Tactile Medical
TCMD
$14.28
Share price
-1.14%
Change (1 day)
-21.52%
Change (1 year)
Categories
Tactile Medical (TCMD) - P/B ratio
P/B ratio as of May 2024 : 1.77
According to Tactile Medical's latest financial reports the company has a price-to-book ratio of 1.77.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 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 | differencediff. | Country |
|---|---|---|---|
 Merit Medical MMSI | 3.72 | 110.14% | 🇺🇸 USA |
 Inari Medical
NARI | 5.25 | 196.37% | 🇺🇸 USA |