Tandem Diabetes Care (TNDM)

P/B ratio as of November 2024 : 8.27

According to Tandem Diabetes Care 's latest financial reports the company has a price-to-book ratio of 2.60997.
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.

Tandem Diabetes Care - P/B ratio (from 2013 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	6.15	-6.38%
2022-12-31	6.57	-70.25%
2021-12-31	22.1	35.91%
2020-12-31	16.2	-10.54%
2019-12-31	18.2	9.08%
2018-12-31	16.6	-2131.93%
2017-12-31	-0.8193	-92.63%
2016-12-31	-11.1	-297.44%
2015-12-31	5.63	2.27%
2014-12-31	5.50	7.66%
2013-12-31	5.11
2012-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Insulet PODD	18.8	127.73%	🇺🇸 USA
ICU Medical ICUI	2.12	-74.37%	🇺🇸 USA
DexCom DXCM	13.8	67.00%	🇺🇸 USA
Medtronic MDT	2.34	-71.75%	🇮🇪 Ireland
Johnson & Johnson JNJ	5.34	-35.47%	🇺🇸 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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Tandem Diabetes Care (TNDM) - P/B ratio