What is the P/B ratio for SANUWAVE Health Inc. (SNWV)?

The P/B ratio for SNWV stock is 16.04.

What is the estimated TTM average P/B ratio for SANUWAVE Health Inc. (SNWV)?

The estimated TTM average P/B ratio for SNWV stock is 51.66.

What is the estimated 3Y average P/B ratio for SANUWAVE Health Inc. (SNWV)?

The estimated 3Y average P/B ratio for SNWV stock is 51.66.

What is the estimated 5Y average P/B ratio for SANUWAVE Health Inc. (SNWV)?

The estimated 5Y average P/B ratio for SNWV stock is 51.66.

What is the estimated 10Y average P/B ratio for SANUWAVE Health Inc. (SNWV)?

The estimated 10Y average P/B ratio for SNWV stock is 51.66.

What is the estimated 15Y average P/B ratio for SANUWAVE Health Inc. (SNWV)?

The estimated 15Y average P/B ratio for SNWV stock is 24.11.

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SANUWAVE Health Inc.(SNWV)

Medical - Devices · Eden Prairie, MN

$5.20+0.50 (+10.64%)

Delayed quote: Oct 6, 2026, 3:50 PM EDT

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PB Ratio: 16.04

Name: SANUWAVE Health Inc. (SNWV) PB Ratio — historical time series
Creator: TGMCharts

Basis: FMP quote market capitalization / book value attributable to common shareholders (matching reported total stockholders equity minus preferred stock). Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/B ratio high or low?

The P/B ratio of 16.04 is 69% below its estimated 1-year average of 51.66, near the low end of its estimated 1-year range (12.34–115.62).

As of 2026-10-06T19:54:00.884Z. 68.95% below its estimated 12-month average of 51.66.

Stored calculation inputs

Calculation as of: 2026-10-06T19:54:00.884Z.

Quote observation: 2026-10-06T19:50:12.000Z. Amounts in USD. The price header may show a later quote.

Quote market capitalization: 44,714,675
Total stockholders equity · period ending 2026-06-30: 2,787,000
Preferred stock · period ending 2026-06-30: 0
Book value attributable to common shareholders · period ending 2026-06-30: 2,787,000

FMP input reference: 3209c7a0460c98668765ea9b2c42888f9662ee68c83efe1e994f42e5327756f4

P/E Ratio|ROE|Debt to Equity|All Metrics

PB Ratio

SNWV PB Ratio Chart

16.04

Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.

SNWV PB Ratio

SNWV Average PB Ratio Chart

SNWV PB Ratio

SNWV Current vs Average PB Ratio Chart

SNWV PB Ratio Metrics

PB RATIO

16.04

PB RATIO AVG TTM

51.66

PB RATIO AVG 3Y

51.66

PB RATIO AVG 5Y

51.66

PB RATIO AVG 10Y

51.66

PB RATIO AVG 15Y

24.11

PB RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-68.95%

CURRENT VS 3Y AVG

-68.95%

CURRENT VS 5Y AVG

-68.95%

CURRENT VS 10Y AVG

-68.95%

CURRENT VS 15Y AVG

-33.48%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · HEALTHCARE

2.39

median of 761 covered companies

CURRENT VS SECTOR MEDIAN

+571.13%

vs the sector median at left

SNWV Competitors' PB Ratio

SNWV

SANUWAVE Health Inc.

Current

Market Cap

$44.71M

PB Ratio

16.04

TTM Avg

51.66

3Y Avg

51.66

5Y Avg

51.66

HOWL

Werewolf Therapeutics, Inc.

vs SNWV

Market Cap

$44.73M

PB Ratio

2.75

TTM Avg

1.61

3Y Avg

1.28

5Y Avg

1.16

DRIO

DarioHealth Corp.

vs SNWV

Market Cap

$44.49M

PB Ratio

0.81

TTM Avg

6.22

3Y Avg

9.47

5Y Avg

16.32

CELU

Celularity Inc.

