The historical rank and industry rank for Nortech Systems's Price-to-Tangible-Book or its related term are showing as below:
NSYS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49 Med: 0.71 Max: 1.52
Current: 0.92
During the past 13 years, Nortech Systems's highest Price to Tangible Book Ratio was 1.52. The lowest was 0.49. And the median was 0.71.
NSYS's Price-to-Tangible-Book is ranked better than 87.25% of 698
companies
in the Medical Devices & Instruments industry
Industry Median: 2.855
vs NSYS: 0.92
Nortech Systems Price-to-Tangible-Book Historical Data
The historical data trend for Nortech Systems'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 Nortech Systems's Price-to-Tangible-Book
For the Medical Devices subindustry, Nortech Systems'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.
Nortech Systems's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Nortech Systems's Price-to-Tangible-Book falls into.
Nortech Systems Price-to-Tangible-Book Calculation
Nortech Systems'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.
Nortech Systems Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Nortech Systems's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical and manufacturing services and support including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense and Industrial markets with key revenue coming from Medical device and product manufacturing and related engineering services.
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