As of today (2024-06-01), Biote's share price is $6.68. Biote's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-1.52. Hence, Biote's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Biote's Price-to-Tangible-Book or its related term are showing as below:
BTMD's Price-to-Tangible-Book is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 3.08 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Biote's share price is $6.68. Biote's Book Value per Sharefor the quarter that ended in Mar. 2024 was $-1.04. Hence, Biote's P/B Ratio of today is .
Biote Price-to-Tangible-Book Historical Data
The historical data trend for Biote'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 Biote's Price-to-Tangible-Book
For the Medical Care Facilities subindustry, Biote'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.
Biote's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Biote's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Biote's Price-to-Tangible-Book falls into.
Biote Price-to-Tangible-Book Calculation
Biote'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.
Biote Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Biote's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Biote Corp is engaged in bioidentical hormone replacement optimization platform and complementary nutraceutical business. The company offers end-to-end platform that provides practitioners with medical education, training and certification, practice management software, and digital and point-of-care marketing support.
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