CurveBeam AI (ASX:CVB) Price-to-Tangible-Book : 8.70 (As of Jun. 06, 2024)

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What is CurveBeam AI Price-to-Tangible-Book?

As of today (2024-06-06), CurveBeam AI's share price is A$0.20. CurveBeam AI's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.02. Hence, CurveBeam AI's Price to Tangible Book Ratio of today is 8.70.

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

ASX:CVB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.61 Med: 18.04 Max: 18.04
Current: 10

During the past 3 years, CurveBeam AI's highest Price to Tangible Book Ratio was 18.04. The lowest was 7.61. And the median was 18.04.

ASX:CVB's Price-to-Tangible-Book is ranked worse than
83.76% of 702 companies
in the Medical Devices & Instruments industry
Industry Median: 2.685 vs ASX:CVB: 10.00

A closely related ratio is called PB Ratio. As of today, CurveBeam AI's share price is A$0.20. CurveBeam AI's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.15. Hence, CurveBeam AI's P/B Ratio of today is 1.35.

CurveBeam AI Price-to-Tangible-Book Historical Data

The historical data trend for CurveBeam AI'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.

CurveBeam AI Price-to-Tangible-Book Chart

CurveBeam AI Annual Data

Trend

Jun21

Jun22

Jun23

Price-to-Tangible-Book

CurveBeam AI Semi-Annual Data
	Jun21	Dec21	Jun22	Jun23	Dec23
Price-to-Tangible-Book	-	-	-	-	18.04

Competitive Comparison of CurveBeam AI's Price-to-Tangible-Book

For the Medical Devices subindustry, CurveBeam AI'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.

CurveBeam AI's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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

CurveBeam AI Price-to-Tangible-Book Calculation

CurveBeam AI's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.20	/	0.023
	=	8.70

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.

CurveBeam AI Price-to-Tangible-Book Related Terms

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CurveBeam AI (ASX:CVB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » CurveBeam AI Ltd (ASX:CVB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

10?16 Queen Street, Level 10, Melbourne, VIC, AUS, 3000

Website

https://www.curvebeamai.com

CurveBeam AI Ltd is a manufacturer of specialized imaging equipment that has developed software that, through the use of artificial intelligence (AI), and deep learning AI (DLAI), automates the scan processing and analysis of the high-quality images produced from the Company's CT devices to assist in the clinical assessment and management of musculoskeletal health conditions, with a focus on orthopedic and bone health issues. The Company is the first to market with natural bilateral weight-bearing and non-weight-bearing CT, point-of-care imaging equipment with targeted proprietary AI solutions.

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