Tenon Medical

Tenon Medical P/B

The P/B (Price-to-Book Ratio) of Tenon Medical (TNON) as of Oct 21, 2026 is 1.63. In the previous year, P/B (Price-to-Book Ratio) was 1.37 — a change of 18.47% (higher).

P/B

1.63

YoY

18.47%

Last updated:

P/B (Price-to-Book Ratio) of Tenon Medical is 2025 1.63 . P/B (Price-to-Book Ratio) of Tenon Medical was 2024 1.37 . It decreases by 18.47% higher compared to the previous year.

The Tenon Medical P/B history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/B
Date
P/B
Jan 1, 2019
-3.15 USD
Jan 1, 2020
-2.61 USD
Jan 1, 2021
-0.40 USD
Jan 1, 2022
1.31 USD
Jan 1, 2023
10.55 USD
Jan 1, 2024
1.37 USD
Jan 1, 2025
1.63 USD
The Tenon Medical P/B history
YEARP/BYoY
1.63+18.47%
1.37-86.97%
10.55+703.60%
1.31-428.73%
-0.40-84.70%
-2.61-17.02%
-3.15—

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Tenon Medical Stock analysis

What does Tenon Medical do? Tenon Medical Inc generates revenue through the sale of its Catamaran SI Joint Fusion System, a medical device designed to treat sacroiliac joint disorders causing lower back pain. The system includes the Catamaran Fixation Device, which stabilizes the SI Joint by transfixing it along its longitudinal axis using a single titanium implant. The company targets orthopedic surgeons and hospitals specializing in spinal and joint treatments, with the Catamaran System marketed as a solution for the most common SI Joint disorders. Tenon Technology AG serves as the company's subsidiary, supporting the development and commercialization of the medical device technology. The Catamaran System is positioned as a specialized surgical solution, featuring a unique approach that avoids critical neural and vascular structures while targeting strong cortical bone. The company's focus on the sacroiliac joint market differentiates it from broader orthopedic device manufacturers, with the product designed to address specific patient needs in lower back pain management. Revenue streams are derived from direct sales of the system to healthcare providers and hospitals, leveraging the proprietary surgical technique and implant design. Tenon Medical Inc. operates within the Health Care Equipment & Supplies industry, with its primary product being the Catamaran SI Joint Fusion System. The company's business model centers on developing and selling medical devices that provide targeted treatment for SI Joint disorders, using a single titanium implant that transfixes the joint. The subsidiary Tenon Technology AG plays a role in supporting the company's technological advancements and market positioning. Tenon Medical is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Tenon Medical stock

P/B (Price-to-Book Ratio) of Tenon Medical is 1.63 in 2025.

P/B (Price-to-Book Ratio) of Tenon Medical changed from 1.37 to 1.63, representing a 18.47% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of P/B (Price-to-Book Ratio) Tenon Medical since 2006 – with annual values, charts, and detailed analysis.

The Price-to-Book ratio compares a company's market price to its book value. A low P/B may indicate an undervalued stock, while a high P/B could suggest overvaluation or strong growth expectations.

P/B = Stock Price / Book Value per Share

To evaluate P/B (Price-to-Book Ratio)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for P/B (Price-to-Book Ratio).

A 'good' varies by industry and company stage. On Eulerpool, you can compare P/B (Price-to-Book Ratio)'s Tenon Medical with sector peers and the industry average to assess whether it is attractive.

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Valuation — Tenon Medical

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