The historical rank and industry rank for ENDRA Life Sciences's Price-to-Tangible-Book or its related term are showing as below:
NDRA'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.44 Med: 2.97 Max: 3.89
Current: 0.46
During the past 10 years, ENDRA Life Sciences's highest Price to Tangible Book Ratio was 3.89. The lowest was 0.44. And the median was 2.97.
NDRA's Price-to-Tangible-Book is ranked better than 96.45% of 169
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.41
vs NDRA: 0.46
ENDRA Life Sciences Price-to-Tangible-Book Historical Data
The historical data trend for ENDRA Life Sciences'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 ENDRA Life Sciences's Price-to-Tangible-Book
For the Diagnostics & Research subindustry, ENDRA Life Sciences'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.
ENDRA Life Sciences's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, ENDRA Life Sciences's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ENDRA Life Sciences's Price-to-Tangible-Book falls into.
ENDRA Life Sciences Price-to-Tangible-Book Calculation
ENDRA Life Sciences's price-to-tangible-book ratio for today is calculated as:
* 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.
ENDRA Life Sciences Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of ENDRA Life Sciences's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
ENDRA Life Sciences (ENDRA Life Sciences) Business Description
ENDRA Life Sciences Inc is engaged in the development of Thermo Acoustic Enhanced UltraSound (TAEUS) to visualize tissue like MRI but at 1/50th the cost and at the point of patient care. TAEUS is designed to work in concert with around 400,000 cart-based ultrasound systems in use globally today. TAEUS is initially focused on the measurement of fat in the liver as a means to assess and monitor Non-Alcoholic Fatty Liver Disease (NAFLD) and Non-Alcoholic Steatohepatitis (NASH), chronic liver conditions that affect over one billion people globally, and for which there are no practical diagnostic tools. Beyond the liver, the firm is exploring several other clinical applications of TAEUS, including visualization of tissue temperature during energy-based surgical procedures.
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