CDIO (Cardio Diagnostics) Market Value to Book Value Ratio

Cardio Diagnostics Holdings, Inc. (CDIO) - corporate logo

Cardio Diagnostics AI tests for combating ischemia are generating stable B2B demand, as evidenced by the company's valuation history via the P/B ratio, where the metric stands at 0.67. However, challenges with insurance reimbursements and slow technology adoption are hindering the payback period. Meanwhile, expansion into the telemedicine and corporate wellness segments opens broad prospects for growing the customer base.

CDIO - cardiodiagnosticsinc.com Market-to-Book Ratio over the range 04/28/2023 - 10/26/2026
Flagship merchandise of cardiodiagnosticsinc.com

This indicator compares the market value of the business with its net assets to determine the extent of the issuer's overvaluation. The calculation reveals the gap between exchange expectations and the company's actual capital. By analyzing the price-to-book ratio, an investor separates speculative noise from the fundamental base. For Cardio Diagnostics (CDIO), this is critical due to high marketing costs and clinical data expenses. The metric reflects the degree to which the market is willing to overlook insurance payout risks.

Direct competitors

Market Value to Book Value Ratio A|DGX (questdiagnostics.com) - Market-to-Book Ratio|Market Value to Book Value Ratio ILMN|Market Cap to Net Assets Ratio Exact Sciences Corp|PerkinElmer - Market Capitalization to Book Value Ratio|Market-to-Book Ratio Bio-Rad Corp (BIO)|NNNN - Market Capitalization to Book Value Ratio|Capitalization to Book Value Ratio soterahealth.com SHC|QuidelOrtho Corporation - Market Capitalization to Book Value Ratio|OPK: Market Capitalization to Book Value Ratio|Market Value to Book Value Ratio CareDx|Maravai (MRVI) - Capitalization to Book Value Ratio|FLGT (Fulgent Genetics, Inc.) - Market Capitalization to Book Value Ratio|Market Capitalization to Book Value Ratio LAB|Market Value to Book Value Ratio Cytek Biosciences (CTKB)|Market Value to Book Value Ratio OraSure Technologies, Inc. OSUR|XGN: Market Cap to Net Assets Ratio|MDxHealth, Inc. - Market-to-Book Ratio|Market Value to Book Value Ratio LUCD (Lucid Diagnostics Inc.)|PRE - Market Capitalization to Book Value|imdxinc.com - Market Capitalization to Book Value Ratio|TRIB (Trinity Biotech) - Market Capitalization to Book Value|PRPH: Market Value to Book Value Ratio|Market Capitalization to Book Value Ainos Corporation|Market Capitalization to Book Value Ratio CODX (Co-Diagnostics, Inc.)|Market Cap to Net Assets Ratio heartsciences.com (HSCS)|Market Capitalization to Book Value Ratio BMRA (Biomerica)|Virax Biolabs Group Limited - Market Capitalization to Book Value Ratio|Market Value to Book Value Ratio Bluejay (BJDX)|AWH - Market Value to Book Value|Market Capitalization to Book Value Ratio Accelerate Diagnostics|CENTOGENE (CNTG) - Capitalization to Book Value Ratio|ENZ: Market Capitalization to Book Value Ratio|Market Capitalization to Book Value FRES|Genetic Technologies - Market Value to Book Value Ratio|Market-to-Book Ratio 23andMe Inc ME|Market Cap to Net Assets Ratio Psychemedics