Price to Book Value (P/BV)
since 2005
Calculation
Align Technology Inc., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Stockholders’ equity1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2023 | 6.48 | = | 304.64 | ÷ | 47.01 | 47.01 | = | 3,601,358 | ÷ | 76,610,319 | |
| Feb 25, 2022 | 11.15 | = | 512.56 | ÷ | 45.98 | 45.98 | = | 3,622,714 | ÷ | 78,795,494 | |
| Feb 26, 2021 | 13.88 | = | 567.11 | ÷ | 40.87 | 40.87 | = | 3,233,865 | ÷ | 79,132,723 | |
| Feb 28, 2020 | 12.77 | = | 218.35 | ÷ | 17.09 | 17.09 | = | 1,346,169 | ÷ | 78,753,161 | |
| Feb 28, 2019 | 16.53 | = | 258.97 | ÷ | 15.66 | 15.66 | = | 1,252,891 | ÷ | 79,989,347 | |
| Feb 28, 2018 | 18.29 | = | 262.52 | ÷ | 14.36 | 14.36 | = | 1,150,370 | ÷ | 80,135,229 | |
| Feb 28, 2017 | 8.29 | = | 102.76 | ÷ | 12.40 | 12.40 | = | 995,389 | ÷ | 80,276,127 | |
| Feb 25, 2016 | 6.05 | = | 64.46 | ÷ | 10.65 | 10.65 | = | 847,926 | ÷ | 79,625,640 | |
| Feb 26, 2015 | 6.05 | = | 56.43 | ÷ | 9.33 | 9.33 | = | 752,771 | ÷ | 80,720,243 | |
| Feb 28, 2014 | 6.73 | = | 52.33 | ÷ | 7.78 | 7.78 | = | 633,970 | ÷ | 81,480,919 | |
| Mar 1, 2013 | 4.38 | = | 31.13 | ÷ | 7.11 | 7.11 | = | 581,317 | ÷ | 81,758,299 | |
| Feb 29, 2012 | 4.14 | = | 25.61 | ÷ | 6.18 | 6.18 | = | 490,781 | ÷ | 79,368,864 | |
| Feb 24, 2011 | 3.98 | = | 19.54 | ÷ | 4.91 | 4.91 | = | 377,747 | ÷ | 76,878,090 | |
| Feb 26, 2010 | 4.99 | = | 18.10 | ÷ | 3.63 | 3.63 | = | 273,036 | ÷ | 75,277,984 | |
| Feb 27, 2009 | 2.07 | = | 6.85 | ÷ | 3.31 | 3.31 | = | 218,540 | ÷ | 66,055,143 | |
| Feb 26, 2008 | 5.59 | = | 13.02 | ÷ | 2.33 | 2.33 | = | 161,154 | ÷ | 69,155,844 | |
| Mar 12, 2007 | 13.23 | = | 16.79 | ÷ | 1.27 | 1.27 | = | 83,556 | ÷ | 65,837,621 | |
| Mar 1, 2006 | 5.67 | = | 8.46 | ÷ | 1.49 | 1.49 | = | 93,438 | ÷ | 62,675,855 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Align Technology Inc. Annual Report.
