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Opsens (TSX:OPS) Price-to-Tangible-Book : 10.39 (As of May. 25, 2024)


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What is Opsens Price-to-Tangible-Book?

As of today (2024-05-25), Opsens's share price is C$2.90. Opsens's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was C$0.28. Hence, Opsens's Price to Tangible Book Ratio of today is 10.39.

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

TSX:OPS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.38   Med: 6.63   Max: 17.17
Current: 10.36

During the past 13 years, Opsens's highest Price to Tangible Book Ratio was 17.17. The lowest was 4.38. And the median was 6.63.

TSX:OPS's Price-to-Tangible-Book is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 2.7 vs TSX:OPS: 10.36

A closely related ratio is called PB Ratio. As of today, Opsens's share price is C$2.90. Opsens's Book Value per Sharefor the quarter that ended in Aug. 2023 was C$0.29. Hence, Opsens's P/B Ratio of today is 9.90.


Opsens Price-to-Tangible-Book Historical Data

The historical data trend for Opsens'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.

Opsens Price-to-Tangible-Book Chart

Opsens Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 5.13 6.97 10.13 7.17

Opsens Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 10.13 8.13 5.65 5.62 7.17

Competitive Comparison of Opsens's Price-to-Tangible-Book

For the Medical Instruments & Supplies subindustry, Opsens'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.


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

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

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



Opsens Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Aug. 2023 )
=2.90/0.279
=10.39

* 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.


Opsens Price-to-Tangible-Book Related Terms

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


Opsens (TSX:OPS) Business Description

Traded in Other Exchanges
N/A
Address
750, Boulevard du Parc-Technologique, Quebec, QC, CAN, G1P 4S3
OpSens Inc. is engaged in physiological measurements such as Fractional Flow Reserve (FFR) and Diastolic Pressure Ratio (dPR) in the coronary artery disease market and in transcatheter aortic valve replacement (TAVR) in the structural heart market. It operates in two segments that are Medical and Industrial. In Medical segment it supplies an optical-based pressure guidewire (OptoWire), a guidewire used in the TAVR procedure (SavvyWire) and a wide range of miniature optical sensors to measure pressure and temperature to be used in a wide range of applications that can be integrated into other medical devices. Industrial segment includes developing, manufacturing and installing fibre optic sensing solutions for industrial applications. Majority of its revenue is derived from Medical segment.
Executives
Alan Milinazzo Director
Robin Villeneuve Senior Officer
Fiera Capital Corporation (formerly Fiera Sceptre Inc.) 10% Security Holder

Opsens (TSX:OPS) Headlines

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