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Qualis Innovations (Qualis Innovations) Price-to-Tangible-Book : 87.67 (As of May. 27, 2024)


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What is Qualis Innovations Price-to-Tangible-Book?

As of today (2024-05-27), Qualis Innovations's share price is $0.263. Qualis Innovations's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.00. Hence, Qualis Innovations's Price to Tangible Book Ratio of today is 87.67.

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

During the past 9 years, Qualis Innovations's highest Price to Tangible Book Ratio was 91.10. The lowest was 12.90. And the median was 42.70.

QLIS's Price-to-Tangible-Book is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.72
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Qualis Innovations's share price is $0.263. Qualis Innovations's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.00. Hence, Qualis Innovations's P/B Ratio of today is 87.67.


Qualis Innovations Price-to-Tangible-Book Historical Data

The historical data trend for Qualis Innovations'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.

Qualis Innovations Price-to-Tangible-Book Chart

Qualis Innovations Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Dec11 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only - 1.15 12.90 31.38 -

Qualis Innovations Quarterly Data
Oct10 Jan11 Apr11 Sep11 Dec11 Mar12 Jun12 Sep12 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.21 34.00 47.21 - 91.10

Competitive Comparison of Qualis Innovations's Price-to-Tangible-Book

For the Medical Devices subindustry, Qualis Innovations'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.


Qualis Innovations's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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



Qualis Innovations Price-to-Tangible-Book Calculation

Qualis Innovations's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.263/0.003
=87.67

* 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.


Qualis Innovations Price-to-Tangible-Book Related Terms

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


Qualis Innovations (Qualis Innovations) Business Description

Traded in Other Exchanges
N/A
Address
225 Wilmington West Chester Pike, Suite 200, No.145, Chadds Ford, PA, USA, 19317
Qualis Innovations Inc. is the holding company of mPathix Health, Inc. The company is focused on the development, production, and distribution of multi-modal pain management and Central Nervous System related solutions. It develops pain management products using a modality agnostic, virtual operating model. The company is developing a product designed to address the unmet needs of patients who seek alternatives to traditional pain medications and interventions or adjunctive therapies to their current treatment regimen.
Executives
Bin Wang director 112 RICO DR. NORTH, MORGANVILLE NJ 07751