Zimmer Biomet Holdings (STU:ZIM) Price-to-Tangible-Book : (As of Apr. 26, 2024)

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What is Zimmer Biomet Holdings Price-to-Tangible-Book?

As of today (2024-04-26), Zimmer Biomet Holdings's share price is €111.00. Zimmer Biomet Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €-5.33. Hence, Zimmer Biomet Holdings's Price to Tangible Book Ratio of today is .

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

During the past 13 years, Zimmer Biomet Holdings's highest Price to Tangible Book Ratio was 5.44. The lowest was 5.44. And the median was 5.44.

STU:ZIM's Price-to-Tangible-Book is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 2.64
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Zimmer Biomet Holdings's share price is €111.00. Zimmer Biomet Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was €55.66. Hence, Zimmer Biomet Holdings's P/B Ratio of today is 1.99.

Zimmer Biomet Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Zimmer Biomet Holdings'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.

Zimmer Biomet Holdings Price-to-Tangible-Book Chart

Zimmer Biomet Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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Zimmer Biomet Holdings 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															-	-	-	-	-

Competitive Comparison of Zimmer Biomet Holdings's Price-to-Tangible-Book

For the Medical Devices subindustry, Zimmer Biomet Holdings'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.

Zimmer Biomet Holdings's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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

Zimmer Biomet Holdings Price-to-Tangible-Book Calculation

Zimmer Biomet Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	111.00	/	-5.327
	=

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.

Zimmer Biomet Holdings Price-to-Tangible-Book Related Terms

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Zimmer Biomet Holdings (STU:ZIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zimmer Biomet Holdings Inc (STU:ZIM) » Definitions » Price-to-Tangible-Book

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Traded in Other Exchanges

ZBH:USA ZBH:Austria

Address

345 East Main Street, Warsaw, IN, USA, 46580

Website

https://www.zimmerbiomet.com

Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive implants, as well as supplies and surgical equipment for orthopedic surgery. With the acquisitions of Centerpulse in 2003 and Biomet in 2015, Zimmer holds the leading share of the reconstructive market in the United States, Europe, and Japan. Roughly two thirds of total revenue is derived from sales of large joints, another quarter comes from extremities, trauma, sports medicine, and related surgical products. The firm spun out its dental and spine businesses in 2022.