Butterfly Network, Inc., a digital health company, develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smartphone, tablet, and hospital computer system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software that integrates into a healthcare system's clinical and administrative infrastructure. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions, to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as clinical support and services. Butterfly Network, Inc. was incorporated in 2011 and is headquartered in Guilford, Connecticut.
P/B ratio for Butterfly Network, Inc. (BFLY)
P/B ratio as of 2023: 1.01
According to Butterfly Network, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.01. At the end of 2022 the company had a P/B ratio of 1.51.
P/B ratio history for Butterfly Network, Inc. from 2018 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.01 |
| 2022 | 1.51 |
| 2021 | 2.60 |
| 2020 | -0.33 |
| 2019 | 0.39 |
| 2018 | 0.22 |