Apr. 28, 2024)


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What is Thermo Fisher Scientific Price-to-Tangible-Book?

As of today (2024-04-28), Thermo Fisher Scientific's share price is ARS28327.50. Thermo Fisher Scientific's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ARS-31,565.23. Hence, Thermo Fisher Scientific's Price to Tangible Book Ratio of today is .

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

BUE:TMO's Price-to-Tangible-Book is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 2.4
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Thermo Fisher Scientific's share price is ARS28327.50. Thermo Fisher Scientific's Book Value per Sharefor the quarter that ended in Mar. 2024 was ARS99,836.25. Hence, Thermo Fisher Scientific's P/B Ratio of today is 0.28.


Thermo Fisher Scientific Price-to-Tangible-Book Historical Data

The historical data trend for Thermo Fisher Scientific'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.

Thermo Fisher Scientific Price-to-Tangible-Book Chart

Thermo Fisher Scientific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Thermo Fisher Scientific Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Thermo Fisher Scientific's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, Thermo Fisher Scientific'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.


Thermo Fisher Scientific's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thermo Fisher Scientific's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Thermo Fisher Scientific's Price-to-Tangible-Book falls into.



Thermo Fisher Scientific Price-to-Tangible-Book Calculation

Thermo Fisher Scientific's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=28327.50/-31565.228
=

* 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.


Thermo Fisher Scientific Price-to-Tangible-Book Related Terms

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


Thermo Fisher Scientific (BUE:TMO) Business Description

Address
168 Third Avenue, Waltham, MA, USA, 02451
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of mid-2023 (revenue figures include some cross-segment revenue): analytical technologies (16% of sales); specialty diagnostic products (10%); life science solutions (24%); and lab products and services, which includes CRO services (54%).