vs SNWV

Market Cap

$45.43M

PB Ratio

N/A

TTM Avg

3.45

3Y Avg

2.03

5Y Avg

2.35

NNOX

Nano-X Imaging Ltd.

vs SNWV

Market Cap

$43.83M

PB Ratio

0.60

TTM Avg

0.98

3Y Avg

1.76

5Y Avg

2.15

RPID

Rapid Micro Biosystems, Inc.

vs SNWV

Market Cap

$43.06M

PB Ratio

2.43

TTM Avg

3.67

3Y Avg

1.84

5Y Avg

1.40

CVRX

CVRx, Inc.

vs SNWV

Market Cap

$42.72M

PB Ratio

2.14

TTM Avg

4.54

3Y Avg

4.19

5Y Avg

3.32

TIL

Instil Bio, Inc.

vs SNWV

Market Cap

$46.76M

PB Ratio

0.44

TTM Avg

0.54

3Y Avg

0.65

5Y Avg

0.87

BSEM

BioStem Technologies, Inc.

vs SNWV

Market Cap

$42.46M

PB Ratio

1.54

TTM Avg

2.19

3Y Avg

8.02

5Y Avg

8.02

PRPO

Precipio, Inc.

vs SNWV

Market Cap

$41.67M

PB Ratio

2.82

TTM Avg

2.96

3Y Avg

1.62

5Y Avg

1.40

NAME	MARKET CAP	PB RATIO	TTM	3Y	5Y
SANUWAVE Health Inc. (SNWV)	$44.71M	16.04	51.66	51.66	51.66
Werewolf Therapeutics, Inc. (HOWL)vs ›	$44.73M	2.75	1.61	1.28	1.16
DarioHealth Corp. (DRIO)vs ›	$44.49M	0.81	6.22	9.47	16.32
Celularity Inc. (CELU)vs ›	$45.43M	N/A	3.45	2.03	2.35
Nano-X Imaging Ltd. (NNOX)vs ›	$43.83M	0.60	0.98	1.76	2.15
Rapid Micro Biosystems, Inc. (RPID)vs ›	$43.06M	2.43	3.67	1.84	1.40
CVRx, Inc. (CVRX)vs ›	$42.72M	2.14	4.54	4.19	3.32
Instil Bio, Inc. (TIL)vs ›	$46.76M	0.44	0.54	0.65	0.87
BioStem Technologies, Inc. (BSEM)vs ›	$42.46M	1.54	2.19	8.02	8.02
Precipio, Inc. (PRPO)vs ›	$41.67M	2.82	2.96	1.62	1.40

P/B vs. estimated history

At 16.04, P/B is near its estimated 15-year median — higher than 36% of readings in its estimated 15-year history.

estimated 15-year low

5.13

median

20.43

estimated 15-year high

115.62

estimated 15-year lowestimated 15-year high

Book Value Analysis

P/B Ratio

16.04

Market Price / Book Value per Share

PB Ratio Formula & Definition

PB Ratio = Market Cap / (Total Shareholders' Equity − Preferred Stock)

The price-to-book ratio compares market capitalization to book value attributable to common shareholders (total equity minus preferred stock). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PB Ratio FAQ

What is the P/B ratio for SANUWAVE Health Inc. (SNWV)?: The P/B ratio for SNWV stock is 16.04.
Is SANUWAVE Health Inc.'s P/B ratio high or low?: The P/B ratio of 16.04 is 69% below its estimated 1-year average of 51.66, near the low end of its estimated 1-year range (12.34–115.62).
What is the estimated TTM average P/B ratio for SANUWAVE Health Inc. (SNWV)?: The estimated TTM average P/B ratio for SNWV stock is 51.66.
What is the estimated 3Y average P/B ratio for SANUWAVE Health Inc. (SNWV)?: The estimated 3Y average P/B ratio for SNWV stock is 51.66.
What is the estimated 5Y average P/B ratio for SANUWAVE Health Inc. (SNWV)?: The estimated 5Y average P/B ratio for SNWV stock is 51.66.
What is the estimated 10Y average P/B ratio for SANUWAVE Health Inc. (SNWV)?: The estimated 10Y average P/B ratio for SNWV stock is 51.66.
What is the estimated 15Y average P/B ratio for SANUWAVE Health Inc. (SNWV)?: The estimated 15Y average P/B ratio for SNWV stock is 24.11.

