MiMedx Price To Book Ratio from 2010 to 2024

MDXG Stock  USD 9.53  0.06  0.63%   
MiMedx's Price To Book Ratio is increasing over the last several years with very volatile swings. Price To Book Ratio is predicted to flatten to 6.80. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
7.15870046
Current Value
6.8
Quarterly Volatility
2.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MiMedx financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MiMedx's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.7 M, Interest Expense of 6.8 M or Selling General Administrative of 123.2 M, as well as many indicators such as Price To Sales Ratio of 3.02, Dividend Yield of 0.0 or PTB Ratio of 6.8. MiMedx financial statements analysis is a perfect complement when working with MiMedx Valuation or Volatility modules.
  
Check out the analysis of MiMedx Correlation against competitors.

Latest MiMedx's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of MiMedx Group over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. MiMedx's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MiMedx's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Very volatile
   Price To Book Ratio   
       Timeline  

MiMedx Price To Book Ratio Regression Statistics

Arithmetic Mean112.13
Geometric Mean18.85
Coefficient Of Variation2,487
Mean Deviation1,069
Median7.16
Standard Deviation2,788
Sample Variance7.8M
Range14.7K
R-Value0.07
Mean Square Error8.3M
R-Squared0.01
Significance0.80
Slope45.27
Total Sum of Squares108.8M

MiMedx Price To Book Ratio History

2024 6.8
2023 7.16
2022 -17.45
2021 8128.47
2020 -6553.16
2019 23.57
2018 3.81

About MiMedx Financial Statements

MiMedx stakeholders use historical fundamental indicators, such as MiMedx's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although MiMedx investors may analyze each financial statement separately, they are all interrelated. For example, changes in MiMedx's assets and liabilities are reflected in the revenues and expenses on MiMedx's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MiMedx Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 7.16  6.80 

Currently Active Assets on Macroaxis

When determining whether MiMedx Group is a strong investment it is important to analyze MiMedx's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MiMedx's future performance. For an informed investment choice regarding MiMedx Stock, refer to the following important reports:
Check out the analysis of MiMedx Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MiMedx. If investors know MiMedx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MiMedx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Earnings Share
0.57
Revenue Per Share
2.447
Quarterly Revenue Growth
0.029
Return On Assets
0.1838
The market value of MiMedx Group is measured differently than its book value, which is the value of MiMedx that is recorded on the company's balance sheet. Investors also form their own opinion of MiMedx's value that differs from its market value or its book value, called intrinsic value, which is MiMedx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MiMedx's market value can be influenced by many factors that don't directly affect MiMedx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MiMedx's value and its price as these two are different measures arrived at by different means. Investors typically determine if MiMedx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MiMedx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.