Onward Medical NV (XBRU:ONWD) Price-to-Tangible-Book : 17.51 (As of Apr. 30, 2024)

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What is Onward Medical NV Price-to-Tangible-Book?

As of today (2024-04-30), Onward Medical NV's share price is €4.71. Onward Medical NV's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.27. Hence, Onward Medical NV's Price to Tangible Book Ratio of today is 17.51.

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

XBRU:ONWD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.68 Med: 4.33 Max: 6.72
Current: 5.89

During the past 7 years, Onward Medical NV's highest Price to Tangible Book Ratio was 6.72. The lowest was 2.68. And the median was 4.33.

XBRU:ONWD's Price-to-Tangible-Book is ranked worse than
77.95% of 1220 companies
in the Biotechnology industry
Industry Median: 2.69 vs XBRU:ONWD: 5.89

A closely related ratio is called PB Ratio. As of today, Onward Medical NV's share price is €4.71. Onward Medical NV's Book Value per Sharefor the quarter that ended in Dec. 2023 was €0.59. Hence, Onward Medical NV's P/B Ratio of today is 7.93.

Onward Medical NV Price-to-Tangible-Book Historical Data

The historical data trend for Onward Medical NV'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.

Onward Medical NV Price-to-Tangible-Book Chart

Onward Medical NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.24

4.42

11.52

Onward Medical NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					4.24	2.68	4.42	6.72	11.52

Competitive Comparison of Onward Medical NV's Price-to-Tangible-Book

For the Biotechnology subindustry, Onward Medical NV'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.

Onward Medical NV's Price-to-Tangible-Book Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Onward Medical NV's Price-to-Tangible-Book distribution charts can be found below:

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

Onward Medical NV Price-to-Tangible-Book Calculation

Onward Medical NV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	4.71	/	0.269
	=	17.51

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.

Onward Medical NV Price-to-Tangible-Book Related Terms

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

Onward Medical NV (XBRU:ONWD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Onward Medical NV (XBRU:ONWD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ONWRF:USA 63E:Germany

Address

High Tech Campus 32, Noord-Braban, Eindhoven, NH, NLD, NL-5656 AE

Website

https://www.onwd.com

Onward Medical NV is a medical technology company developing and commercializing therapies to enable functional recovery for people with spinal cord injury. It has developed two programmable neurostimulation platforms: an implantable system, ARCIM, and a non-invasive, transcutaneous system, ARCEX. The company has selected the United states and four European markets: Germany, France, the UK and the Netherlands to create a customer base.

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