Intuitive Surgical (WBO:ISRG) Price-to-Tangible-Book : 9.80 (As of Apr. 26, 2024)

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What is Intuitive Surgical Price-to-Tangible-Book?

As of today (2024-04-26), Intuitive Surgical's share price is €345.35. Intuitive Surgical's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €35.23. Hence, Intuitive Surgical's Price to Tangible Book Ratio of today is 9.80.

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

WBO:ISRG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.44 Med: 8.55 Max: 11.29
Current: 9.74

During the past 13 years, Intuitive Surgical's highest Price to Tangible Book Ratio was 11.29. The lowest was 4.44. And the median was 8.55.

WBO:ISRG's Price-to-Tangible-Book is ranked worse than
86.91% of 703 companies
in the Medical Devices & Instruments industry
Industry Median: 2.67 vs WBO:ISRG: 9.74

A closely related ratio is called PB Ratio. As of today, Intuitive Surgical's share price is €345.35. Intuitive Surgical's Book Value per Sharefor the quarter that ended in Mar. 2024 was €36.22. Hence, Intuitive Surgical's P/B Ratio of today is 9.54.

Intuitive Surgical Price-to-Tangible-Book Historical Data

The historical data trend for Intuitive Surgical'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.

Intuitive Surgical Price-to-Tangible-Book Chart

Intuitive Surgical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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8.79

10.34

11.38

8.70

9.10

Intuitive Surgical Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															8.13	10.36	8.65	9.10	10.55

Competitive Comparison of Intuitive Surgical's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Intuitive Surgical'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.

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

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

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

Intuitive Surgical Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	345.35	/	35.225
	=	9.80

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.

Intuitive Surgical Price-to-Tangible-Book Related Terms

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Intuitive Surgical (WBO:ISRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Intuitive Surgical Inc (WBO:ISRG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ISRG:USA ISRG:Mexico 1ISRG:Italy IUI1:Germany I1SR34:Brazil

Address

1020 Kifer Road, Sunnyvale, CA, USA, 94086-5304

Website

https://www.intuitive.com

Intuitive Surgical develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 8,000 da Vinci systems in hospitals worldwide, with nearly 5,000 installations in the U.S. and a growing number in emerging markets.