iRhythm price to book ratio IRTC

Market value divided by the book value of the company's net assets, since 2017.

Today, Oct 23, 2026: 21.5×
10-year median: 19.5×
Against its 10-year history: 54th; percentile: 0 is its lowest day, 100 its highest
10-year range: 4.3× to 62.5×
Peer median: 5.0×

iRhythm's price to book ratio is 21.5× as of Oct 23, 2026.

That is above its ten-year median of 19.5×, close to the middle of its last ten years.

Over that time it ranged from 4.3× in Aug 2021 to 62.5× in Nov 2020.

The median for 10 medical instruments and supplies stocks of a similar size is 5.0×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	21.5×	18.9×	47.4×
2025	46.7×	34.7×	57.0×
2024	38.7×	14.7×	39.4×
2023	14.9×	10.1×	17.6×
2022	11.8×	10.1×	19.5×
2021	11.7×	4.3×	21.8×
2020	20.5×	12.7×	62.5×
2019	12.3×	12.3×	41.5×
2018	26.0×	15.7×	33.9×
2017	15.1×	8.0×	15.5×

Against its peers

Companies in Medical - Instruments & Supplies nearest iRhythm's size, closest first, today.

Company	Price to book ratio
IRTCiRhythm	21.5×
ICUIICU Medical	1.9×
NVSTEnvista	1.2×
BMIBadger Meter	6.4×
VNTVontier	3.9×
WRBYWarby Parker	8.2×
ATRCAtriCure	5.8×
HAEHaemonetics	6.4×
MMSIMerit Medical Systems	3.3×
UFPTUFP Technologies	5.0×
MSAMSA Safety	5.0×
Peer median	5.0×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on iRhythm

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.