Ludwig Enterprises (Ludwig Enterprises) Price-to-Tangible-Book : (As of Jun. 04, 2024)

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What is Ludwig Enterprises Price-to-Tangible-Book?

As of today (2024-06-04), Ludwig Enterprises's share price is $0.21. Ludwig Enterprises's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-0.01. Hence, Ludwig Enterprises's Price to Tangible Book Ratio of today is .

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

LUDG's Price-to-Tangible-Book is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 2.67
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Ludwig Enterprises's share price is $0.21. Ludwig Enterprises's Book Value per Sharefor the quarter that ended in Mar. 2024 was $-0.01. Hence, Ludwig Enterprises's P/B Ratio of today is .

Ludwig Enterprises Price-to-Tangible-Book Historical Data

The historical data trend for Ludwig Enterprises'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.

Ludwig Enterprises Price-to-Tangible-Book Chart

Ludwig Enterprises Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

Ludwig Enterprises Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Ludwig Enterprises's Price-to-Tangible-Book

For the Medical Devices subindustry, Ludwig Enterprises'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.

Ludwig Enterprises's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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

Ludwig Enterprises Price-to-Tangible-Book Calculation

Ludwig Enterprises's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	0.21	/	-0.011
	=

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.

Ludwig Enterprises Price-to-Tangible-Book Related Terms

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

Ludwig Enterprises (Ludwig Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ludwig Enterprises Inc (OTCPK:LUDG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1749 VICTORIAN AVENUE, Suite C-350, Sparks, NV, USA, 89431

Website

https://www.ludwigent.com

Ludwig Enterprises Inc is a publicly traded Medical Technology Holding Company with Precision Genomics, Inc. and MyRNA for Life, Inc. as wholly owned subsidiaries. The company's advancements in medical technology and Artificial Intelligence (AI) have awarded it with cutting-edge genomic tools. These genomic tools have the potential to detect diseases early but also to customize treatments that may improve patient outcomes and, in some cases, even extend life. Ludwig is at the forefront of this new era with their proprietary mRNA genetic technology that has the potential to detect genetic biomarkers for inflammatory-driven diseases, including but not limited to heart disease, diabetes, preeclampsia, and cancer. It manages its business on the basis of one operating and reportable segment.