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Glaukos (FRA:6GJ) Price-to-Tangible-Book : 43.98 (As of Apr. 26, 2024)


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What is Glaukos Price-to-Tangible-Book?

As of today (2024-04-26), Glaukos's share price is €92.50. Glaukos's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.10. Hence, Glaukos's Price to Tangible Book Ratio of today is 43.98.

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

FRA:6GJ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.58   Med: 11.09   Max: 43.64
Current: 43.63

During the past 11 years, Glaukos's highest Price to Tangible Book Ratio was 43.64. The lowest was 6.58. And the median was 11.09.

FRA:6GJ's Price-to-Tangible-Book is ranked worse than
98.86% of 703 companies
in the Medical Devices & Instruments industry
Industry Median: 2.67 vs FRA:6GJ: 43.63

A closely related ratio is called PB Ratio. As of today, Glaukos's share price is €92.50. Glaukos's Book Value per Sharefor the quarter that ended in Dec. 2023 was €8.62. Hence, Glaukos's P/B Ratio of today is 10.73.


Glaukos Price-to-Tangible-Book Historical Data

The historical data trend for Glaukos'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.

Glaukos Price-to-Tangible-Book Chart

Glaukos 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 10.51 13.33 11.39 12.84 34.00

Glaukos 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 12.84 16.78 26.98 30.39 34.00

Competitive Comparison of Glaukos's Price-to-Tangible-Book

For the Medical Devices subindustry, Glaukos'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.


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

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

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



Glaukos Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=92.50/2.103
=43.98

* 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.


Glaukos Price-to-Tangible-Book Related Terms

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


Glaukos (FRA:6GJ) Business Description

Traded in Other Exchanges
Address
One Glaukos Way, Aliso Viejo, CA, USA, 92656
Glaukos Corp is an ophthalmic medical technology company focused on the development and commercialization of breakthrough products and procedures designed to transform the treatment of glaucoma. It offers iStent, a micro-bypass stent for insertion in conjunction with cataract surgery for the reduction of intraocular pressure in adult patients with mild-to-moderate open-angle glaucoma. Its product pipeline also consists of an iStent SA trabecular micro-bypass system, a two-stent product that is slightly wider than the iStent Inject and uses a different auto-injection inserter designed for use in a standalone procedure.

Glaukos (FRA:6GJ) Headlines

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