Tactile Systems TechnologyTCMD +2.33%74 PB Ratio is 3.19 as of Jul. 09, 2026, which is 34% below its 10-year median of 4.87. GuruFocus rates TCMD with a GF Score™ of 74/100 and a GF Value™ of $18.74 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 787 Medical Devices & Instruments companies, Tactile Systems Technology ranks worse than 65.18% on this metric.
Tactile Systems Technology Inc stock PB Ratio (=3.13) is close to 2-year high of 3.27.
The historical rank and industry rank for Tactile Systems Technology's PB Ratio or its related term are showing as below:
TCMD'
s PB Ratio Range Over the Past 10 Years
Min: 1.08 Med: 4.87 Max: 16.5
Current: 3.2
During the past 13 years, Tactile Systems Technology's highest PB Ratio was 16.50. The lowest was 1.08. And the median was 4.87.
TCMD's PB Ratio is ranked worse than 65.18% of 787
companies
in the Medical Devices & Instruments industry
Industry Median: 2.05
vs TCMD: 3.20
During the past 12 months, Tactile Systems Technology's average Book Value Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tactile Systems Technology was 18.40% per year. The lowest was 0.60% per year. And the median was 12.00% per year.
Back to Basics: PB Ratio
Tactile Systems Technology (NAS:TCMD) 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.
Tactile Systems Technology PB Ratio Related Terms
Tactile Systems Technology PB Ratio Historical Data
* 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, Tactile Systems Technology'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.
Tactile Systems Technology PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tactile Systems Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tactile Systems Technology'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.
Tactile Systems Technology (TCMD) has a PB Ratio of 3.19 as of Jul. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tactile Systems Technology and its competitors. This is 34% below median its historical median of 4.87. Over the past decade, Tactile Systems Technology's PB Ratio has ranged from 1.08 to 16.50. According to the industry distribution chart, Tactile Systems Technology ranks #513 out of 787 companies in the Medical Devices & Instruments industry, placing it in the top 65.2%.
Is Tactile Systems Technology's PB Ratio too high?
Tactile Systems Technology's current PB Ratio of 3.19 is 34% below median its 10-year median of 4.87. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 16.50. The Medical Devices & Instruments industry median PB Ratio is 2.05. Tactile Systems Technology's value of 3.19 is 55.6% above this industry median. Based on the distribution chart, Tactile Systems Technology ranks #513 out of 787 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Tactile Systems Technology has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tactile Systems Technology's PB Ratio compare to SSII and BVS?
According to the Medical Devices & Instruments industry distribution chart, Tactile Systems Technology ranks #513 out of 787 companies for PB Ratio. This places Tactile Systems Technology in the lower half of its industry. The industry median PB Ratio is 2.05. Tactile Systems Technology's value of 3.19 is 55.6% above this benchmark. Historically, Tactile Systems Technology's own PB Ratio has ranged from 1.08 to 16.50 over the past decade. While the company's 10-year median is 4.87 vs. the industry median of 2.05, Tactile Systems Technology 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 2.05, 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. Tactile Systems Technology's current PB Ratio of 3.19 is 55.6% 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 Tactile Systems Technology and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tactile Systems Technology's current PB Ratio is 3.19, which is 34% below median its own 10-year median of 4.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tactile Systems Technology stock overvalued right now?
Based on GuruFocus' analysis, Tactile Systems Technology (TCMD) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.74, compared to a current price of $30.64 — trading 63.5% above its estimated fair value. The current PB Ratio is 3.19, which is 34% below median its 10-year median of 4.87 and 55.6% above the Medical Devices & Instruments industry median of 2.05. Tactile Systems Technology's overall GF Score™ is 74/100 with 3 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 Tactile Systems Technology (TCMD), the current PB Ratio is 3.19 as of Jul. 09, 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.
Is Tactile Systems Technology (TCMD) Overvalued in 2026?
Based on GuruFocus' analysis, Tactile Systems Technology stock appears to be overvalued.
The current stock price of $30.64 is trading 63.5% above its estimated GF Value™ of $18.74.
GuruFocus considers Tactile Systems Technology to be Significantly Overvalued.
Key valuation signals for TCMD:
PB Ratio: 3.19 (34% below median its 10-year median of 4.87)
GF Value™: $18.74 vs. price of $30.64 (63.5% above fair value)
Industry Position: 55.6% above the Medical Devices & Instruments median (#513 of 787)
No single metric tells the full story. See the TCMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system, provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.
74GF Score
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