iRhythm Technologies Inc

NASDAQ IRTC

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iRhythm Technologies Inc Price to Book Ratio (P/B) on June 03, 2024: 28.96

iRhythm Technologies Inc Price to Book Ratio (P/B) is 28.96 on June 03, 2024, a 101.56% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • iRhythm Technologies Inc 52-week high Price to Book Ratio (P/B) is 38.49 on May 01, 2024, which is 32.91% above the current Price to Book Ratio (P/B).
  • iRhythm Technologies Inc 52-week low Price to Book Ratio (P/B) is 10.09 on November 10, 2023, which is -65.17% below the current Price to Book Ratio (P/B).
  • iRhythm Technologies Inc average Price to Book Ratio (P/B) for the last 52 weeks is 16.12.
NASDAQ: IRTC

iRhythm Technologies Inc

CEO Mr. Quentin S. Blackford
IPO Date Oct. 20, 2016
Location United States
Headquarters 699 8th Street, San Francisco, CA, United States, 94103
Employees 2,000
Sector Healthcare
Industry Medical devices
Description

iRhythm Technologies, Inc., a digital healthcare company, engages in the design, development, and commercialization of device-based technology to provide ambulatory cardiac monitoring services to diagnose arrhythmias in the United States. It offers Zio services, an ambulatory monitoring solution, including long-term and short-term continuous monitoring and mobile cardiac telemetry monitoring services. The company also provides the Zio Monitor System, a prescription-only, remote electrocardiogram (ECG) monitoring system that consists of a patch ECG monitor that records the electric signal from the heart continuously for up to 14 days and the Zio ECG Utilization Software System, which supports the capture and analysis of ECG data recorded by the Zio Monitor patch at the end of the wear period, including specific arrhythmia events detected by the ZEUS System; the Zio XT System is the previous generation of the Zio Monitor System and is a prescription-only, remote ECG monitoring system that consists of the Zio XT patch that records the electric signal from the heart continuously for up to 14 days; and the Zio AT system, a prescription-only, remote ECG monitoring system that similarly consists of the Zio AT patch that records the electric signal from the heart continuously for up to 14 days and the ZEUS System, but which also incorporates the Zio AT wireless gateway that provides connectivity between the Zio AT patch and the ZEUS System during the patient wear period. It has a development collaboration agreement with Verily Life Sciences LLC and Verity Ireland Limited to develop various next-generation atrial fibrillation screening, detection, or monitoring products. The company was incorporated in 2006 and is headquartered in San Francisco, California.

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StockViz Staff

September 8, 2024

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