Polarean Imaging (LSE:POLX) Price-to-Tangible-Book : 0.91 (As of May. 20, 2024)

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What is Polarean Imaging Price-to-Tangible-Book?

As of today (2024-05-20), Polarean Imaging's share price is £0.0375. Polarean Imaging's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was £0.04. Hence, Polarean Imaging's Price to Tangible Book Ratio of today is 0.91.

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

LSE:POLX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 7.41 Max: 30.71
Current: 0.94

During the past 7 years, Polarean Imaging's highest Price to Tangible Book Ratio was 30.71. The lowest was 0.91. And the median was 7.41.

LSE:POLX's Price-to-Tangible-Book is ranked better than
86.59% of 701 companies
in the Medical Devices & Instruments industry
Industry Median: 2.77 vs LSE:POLX: 0.94

A closely related ratio is called PB Ratio. As of today, Polarean Imaging's share price is £0.0375. Polarean Imaging's Book Value per Sharefor the quarter that ended in Jun. 2023 was £0.05. Hence, Polarean Imaging's P/B Ratio of today is 0.82.

Polarean Imaging Price-to-Tangible-Book Historical Data

The historical data trend for Polarean Imaging'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.

Polarean Imaging Price-to-Tangible-Book Chart

Polarean Imaging Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Price-to-Tangible-Book

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5.34

27.50

25.19

5.33

8.24

Polarean Imaging Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Price-to-Tangible-Book	Get a 7-Day Free Trial								7.41	5.33	4.95	8.24	5.91

Competitive Comparison of Polarean Imaging's Price-to-Tangible-Book

For the Medical Devices subindustry, Polarean Imaging'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.

Polarean Imaging's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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

Polarean Imaging Price-to-Tangible-Book Calculation

Polarean Imaging's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2023 )
	=	0.0375	/	0.041
	=	0.91

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.

Polarean Imaging Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Polarean Imaging's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Polarean Imaging (LSE:POLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Polarean Imaging PLC (LSE:POLX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PLLWF:USA 8ZF:Germany

Address

27-28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.polarean.com

Polarean Imaging PLC designs and manufactures medical drug-device combination companies operating in the high-resolution medical imaging market. Its only operating segment being the development and commercialization of gas polariser devices and ancillary instruments. Geographically, it derives most of the revenue from the United States of America and also has a presence in Canada and the United Kingdom. The company generates revenue from products and services such as Polarisers, Parts and Upgrades, Service and other revenue. Its product portfolio includes 9820 129Xe Hyperpolarizer, 9800 129Xe Hyperpolarizer, Polarean 3777 129Xe Hyperpolarizer Upgrade Module, Polarean 2881 Polarization Measurement Station, and others.

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