SNWV PB Ratio History

DATE	PB RATIO
2026-10-05	14.51
2026-10-02	14.88
2026-10-01	14.26
2026-09-30	14.54
2026-09-29	14.63
2026-09-28	14.35
2026-09-25	15.55
2026-09-24	14.97
2026-09-23	14.54
2026-09-22	14.32
2026-09-21	13.70
2026-09-18	14.04
2026-09-17	12.75
2026-09-16	13.02
2026-09-15	12.68
2026-09-14	13.12
2026-09-11	12.65
2026-09-10	12.34
2026-09-09	12.47
2026-09-08	12.84
2026-09-04	13.52
2026-09-03	13.73
2026-09-02	13.73
2026-09-01	14.20
2026-08-31	14.47
2026-08-28	14.44
2026-08-27	14.38
2026-08-26	15.03
2026-08-25	14.41
2026-08-24	14.57
2026-08-21	14.23
2026-08-20	15.12
2026-08-19	15.80
2026-08-18	15.52
2026-08-17	15.31
2026-08-14	14.63
2026-08-13	14.72
2026-08-12	16.57
2026-08-11	16.97
2026-08-10	17.68
2026-08-07	18.15
2026-08-06	28.04
2026-08-05	27.90
2026-08-04	28.33
2026-08-03	29.49
2026-07-31	28.84
2026-07-30	29.40
2026-07-29	29.82
2026-07-28	29.73
2026-07-27	28.51
2026-07-24	27.72
2026-07-23	27.67
2026-07-22	27.81
2026-07-21	28.37
2026-07-20	29.91
2026-07-17	29.87
2026-07-16	31.08
2026-07-15	33.98
2026-07-14	55.90
2026-07-13	52.63
2026-07-10	54.59
2026-07-09	56.56
2026-07-08	47.21
2026-07-07	50.57
2026-07-06	49.08
2026-07-02	49.69
2026-07-01	49.55
2026-06-30	46.74
2026-06-29	46.04
2026-06-26	40.24
2026-06-25	35.66
2026-06-24	40.06
2026-06-23	38.33
2026-06-22	42.11
2026-06-18	43.05
2026-06-17	42.49
2026-06-16	39.78
2026-06-15	68.57
2026-06-12	69.69
2026-06-11	68.66
2026-06-10	67.21
2026-06-09	67.87
2026-06-08	68.01
2026-06-05	68.99
2026-06-04	71.94
2026-06-03	72.92
2026-06-02	70.53
2026-06-01	74.09
2026-05-29	76.98
2026-05-28	77.87
2026-05-27	76.24
2026-05-26	76.00
2026-05-22	78.01
2026-05-21	79.46
2026-05-20	78.29
2026-05-19	78.01
2026-05-18	78.81
2026-05-15	78.76
2026-05-14	79.79
2026-05-13	88.53
2026-05-12	89.98
2026-05-11	89.76
2026-05-08	87.35
2026-05-07	93.41
2026-05-06	89.31
2026-05-05	87.74
2026-05-04	87.74
2026-05-01	88.24
2026-04-30	91.83
2026-04-29	93.18
2026-04-28	103.28
2026-04-27	103.56
2026-04-24	104.91
2026-04-23	107.21
2026-04-22	109.73
2026-04-21	108.61
2026-04-20	111.86
2026-04-17	115.62
2026-04-16	101.09
2026-04-15	102.49
2026-04-14	98.23
2026-04-13	96.66
2026-04-10	94.47
2026-04-09	101.88
2026-04-08	98.74
2026-04-07	92.84
2026-04-06	95.99
2026-04-02	94.81
2026-04-01	94.53
2026-03-31	97.00
2026-03-30	97.56
2026-03-27	104.40
2014-11-12	7.40
2014-11-11	7.40
2014-11-10	7.63
2014-11-07	7.63
2014-11-06	8.55
2014-11-05	8.69
