Tenon Medical Inc (NASDAQ:TNON) — Market Cap & Net Worth
Market Cap & Net Worth: Tenon Medical Inc (TNON)
Tenon Medical Inc (NASDAQ:TNON) has a market capitalization of $6.97 Million ($6.97 Million) as of June 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #27880 globally and #5675 in its home market, demonstrating a -2.38% decrease 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 $0.60 by its total outstanding shares 11573428 (11.57 Million). Review TNON total debt and obligations to assess the company's total debt and financial obligations.
Tenon Medical Inc Market Cap History: 2022 to 2026
Tenon Medical Inc's market capitalization history from 2022 to 2026. Data shows change from $1.46 Billion to $6.97 Million (-85.51% 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
|
$2.42 Trillion | 0.00% | #809 of 976 |
|
NASDAQ Composite
IXIC
|
$40.74 Trillion | 0.00% | #2605 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
2.79x
Tenon Medical Inc's market cap is 2.79 times its annual revenue
Latest 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 | $1.46 Billion | $691.00K | -$18.92 Million | 2117.05x | N/A |
| 2023 | $146.29 Million | $2.93 Million | -$15.58 Million | 49.96x | N/A |
| 2024 | $21.76 Million | $3.28 Million | -$13.67 Million | 6.64x | N/A |
| 2025 | $11.01 Million | $3.94 Million | -$12.56 Million | 2.79x | N/A |
Competitor Companies of TNON by Market Capitalization
Companies near Tenon Medical Inc in the global market cap rankings as of June 18, 2026.
Key companies related to Tenon Medical Inc by market ranking:
- Abbott Laboratories (NYSE:ABT): Ranked #149 globally with a market cap of $153.89 Billion USD.
- Stryker Corporation (NYSE:SYK): Ranked #212 globally with a market cap of $115.24 Billion USD.
- Medtronic plc (SA:MDTC34): Ranked #236 globally with a market cap of $104.84 Billion USD ( R$534.32 Billion BRL).
- Medtronic PLC (NYSE:MDT): Ranked #252 globally with a market cap of $100.32 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #149 | Abbott Laboratories | NYSE:ABT | $153.89 Billion | $88.50 |
| #212 | Stryker Corporation | NYSE:SYK | $115.24 Billion | $301.14 |
| #236 | Medtronic plc | SA:MDTC34 | $104.84 Billion | R$208.39 |
| #252 | Medtronic PLC | NYSE:MDT | $100.32 Billion | $78.14 |
Tenon Medical Inc Historical Marketcap From 2022 to 2026
Between 2022 and today, Tenon Medical Inc's market cap moved from $1.46 Billion to $ 6.97 Million, with a yearly change of -85.51%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $6.97 Million | -36.72% |
| 2025 | $11.01 Million | -49.39% |
| 2024 | $21.76 Million | -85.13% |
| 2023 | $146.29 Million | -90.00% |
| 2022 | $1.46 Billion | -- |
End of Day Market Cap According to Different Sources
On Jun 18th, 2026 the market cap of Tenon Medical Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.97 Million USD |
| MoneyControl | $6.97 Million USD |
| MarketWatch | $6.97 Million USD |
| marketcap.company | $6.97 Million USD |
| Reuters | $6.97 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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 inferior-posterior 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 als… Read more