What is HTG Molecular Diagnostics Price-to-Tangible-Book?
As of today (2024-04-25), HTG Molecular Diagnostics's share price is $0.0025. HTG Molecular Diagnostics's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was $0.22. Hence, HTG Molecular Diagnostics's Price to Tangible Book Ratio of today is 0.01.
The historical rank and industry rank for HTG Molecular Diagnostics's Price-to-Tangible-Book or its related term are showing as below:
HTGMQ's Price-to-Tangible-Book is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 2.47 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, HTG Molecular Diagnostics's share price is $0.0025. HTG Molecular Diagnostics's Book Value per Sharefor the quarter that ended in Mar. 2023 was $0.22. Hence, HTG Molecular Diagnostics's P/B Ratio of today is 0.01.
HTG Molecular Diagnostics Price-to-Tangible-Book Historical Data
The historical data trend for HTG Molecular Diagnostics'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.
Competitive Comparison of HTG Molecular Diagnostics's Price-to-Tangible-Book
For the Diagnostics & Research subindustry, HTG Molecular Diagnostics'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.
HTG Molecular Diagnostics's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, HTG Molecular Diagnostics's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where HTG Molecular Diagnostics's Price-to-Tangible-Book falls into.
* 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.
HTG Molecular Diagnostics Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of HTG Molecular Diagnostics's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
HTG Molecular Diagnostics (HTG Molecular Diagnostics) Business Description
HTG Molecular Diagnostics Inc is a commercial-stage RNA platform-based life sciences company focused on advancing the promise of precision medicine. Its proprietary NGS-adapted chemistry and HTG EdgeSeq platform automates sample processing and can quickly, robustly, and simultaneously profile hundreds or thousands of molecular targets using a relatively small amount of biological samples, in liquid or solid forms. Its products include instruments, consumables, and software that combine to form its HTG EdgeSeq platform. The company's menu of HTG EdgeSeq molecular profiling panels is automated on its HTG EdgeSeq platform, applying genomic sequencing tools to quickly generate gene expression data using its simplified workflow for customers.
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