QT Imaging HoldingsQTI +1.25%8 PB Ratio is 12.86 as of Jul. 03, 2026, which is 5% above its 10-year median of 12.19. GuruFocus rates QTI with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 787 Medical Devices & Instruments companies, QT Imaging Holdings ranks worse than 93.52% on this metric.
The historical rank and industry rank for QT Imaging Holdings's PB Ratio or its related term are showing as below:
QTI'
s PB Ratio Range Over the Past 10 Years
Min: 9.23 Med: 12.19 Max: 22.29
Current: 12.86
During the past 5 years, QT Imaging Holdings's highest PB Ratio was 22.29. The lowest was 9.23. And the median was 12.19.
QTI's PB Ratio is ranked worse than 93.52% of 787
companies
in the Medical Devices & Instruments industry
Industry Median: 2.09
vs QTI: 12.86
During the past 3 years, the average Book Value Per Share Growth Rate was -48.70% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of QT Imaging Holdings was -48.70% per year. The lowest was -48.70% per year. And the median was -48.70% per year.
Back to Basics: PB Ratio
QT Imaging Holdings (NAS:QTI) PB Ratio Explanation
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.
QT Imaging Holdings PB Ratio Related Terms
QT Imaging Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for QT Imaging Holdings'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, QT Imaging Holdings'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.
QT Imaging Holdings PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, QT Imaging Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where QT Imaging Holdings's PB Ratio falls into.
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.
* 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.
QT Imaging Holdings (QTI) has a PB Ratio of 12.86 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on QT Imaging Holdings and its competitors. This is near median its historical median of 12.19. Over the past decade, QT Imaging Holdings' PB Ratio has ranged from 9.23 to 22.29. According to the industry distribution chart, QT Imaging Holdings ranks #736 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 93.5%.
Is QT Imaging Holdings' PB Ratio too high?
QT Imaging Holdings' current PB Ratio of 12.86 is near median its 10-year median of 12.19. Over the past 10 years, this metric has ranged from a low of 9.23 to a high of 22.29. The Medical Devices & Instruments industry median PB Ratio is 2.09. QT Imaging Holdings' value of 12.86 is 515.3% above this industry median. Based on the distribution chart, QT Imaging Holdings ranks #736 out of 787 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, QT Imaging Holdings has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does QT Imaging Holdings' PB Ratio compare to MDAI and LUNG?
According to the Medical Devices & Instruments industry distribution chart, QT Imaging Holdings ranks #736 out of 787 companies for PB Ratio. This places QT Imaging Holdings in the lower half of its industry. The industry median PB Ratio is 2.09. QT Imaging Holdings' value of 12.86 is 515.3% above this benchmark. Historically, QT Imaging Holdings' own PB Ratio has ranged from 9.23 to 22.29 over the past decade. While the company's 10-year median is 12.19 vs. the industry median of 2.09, QT Imaging Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.09, based on 787 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QT Imaging Holdings's current PB Ratio of 12.86 is 515.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on QT Imaging Holdings and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QT Imaging Holdings's current PB Ratio is 12.86, which is near median its own 10-year median of 12.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QT Imaging Holdings stock overvalued right now?
QT Imaging Holdings (QTI) has a current PB Ratio of 12.86. The current PB Ratio is 12.86, which is near median its 10-year median of 12.19 and 515.3% above the Medical Devices & Instruments industry median of 2.09. QT Imaging Holdings' overall GF Score™ is 8/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For QT Imaging Holdings (QTI), the current PB Ratio is 12.86 as of Jul. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
QT Imaging Holdings Inc. is a medical device company engaged in the research, development, and commercialization of body imaging systems using low frequency sound waves. Its medical imaging is critical to the detection, diagnosis, and treatment of disease. The Company offers two products: QT Breast Scanner and QTviewer.
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