Tactile Medical (TCMD)

P/B ratio as of November 2024 : 2.12

According to Tactile Medical's latest financial reports the company has a price-to-book ratio of 1.56234.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tactile Medical - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.74	-8.95%
2022-12-31	1.91	-35.22%
2021-12-31	2.94	-57.96%
2020-12-31	7.00	-39.06%
2019-12-31	11.5	20.8%
2018-12-31	9.51	34.88%
2017-12-31	7.05	52.34%
2016-12-31	4.63
2015-12-31	N/A
2014-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Inari Medical NARI	6.84	223.51%	🇺🇸 USA
Merit Medical MMSI	4.58	116.47%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Tactile Medical (TCMD) - P/B ratio