As of today (2024-04-28), Beyond Air's share price is $1.165. Beyond Air's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.55. Hence, Beyond Air's Price to Tangible Book Ratio of today is 2.14.
The historical rank and industry rank for Beyond Air's Price-to-Tangible-Book or its related term are showing as below:
XAIR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.12 Med: 5.72 Max: 215.83
Current: 2.12
During the past 9 years, Beyond Air's highest Price to Tangible Book Ratio was 215.83. The lowest was 2.12. And the median was 5.72.
XAIR's Price-to-Tangible-Book is ranked better than 58.46% of 703
companies
in the Medical Devices & Instruments industry
Industry Median: 2.66
vs XAIR: 2.12
The historical data trend for Beyond Air'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 Beyond Air's Price-to-Tangible-Book
For the Medical Devices subindustry, Beyond Air'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.
Beyond Air's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Beyond Air's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Beyond Air's Price-to-Tangible-Book falls into.
Beyond Air Price-to-Tangible-Book Calculation
Beyond Air'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.
Beyond Air Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Beyond Air's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Beyond Air Inc is a clinical-stage medical device and biopharmaceutical company that develops a Nitric Oxide (NO) Generator and Delivery System that uses NO generated from ambient air and delivers precise amounts of NO to the lungs for the potential treatment of respiratory and other diseases. The firm is applying its therapeutic expertise to develop treatments for pulmonary hypertension, in addition to treatments for lower respiratory tract infections.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XAIR has been successfully added to your 