Tandem Diabetes Care, Inc.
TNDM

$1.98 B
Marketcap
$30.15
Share price
Country
$0.59
Change (1 day)
$53.69
Year High
$18.45
Year Low
Categories

Tandem Diabetes Care, Inc., a medical device company, designs, develops, and commercializes various products for people with insulin-dependent diabetes in the United States and internationally. The company's flagship product is the t:slim X2 insulin delivery system, a pump platform that comprises t:slim X2 pump, its 300-unit disposable insulin cartridge, and an infusion set. It also provides t:slim X2 insulin with Basal-IQ and control IQ technology; t:slim X2 with G5 Integration; and Tandem Device Updater, a tool that allows users to update their pump's software. In addition, the company offers t:connect, a web-based data management application, which provides a visual way to display diabetes therapy management data from the pump, continuous glucose monitoring, and supported blood glucose meters for users, their caregivers, and their healthcare providers; and Sugarmate, a mobile app for people with diabetes who use insulin. It has development and commercialization agreements with Dexcom, Inc. and Abbott Laboratories. The company was formerly known as Phluid Inc. and changed its name to Tandem Diabetes Care, Inc. in January 2008. Tandem Diabetes Care, Inc. was incorporated in 2006 and is headquartered in San Diego, California.

marketcap

P/B ratio for Tandem Diabetes Care, Inc. (TNDM)

P/B ratio as of 2023: 6.12

According to Tandem Diabetes Care, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 6.12. At the end of 2022 the company had a P/B ratio of 6.55.

P/B ratio history for Tandem Diabetes Care, Inc. from 2011 to 2023

P/B ratio at the end of each year

Year P/B ratio
2023 6.12
2022 6.55
2021 21.89
2020 15.93
2019 17.89
2018 13.92
2017 -0.46
2016 -11.09
2015 5.38
2014 5.42
2013 0.66
2012 -2.28
2011 -3.39