Tenon Medical Inc
Tenon Medical, Inc., a medical device company, engages in the development of implant for the treatment of severe lower back pain in the United States. The company offers Catamaran SI-Joint Fusion System, an invasive approach to the sacroiliac joint (SI Joint) using a titanium implant for treatment of the most common types of SI Joint disorders that cause lower back pain. It also provides Catamara… Read more
Market Cap & Net Worth: Tenon Medical Inc (TNON)
Tenon Medical Inc (NASDAQ:TNON) has a market capitalization of $6.80 Million ($6.80 Million) as of March 19, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #30319 globally and #9997 in its home market, demonstrating a 0.30% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Tenon Medical Inc's stock price $0.79 by its total outstanding shares 8602992 (8.60 Million).
Tenon Medical Inc Market Cap History: 2022 to 2026
Tenon Medical Inc's market capitalization history from 2022 to 2026. Data shows change from $1.09 Billion to $6.80 Million (-86.29% CAGR).
Index Memberships
Tenon Medical Inc is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Health Care
IXHC
|
$2.24 Trillion | 0.00% | #788 of 976 |
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.00% | #2497 of 3165 |
Weight: Tenon Medical Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Tenon Medical Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Tenon Medical Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
4.94x
Tenon Medical Inc's market cap is 4.94 times its annual revenue
0.67x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2022 | $1.09 Billion | $691.00K | -$18.92 Million | 1573.69x | N/A |
| 2023 | $108.74 Million | $2.93 Million | -$15.58 Million | 37.14x | N/A |
| 2024 | $16.17 Million | $3.28 Million | -$13.67 Million | 4.94x | N/A |
Competitor Companies of TNON by Market Capitalization
Companies near Tenon Medical Inc in the global market cap rankings as of March 19, 2026.
Key companies related to Tenon Medical Inc by market ranking:
- Abbott Laboratories (NYSE:ABT): Ranked #78 globally with a market cap of $191.37 Billion USD.
- Stryker Corporation (NYSE:SYK): Ranked #154 globally with a market cap of $121.03 Billion USD.
- Medtronic PLC (NYSE:MDT): Ranked #168 globally with a market cap of $113.17 Billion USD.
- Boston Scientific Corp (NYSE:BSX): Ranked #185 globally with a market cap of $105.26 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #78 | Abbott Laboratories | NYSE:ABT | $191.37 Billion | $110.71 |
| #154 | Stryker Corporation | NYSE:SYK | $121.03 Billion | $349.11 |
| #168 | Medtronic PLC | NYSE:MDT | $113.17 Billion | $88.44 |
| #185 | Boston Scientific Corp | NYSE:BSX | $105.26 Billion | $71.20 |
Tenon Medical Inc Historical Marketcap From 2022 to 2026
Between 2022 and today, Tenon Medical Inc's market cap moved from $1.09 Billion to $ 6.80 Million, with a yearly change of -86.29%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $6.80 Million | -16.98% |
| 2025 | $8.19 Million | -49.39% |
| 2024 | $16.17 Million | -85.13% |
| 2023 | $108.74 Million | -90.00% |
| 2022 | $1.09 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Tenon Medical Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.80 Million USD |
| MoneyControl | $6.80 Million USD |
| MarketWatch | $6.80 Million USD |
| marketcap.company | $6.80 Million USD |
| Reuters | $6.80 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.