Comparison to Competitors
Align Technology Inc., P/BV, long-term trends, comparison to competitors
| Align Technology Inc. | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | Medtronic PLC | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Feb 27, 2023 | 6.48 | 5.06 | 1.95 | 1.61 | 1,553,040.70 | 4.13 | 7.78 | 2.24 | 5.81 |
| Feb 25, 2022 | 11.15 | 5.75 | 1.53 | 1.83 | 3.07 | 3.34 | 8.59 | 3.26 | 6.27 |
| Feb 26, 2021 | 13.88 | 6.65 | 1.46 | 1.33 | 2.19 | 3.55 | 9.53 | 2.48 | 4.83 |
| Feb 28, 2020 | 12.77 | 4.96 | 1.49 | 1.47 | 2.42 | 4.07 | 8.13 | 2.66 | 4.92 |
| Feb 28, 2019 | 16.53 | 4.38 | 1.62 | 1.29 | 2.82 | 4.10 | 8.96 | 2.31 | 4.89 |
| Feb 28, 2018 | 18.29 | 3.40 | 3.47 | 1.88 | 2.24 | 3.76 | 9.91 | 2.40 | 4.59 |
| Feb 28, 2017 | 8.29 | 3.76 | 2.76 | 2.15 | 1.72 | 2.86 | 4.73 | 2.25 | 3.98 |
| Feb 25, 2016 | 6.05 | 2.68 | 2.98 | 2.67 | 1.44 | 2.40 | 4.67 | 2.04 | 3.12 |
| Feb 26, 2015 | 6.05 | 3.32 | 2.92 | 3.01 | 1.62 | 2.41 | 5.55 | 3.27 | 3.20 |
| Feb 28, 2014 | 6.73 | 2.38 | 2.01 | 2.14 | 1.00 | 1.69 | 4.37 | 2.78 | 2.16 |
| Mar 1, 2013 | 4.38 | 2.06 | 1.71 | 1.67 | 0.79 | 1.26 | 6.43 | 2.23 | 1.88 |
| Feb 29, 2012 | 4.14 | 3.61 | 1.54 | 1.52 | 0.95 | 1.81 | 7.31 | 2.59 | 1.96 |
| Feb 24, 2011 | 3.98 | 3.24 | 1.71 | 1.20 | 1.06 | 1.50 | 6.34 | 2.68 | 1.80 |
| Feb 26, 2010 | 4.99 | 3.69 | 1.72 | 1.31 | 1.06 | 1.34 | 8.22 | 2.89 | 1.60 |
| Feb 27, 2009 | 2.07 | 4.78 | 1.24 | 1.08 | 0.96 | 1.54 | 3.55 | 5.03 | 1.67 |
| Feb 26, 2008 | 5.59 | 4.83 | 2.63 | 1.85 | 1.75 | 2.91 | 12.99 | 5.31 | 2.98 |
| Mar 12, 2007 | 13.23 | 5.88 | 3.21 | 2.63 | 2.02 | 3.32 | 7.10 | 5.78 | 3.51 |
| Mar 1, 2006 | 5.67 | 4.69 | 2.80 | 3.00 | 2.04 | 3.36 | 7.80 | 6.06 | 4.50 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Health Care Equipment & Services)
Align Technology Inc., P/BV, long-term trends, comparison to sector (health care equipment & services)
| Align Technology Inc. | Health Care Equipment & Services | |
|---|---|---|
| Feb 27, 2023 | 6.48 | 163,178.68 |
| Feb 25, 2022 | 11.15 | 3.77 |
| Feb 26, 2021 | 13.88 | 3.20 |
| Feb 28, 2020 | 12.77 | 3.08 |
| Feb 28, 2019 | 16.53 | 2.98 |
| Feb 28, 2018 | 18.29 | 3.19 |
| Feb 28, 2017 | 8.29 | 2.79 |
| Feb 25, 2016 | 6.05 | 2.48 |
| Feb 26, 2015 | 6.05 | 2.92 |
| Feb 28, 2014 | 6.73 | 2.10 |
| Mar 1, 2013 | 4.38 | 1.79 |
| Feb 29, 2012 | 4.14 | 2.09 |
| Feb 24, 2011 | 3.98 | 1.88 |
| Feb 26, 2010 | 4.99 | 1.98 |
| Feb 27, 2009 | 2.07 | 2.17 |
| Feb 26, 2008 | 5.59 | 3.00 |
| Mar 12, 2007 | 13.23 | 3.62 |
| Mar 1, 2006 | 5.67 | 3.72 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Health Care)
Align Technology Inc., P/BV, long-term trends, comparison to industry (health care)
| Align Technology Inc. | Health Care | |
|---|---|---|
| Feb 27, 2023 | 6.48 | 73,750.46 |
| Feb 25, 2022 | 11.15 | 4.79 |
| Feb 26, 2021 | 13.88 | 4.58 |
| Feb 28, 2020 | 12.77 | 4.40 |
| Feb 28, 2019 | 16.53 | 4.42 |
| Feb 28, 2018 | 18.29 | 4.25 |
| Feb 28, 2017 | 8.29 | 3.83 |
| Feb 25, 2016 | 6.05 | 3.47 |
| Feb 26, 2015 | 6.05 | 3.90 |
| Feb 28, 2014 | 6.73 | 3.30 |
| Mar 1, 2013 | 4.38 | 2.70 |
| Feb 29, 2012 | 4.14 | 2.38 |
| Feb 24, 2011 | 3.98 | 2.11 |
| Feb 26, 2010 | 4.99 | 2.23 |
| Feb 27, 2009 | 2.07 | 2.42 |
| Feb 26, 2008 | 5.59 | 3.26 |
| Mar 12, 2007 | 13.23 | 3.75 |
| Mar 1, 2006 | 5.67 | 3.89 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).