AtriCure, Inc.

ATRC Healthcare Medical Instruments & Supplies

AtriCure, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $534.5 million, up 14.9% from fiscal 2024.

Revenue
+15.0%
EPS
+1,583.9%
Free cash flow
−0.73%
Total debt
−17.3%

Quarter to September 2026, against a year earlier

60.70 4.83 −7.37%
Market cap
$3.1B
P/E
199×
Fwd P/E
573×
Dividend yield
—
F-score
7/9
Altman Z
7.31
Beneish M
−2.91
Dividend safety
n/a

AtriCure, Inc. (ATRC) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, AtriCure, Inc. (ATRC) trades at a P/B ratio of 5.6×. Over the past ten years it has ranged from 2.0× (June 2024) to 9.9× (July 2021); the current reading is higher than 80% of that period. That is above the Medical Instruments & Supplies industry median of 2.3× and above the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 3.8× 23.33%
FY2024 3.1× (11.26%)
FY2023 3.5× (21.86%)
FY2022 4.5× (30.68%)
FY2021 6.5× 13.91%
FY2020 5.7× 15.10%
FY2019 4.9× 18.12%
FY2018 4.2× 12.69%
FY2017 3.7× 3.01%
FY2016 3.6× 6.83%

Quarterly newest first

Period P/B ratio Change
Sep 2026 5.2× 95.44%
Jun 2026 2.6× (5.98%)
Mar 2026 2.8× (26.96%)
Dec 2025 3.8× 8.32%
43 more quarters

Against its own ten years

Low 2.0× High 9.9×
Ten-year median 4.2×
Current reading's percentile 79

P/B ratio against peers

Company P/B ratio
NVST Envista Holdings Corporation compare 1.3×
MMED MiniMed Group, Inc. compare 1.4×
XRAY DENTSPLY SIRONA Inc. compare 1.5×
ICUI ICU Medical, Inc. compare 1.9×
STVN Stevanato Group S.p.A. compare 2.0×
MMSI Merit Medical Systems, Inc. compare 3.1×
ATRC AtriCure, Inc. 5.6×
WRBY Warby Parker Inc. compare 8.1×
PLSE Pulse Biosciences, Inc compare 20.8×
Medical Instruments & Supplies industry median 2.3×
Healthcare sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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