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As of today (2024-04-26), Varex Imaging's share price is $16.90. Varex Imaging's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.31. Hence, Varex Imaging's Price to Tangible Book Ratio of today is 2.68.
The historical rank and industry rank for Varex Imaging's Price-to-Tangible-Book or its related term are showing as below:
During the past 11 years, Varex Imaging's highest Price to Tangible Book Ratio was 62.71. The lowest was 2.66. And the median was 7.94.
A closely related ratio is called PB Ratio. As of today, Varex Imaging's share price is $16.90. Varex Imaging's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.01. Hence, Varex Imaging's P/B Ratio of today is 1.21.
The historical data trend for Varex Imaging'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.
Varex Imaging Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 16.15 | 5.45 | 7.92 | 3.94 | 2.97 |
Varex Imaging 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 | 4.24 | 3.65 | 4.39 | 2.97 | 3.25 |
For the Medical Devices subindustry, Varex Imaging'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.
For the Medical Devices & Instruments industry and Healthcare sector, Varex Imaging's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Varex Imaging's Price-to-Tangible-Book falls into.
Varex Imaging's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Dec. 2023 ) |
= | 16.90 | / | 6.312 | |
= | 2.68 |
* 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:
Price to Tangible Book | = | Market Cap | / | Tangible Equity | ||||
= | Market Cap | / | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) |
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.
Thank you for viewing the detailed overview of Varex Imaging's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Kimberley E. Honeysett | officer: Vice President and Secretary | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Jay K. Kunkel | director | 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033 |
Ruediger Naumann-etienne | director | |
Kathleen Bardwell | director | 9 BLACKBERRY DRIVE, HUDSON OH 44236 |
Sunny Sanyal | director, officer: President and CEO | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Kevin Bruce Yankton | officer: Controller & CAO | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Andrew Hartmann | officer: SVP Sales & Marketing, Medical | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Timothy E Guertin | director | C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304 |
Shubham Maheshwari | officer: Chief Financial Officer | C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803 |
Brian W Giambattista | officer: SVP and GM, X-ray Detectors | 1678 SOUTH PIONEER ROAD, SALT LAKE CITY UT 84104 |
Erich R Reinhardt | director | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304 |
Mark S. Jonaitis | officer: SVP and GM, X-Ray Sources | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
Clarence R Verhoef | officer: SVP & Chief Financial Officer | VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 95035 |
Rosebrough Walter M Jr | director | 5960 HEISLEY ROAD, MENTOR OH 44060 |
Carl E. Lacasce | officer: SVP, Sales & Marketing | 1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104 |
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