2014-11-04	7.16
2014-11-03	6.93
2014-10-31	6.70
2014-10-30	6.01
2014-10-29	6.01
2014-10-28	5.27
2014-10-27	5.13
2014-10-24	5.55
2014-10-23	5.64
2014-10-22	5.78
2014-10-21	6.05
2014-10-20	6.79
2014-10-17	7.40
2014-10-16	7.06
2014-10-15	7.87
2014-10-14	8.26
2014-10-13	8.78
2014-10-10	8.54
2014-10-09	7.86
2014-10-08	9.59
2014-10-07	8.78
2014-10-06	8.37
2014-10-03	9.24
2014-10-02	8.00
2014-10-01	9.24
2014-09-30	9.71
2014-09-29	9.24
2014-09-26	9.45
2014-09-25	10.17
2014-09-24	11.56
2014-09-23	11.56
2014-09-22	10.63
2014-09-19	10.63
2014-09-18	9.73
2014-09-17	9.72
2014-09-16	10.17
2014-09-15	10.18
2014-09-12	11.56
2014-09-11	12.48
2014-09-10	13.41
2014-09-09	17.54
2014-09-08	18.03
2014-09-05	18.03
2014-09-04	17.10
2014-09-03	17.57
2014-09-02	17.57
2014-08-29	18.95
2014-08-28	18.72
2014-08-27	19.18
2014-08-26	18.95
2014-08-25	19.88
2014-08-22	18.49
2014-08-21	18.49
2014-08-20	19.88
2014-08-19	20.15
2014-08-18	19.40
2014-08-15	19.41
2014-08-14	19.41
2014-08-13	18.49
2014-08-12	17.57
2014-08-11	17.57
2014-08-08	17.10
2014-08-07	17.10
2014-08-06	9.26
2014-08-05	8.80
2014-08-04	8.80
2014-08-01	9.26
2014-07-31	9.68
2014-07-30	9.50
2014-07-29	8.80
2014-07-28	9.50
2014-07-25	9.26
2014-07-24	9.26
2014-07-23	9.03
2014-07-22	9.26
2014-07-21	9.50
2014-07-18	9.26
2014-07-17	9.50
2014-07-16	9.73
2014-07-15	9.96
2014-07-14	9.96
2014-07-11	10.42
2014-07-10	10.19
2014-07-09	10.19
2014-07-08	10.19
2014-07-07	10.65
2014-07-03	11.58
2014-07-02	11.58
2014-07-01	11.58
2014-06-30	12.28
2014-06-27	11.35
2014-06-26	11.12
2014-06-25	11.12
2014-06-24	11.35
2014-06-23	11.58
2014-06-20	10.89
2014-06-19	10.89
2014-06-18	11.12
2014-06-17	11.46
2014-06-16	11.58
2014-06-13	11.58
2014-06-12	11.58
2014-06-11	11.58
2014-06-10	10.89
2014-06-09	11.46
2014-06-06	11.58
2014-06-05	11.58
2014-06-04	11.58
2014-06-03	11.58
2014-06-02	10.54
2014-05-30	11.35
2014-05-29	10.65
2014-05-28	10.65
2014-05-27	10.42
2014-05-23	10.65
2014-05-22	10.65
2014-05-21	10.70
2014-05-20	11.58
2014-05-19	11.58
2014-05-16	11.58
2014-05-15	11.58
2014-05-14	11.58

Showing the most recent 260 of 409 data points. The chart above shows the full history.

PB Ratio: 16.04

SNWV PB Ratio Chart

SNWV Average PB Ratio Chart

SNWV Current vs Average PB Ratio Chart

SNWV PB Ratio Metrics

SNWV Competitors' PB Ratio

P/B vs. estimated history

Book Value Analysis

PB Ratio Formula & Definition

PB Ratio FAQ

SNWV PB Ratio History

Related Metrics