The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-28), Apyx Medical's share price is $1.45. Apyx Medical's Book Value per Share for the quarter that ended in Dec. 2023 was $0.77. Hence, Apyx Medical's PB Ratio of today is 1.88.
The historical rank and industry rank for Apyx Medical's PB Ratio or its related term are showing as below:
APYX'
s PB Ratio Range Over the Past 10 Years
Min: 1.2 Med: 3.3 Max: 45
Current: 1.88
During the past 13 years, Apyx Medical's highest PB Ratio was 45.00. The lowest was 1.20. And the median was 3.30.
APYX's PB Ratio is ranked better than 56.73% of 795
companies
in the Medical Devices & Instruments industry
Industry Median: 2.19
vs APYX: 1.88
During the past 12 months, Apyx Medical's average Book Value Per Share Growth Rate was -29.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -25.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -20.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Apyx Medical was 99.80% per year. The lowest was -59.40% per year. And the median was 6.90% per year.
Back to Basics: PB Ratio
Apyx Medical PB Ratio Historical Data
The historical data trend for Apyx Medical's PB Ratio 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.
For the Medical Devices subindustry, Apyx Medical's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Apyx Medical's PB Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Apyx Medical's PB Ratio distribution charts can be found below:
* The bar in red indicates where Apyx Medical's PB Ratio falls into.
Apyx Medical PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Apyx Medical's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Apyx Medical PB Ratio Related Terms
Thank you for viewing the detailed overview of Apyx Medical's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Apyx Medical Corp is an energy technology medical device company. It specializes in developing, manufacturing, and marketing a range of cosmetic and surgical products and technologies, as well as related medical products used in doctor's offices, surgery centers, and hospitals. Its product offerings comprise Renuvion cosmetic technology, which offers plastic surgeons, facial plastic surgeons, and cosmetic physicians the ability to provide controlled heat to the tissue to achieve desired results. The J-Plasma system allows surgeons to operate with a high level of precision and virtually eliminates unintended tissue trauma. It operates in two segments namely: Advanced Energy and Original Equipment Manufacturing (OEM). Its Advanced Energy segment derives the majority of its revenue.
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