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Spectral Medical (Spectral Medical) Price-to-Tangible-Book : (As of Apr. 29, 2024)


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What is Spectral Medical Price-to-Tangible-Book?

As of today (2024-04-29), Spectral Medical's share price is $0.3514. Spectral Medical's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-0.05. Hence, Spectral Medical's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Spectral Medical's highest Price to Tangible Book Ratio was 80.00. The lowest was 7.45. And the median was 15.71.

EDTXF's Price-to-Tangible-Book is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 2.52
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Spectral Medical's share price is $0.3514. Spectral Medical's Book Value per Sharefor the quarter that ended in Dec. 2023 was $-0.04. Hence, Spectral Medical's P/B Ratio of today is .


Spectral Medical Price-to-Tangible-Book Historical Data

The historical data trend for Spectral Medical'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.

Spectral Medical Price-to-Tangible-Book Chart

Spectral Medical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.43 - 15.98 - -

Spectral Medical 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 - - - - -

Competitive Comparison of Spectral Medical's Price-to-Tangible-Book

For the Diagnostics & Research subindustry, Spectral Medical'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.


Spectral Medical's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

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

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



Spectral Medical Price-to-Tangible-Book Calculation

Spectral Medical's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.3514/-0.045
=

* 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.


Spectral Medical Price-to-Tangible-Book Related Terms

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


Spectral Medical (Spectral Medical) Business Description

Traded in Other Exchanges
Address
135 - 2 The West Mall, Finance, Toronto, ON, CAN, M9C 1C2
Spectral Medical Inc is focused on the development and commercialization of a treatment for septic shock utilizing its endotoxin activity assay (EAA) diagnostic and the toraymyxin therapeutic. The company also manufactures and sells proprietary reagents. The product line of the company consists of proprietary biochemical, EAA, and instrumentation. The company has one reporting segment Spectral Medical Inc. The Dialco Medical Inc. operations were considered discontinued by the company.