Observe Medical ASA
OSE:OBSRV
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (3.4), the stock would be worth kr0.74 (38% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 5.4 | kr1.2 |
0%
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| 3-Year Average | 3.4 | kr0.74 |
-38%
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| 5-Year Average | 5.3 | kr1.17 |
-2%
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| Industry Average | 3.4 | kr0.75 |
-37%
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| Country Average | 1.7 | kr0.37 |
-69%
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Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| NO |
O
|
Observe Medical ASA
OSE:OBSRV
|
162.7m NOK | 5.4 | -3.3 | |
| US |
|
Intuitive Surgical Inc
NASDAQ:ISRG
|
167.2B USD | 9.4 | 58.6 | |
| US |
|
Abbott Laboratories
NYSE:ABT
|
161.2B USD | 3.1 | 25.7 | |
| US |
|
Stryker Corp
NYSE:SYK
|
125.8B USD | 5.6 | 38.8 | |
| IE |
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Medtronic PLC
NYSE:MDT
|
106.4B USD | 2.2 | 23.1 | |
| US |
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Boston Scientific Corp
NYSE:BSX
|
88.9B USD | 3.7 | 24.9 | |
| US |
|
Edwards Lifesciences Corp
NYSE:EW
|
48.5B USD | 4.7 | 44.2 | |
| DE |
|
Siemens Healthineers AG
XETRA:SHL
|
40.1B EUR | 2.2 | 19 | |
| US |
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IDEXX Laboratories Inc
NASDAQ:IDXX
|
45.8B USD | 28.6 | 43.3 | |
| US |
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Becton Dickinson and Co
NYSE:BDX
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42.8B USD | 1.7 | 24.3 | |
| US |
|
Resmed Inc
NYSE:RMD
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32.3B USD | 5.1 | 21.8 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.2 |
| Median | 1.7 |
| 70th Percentile | 3.3 |
| Max | 234.8 |
Other Multiples
Observe Medical ASA
Glance View
Observe Medical ASA engages in the business of developing, marketing, and selling innovative medtech products for the global market. The company is headquartered in Oslo, Oslo. The company went IPO on 2019-11-04. The firm has a broad distribution portfolio of medtech devices and disposables, mainly within Urine measurement, Anesthesiology/ICUs and wound care. The firm is recognized for development and distribution of the Sippi automated digital urine system. Sippi is consist of several products like urine temperature catheters fixating devices to use in combination with urine catheters. Another product Biim is s approved for ultrasound imaging of the human body and is specifically used to guide needle and catheter insertions for dialysis and vascular access procedures. Observe Medical ASA is the parent company of its wholly owned subsidiaries, Observe Medical International AS, Observe Medical AB, Observe Medical ApS, Observe Medical Nordic AB and Biim Ultrasound AS.
