Sirona Dental Systems (SIRO)

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69.02 -0.37  -0.53%   NASDAQ May 24, 8:00PM BATS Real time Currency in USD

Sirona Dental Systems Price / Tangible Book Value

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Sirona Dental Systems Price / Tangible Book Value Chart

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Sirona Dental Systems Historical Price / Tangible Book Value Data

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About Price to Tangible Book Value

Click the "Learn More" link below to see how YCharts calculates Price to Tangible Book Value.

The Price to Tangible Book Value ratio (PTBV) expresses share price as a proportion of the company's tangible book value reported on the company's balance sheet. Tangible book value is calculated by subtracting intangible assets (intellectual property, patents, goodwill etc.) from the company's book value.

Theoretically, PTBV represents the amount of money that shareholders would receive for each share owned if the company were to liquidate its operations. A higher PTBV indicates a higher level of risk due to increased potential for share price losses.
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