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Reshape Lifesciences (STU:24O0) Price-to-Tangible-Book : 0.51 (As of May. 21, 2024)


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What is Reshape Lifesciences Price-to-Tangible-Book?

As of today (2024-05-21), Reshape Lifesciences's share price is €0.615. Reshape Lifesciences's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €1.21. Hence, Reshape Lifesciences's Price to Tangible Book Ratio of today is 0.51.

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

STU:24O0' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38   Med: 0.92   Max: 5.39
Current: 1.12

During the past 13 years, Reshape Lifesciences's highest Price to Tangible Book Ratio was 5.39. The lowest was 0.38. And the median was 0.92.

STU:24O0's Price-to-Tangible-Book is ranked better than
90.44% of 701 companies
in the Medical Devices & Instruments industry
Industry Median: 2.74 vs STU:24O0: 1.12

A closely related ratio is called PB Ratio. As of today, Reshape Lifesciences's share price is €0.615. Reshape Lifesciences's Book Value per Sharefor the quarter that ended in Mar. 2024 was €1.21. Hence, Reshape Lifesciences's P/B Ratio of today is 0.51.


Reshape Lifesciences Price-to-Tangible-Book Historical Data

The historical data trend for Reshape Lifesciences'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.

Reshape Lifesciences Price-to-Tangible-Book Chart

Reshape Lifesciences Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.21 1.14 -

Reshape Lifesciences Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 0.86 0.70 0.33 - -

Competitive Comparison of Reshape Lifesciences's Price-to-Tangible-Book

For the Medical Devices subindustry, Reshape Lifesciences'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.


Reshape Lifesciences's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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



Reshape Lifesciences Price-to-Tangible-Book Calculation

Reshape Lifesciences's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.615/1.208
=0.51

* 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.


Reshape Lifesciences Price-to-Tangible-Book Related Terms

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


Reshape Lifesciences (STU:24O0) Business Description

Traded in Other Exchanges
Address
1001 Calle Amanecer, San Clemente, CA, USA, 92673
Reshape Lifesciences Inc is a developer of minimally invasive medical devices to treat obesity and metabolic diseases. The company's current portfolio includes the LAP-BAND, an Adjustable Gastric Banding System, ReShapeCare virtual health coaching program, ReShape Market Place, including ReShape Optimize a supplemental multivitamin, the Obalon Balloon System, the first and only swallowable gas-filled balloon system, and the Diabetes Bloc-Stim Neuromodulation, a technology under development as a new treatment for type 2 diabetes mellitus.

Reshape Lifesciences (STU:24O0) Headlines

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