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HeartFlowHTFL -0.44%12 Price-to-Tangible-Book is 15.60 as of Sep. 02, 2026. GuruFocus rates HTFL with a GF Score™ of 12/100. The stock has 6 warning signs investors should review. Among 507 Healthcare Providers & Services companies, HeartFlow ranks worse than 92.5% on this metric.
As of today (2026-09-02), HeartFlow's share price is $50.31. HeartFlow's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was $3.23. Hence, HeartFlow's Price to Tangible Book Ratio of today is 15.60.
The historical rank and industry rank for HeartFlow's Price-to-Tangible-Book or its related term are showing as below:
HTFL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.33 Med: 8.68 Max: 15.94
Current: 15.58
During the past 3 years, HeartFlow's highest Price to Tangible Book Ratio was 15.94. The lowest was 7.33. And the median was 8.68.
HTFL's Price-to-Tangible-Book is ranked worse than 92.5% of 507
companies
in the Healthcare Providers & Services industry
Industry Median: 2.65
vs HTFL: 15.58
A closely related ratio is called PB Ratio. As of today, HeartFlow's share price is $50.31. HeartFlow's Book Value per Sharefor the quarter that ended in Jun. 2026 was $3.23. Hence, HeartFlow's P/B Ratio of today is 15.60.
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.
HeartFlow Price-to-Tangible-Book Related Terms
HeartFlow Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for HeartFlow'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.
HTFL vs DOCS, WAY, PRVA: Price-to-Tangible-Book Comparison
For the Health Information Services subindustry, HeartFlow'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.
HeartFlow Price-to-Tangible-Book vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, HeartFlow's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where HeartFlow's Price-to-Tangible-Book falls into.
* 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.
HeartFlow (HTFL) has a Price-to-Tangible-Book of 15.60 as of Sep. 02, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on HeartFlow and its competitors. According to the industry distribution chart, HeartFlow ranks #469 out of 507 companies in the Healthcare Providers & Services industry, placing it in the top 92.5%.
Is HeartFlow's Price-to-Tangible-Book too high?
HeartFlow's current Price-to-Tangible-Book is 15.60. The Healthcare Providers & Services industry median Price-to-Tangible-Book is 2.65. HeartFlow's value of 15.60 is 488.7% above this industry median. Based on the distribution chart, HeartFlow ranks #469 out of 507 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, HeartFlow has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does HeartFlow's Price-to-Tangible-Book compare to DOCS and WAY?
According to the Healthcare Providers & Services industry distribution chart, HeartFlow ranks #469 out of 507 companies for Price-to-Tangible-Book. This places HeartFlow in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.65. HeartFlow's value of 15.60 is 488.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Healthcare Providers & Services company?
The median Price-to-Tangible-Book among Healthcare Providers & Services companies is 2.65, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HeartFlow's current Price-to-Tangible-Book of 15.60 is 488.7% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on HeartFlow and its competitors. For the Healthcare Providers & Services industry, the median Price-to-Tangible-Book is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HeartFlow's current Price-to-Tangible-Book is 15.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HeartFlow stock overvalued right now?
HeartFlow (HTFL) has a current Price-to-Tangible-Book of 15.60. The current Price-to-Tangible-Book is 15.60 and 488.7% above the Healthcare Providers & Services industry median of 2.65. HeartFlow's overall GF Score™ is 12/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For HeartFlow (HTFL), the current Price-to-Tangible-Book is 15.60 as of Sep. 02, 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.
HeartFlow Inc is a commercial-stage medical technology company that provides software and artificial intelligence (AI) designed to deliver a non-invasive solution for diagnosing and managing coronary artery disease. The company operates and manages its business as a single reportable operating segment: non-invasive coronary artery disease detection solutions. Geographically, it operates in the United States and the rest of Europe, deriving the majority of its revenue from the United States. The company has developed three software products: Heartflow Roadmap Analysis, Heartflow FFRCT Analysis, and Heartflow Plaque Analysis.
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