Orthofix Medical Inc

NASDAQ OFIX

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Orthofix Medical Inc Price to Book Ratio (P/B) on June 03, 2024: 0.91

Orthofix Medical Inc Price to Book Ratio (P/B) is 0.91 on June 03, 2024, a -14.36% 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.
  • Orthofix Medical Inc 52-week high Price to Book Ratio (P/B) is 1.23 on August 30, 2023, which is 35.31% above the current Price to Book Ratio (P/B).
  • Orthofix Medical Inc 52-week low Price to Book Ratio (P/B) is 0.58 on November 13, 2023, which is -36.17% below the current Price to Book Ratio (P/B).
  • Orthofix Medical Inc average Price to Book Ratio (P/B) for the last 52 weeks is 0.88.
NASDAQ: OFIX

Orthofix Medical Inc

CEO Mr. Jon C. Serbousek
IPO Date April 24, 1992
Location United States
Headquarters 3451 Plano Parkway, Lewisville, TX, United States, 75056
Employees 1,634
Sector Healthcare
Industry Medical devices
Description

Orthofix Medical Inc. operates as a spine and orthopedics company in the United States, Italy, Germany, the United Kingdom, France, Brazil, and internationally. It operates through two segments, Global Spine and Global Orthopedics. The Global Spine segment manufactures and distributes bone growth stimulator devices for enhance of bone fusion, including adjunctive and noninvasive treatment of cervical and lumbar spine, as well as a therapeutic treatment for non-spine; designs, develops, and markets a portfolio of motion preservation and fixation implant products, which are used in surgical procedures of the spine; and offers biological products, such as fiber-based and particulate demineralized bone matrices, cellular bone allografts, collagen ceramic matrices, and synthetic bone void fillers, and tissue forms, which allow physicians to treat various spinal and orthopedic conditions. This segment also designs, develops, and markets a portfolio of navigation technologies, including tracked surgical tools, intelligent software, and imaging equipment based on machine-vision and optical innovations. The Global Orthopedics segment offers products and solutions that allow physicians to treat various orthopedic conditions related to limb reconstruction and deformity correction unrelated to the spine. This segment designs, develops, and markets external and internal fixation orthopedic products that are coupled with enabling digital technologies to serve the complete patient treatment pathway. It sells its products through distributors and sales representatives to hospitals, healthcare organizations, and healthcare providers. The company was formerly known as Orthofix International N.V. and changed its name to Orthofix Medical Inc. in 2018. Orthofix Medical Inc. was founded in 1980 and is headquartered in Lewisville, Texas.

StockViz Staff

September 16, 2024

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