TBRIF (Therma Bright) Price-to-Tangible-Book : 7.19 (As of Apr. 13, 2025)

View and export this data going back to 2018. Start your Free Trial

What is Therma Bright Price-to-Tangible-Book?

As of today (2025-04-13), Therma Bright's share price is $0.01438. Therma Bright's Tangible Book per Share of Oct. 2024 for the quarter that ended in Oct. 2024 was $0.00. Hence, Therma Bright's Price to Tangible Book Ratio of today is 7.19.

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

TBRIF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.33 Med: 15.57 Max: 385
Current: 10

During the past 13 years, Therma Bright's highest Price to Tangible Book Ratio was 385.00. The lowest was 3.33. And the median was 15.57.

TBRIF's Price-to-Tangible-Book is ranked worse than
87.43% of 700 companies
in the Medical Devices & Instruments industry
Industry Median: 2.475 vs TBRIF: 10.00

A closely related ratio is called PB Ratio. As of today, Therma Bright's share price is $0.01438. Therma Bright's Book Value per Sharefor the quarter that ended in Oct. 2024 was $0.00. Hence, Therma Bright's P/B Ratio of today is 4.79.

Therma Bright Price-to-Tangible-Book Historical Data

The historical data trend for Therma Bright'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.

Therma Bright Price-to-Tangible-Book Chart

Therma Bright Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Price-to-Tangible-Book

Get a 7-Day Free Trial

160.00

82.80

12.12

15.00

Therma Bright Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Price-to-Tangible-Book	Get a 7-Day Free Trial															7.60	4.33	2.00	15.00	12.50

Competitive Comparison of Therma Bright's Price-to-Tangible-Book

For the Medical Devices subindustry, Therma Bright'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.

Therma Bright's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

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

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

Save Embed

;

Save Embed

;

Therma Bright Price-to-Tangible-Book Calculation

Therma Bright's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2024 )
	=	0.01438	/	0.002
	=	7.19

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.

Therma Bright Price-to-Tangible-Book Related Terms

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

Therma Bright Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Therma Bright Inc (OTCPK:TBRIF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

JNX:Germany THRM:Canada

Address

345 Danforth Avenue, Toronto, ON, CAN, M4K 1N7

Website

https://www.thermabright.com

Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.