Tenon Medical (TNON) Price to Book (2022 - 2026)
Tenon Medical's Price to Book came in at 4.33 for Q1 2026, up 434.6% from 0.81 a year earlier and up 210.3% from the prior quarter.
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Analysis
Tenon Medical (TNON) Price to Book (2022 - 2026) Analysis & Trends
For FY2025, Tenon Medical's Price to Book was 1.39, up 264.9% from FY2024.
- Going back by year, Price to Book was 0.38 in FY2024 (-89.6%), 3.68 in FY2023 (+82.0%) and 2.02 in FY2022.
- The Q1 2026 figure represents the highest quarterly Price to Book since Q1 2023.
- Year-over-year, Price to Book has increased for three consecutive quarters, with growth averaging 103.0% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in Q1 2026 (growth of 434.6%), and the weakest in Q1 2024 (a decline of 90.7%).
- Business Quant data shows TNON's Price to Book at 1.39 (Q4 2025), 2.12 (Q3 2025) and 1.10 (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.25 Bn | 220.40 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 167.33 Bn | 138.41 Bn | 7.27 Bn |
| 3 | Danaher | 148.83 Bn | 132.65 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 142.00 Bn | 121.55 Bn | 1.96 Bn |
| 5 | Medtronic | 110.70 Bn | 76.57 Bn | 6.34 Bn |
| 6 | Stryker | 104.72 Bn | 90.84 Bn | 4.50 Bn |
| 7 | Boston Scientific | 62.66 Bn | 57.67 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.51 Bn | 45.66 Bn | 2.32 Bn |
| 10 | Tenon Medical | 1.33 Mn | -12.16 Mn | 814,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 4.33 |
| Dec 31, 2025 | 1.39 |
| Sep 30, 2025 | 2.12 |
| Jun 30, 2025 | 1.10 |
| Mar 31, 2025 | 0.81 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.45 |
| Jun 30, 2024 | 2.77 |
| Mar 31, 2024 | 0.75 |
| Dec 31, 2023 | 3.68 |
| Sep 30, 2023 | 1.52 |
| Jun 30, 2023 | 3.97 |
| Mar 31, 2023 | 8.05 |
| Dec 31, 2022 | 2.02 |
| Sep 30, 2022 | 1.14 |
| Jun 30, 2022 | 1.26 |
API Access
Tenon Medical Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=TNON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TNON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=TNON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();