Tenon Medical Inc Market Cap ($5.51 Million)

$5.51 Million USD  · Rank #28318

Market Cap & Net Worth: Tenon Medical Inc (TNON)

Tenon Medical Inc market cap. Tenon Medical Inc (NASDAQ:TNON) has a market capitalization of $5.51 Million ($5.51 Million) as of November 3, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #28318 globally and #5831 in its home market, demonstrating a -8.48% 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 $2.05 by its total outstanding shares 2688735 (2.69 Million). Also see TNON operating cash flow for how efficiently the company converts equity into cash flow.

Tenon Medical Inc Market Cap History (2022–2026)

Tenon Medical Inc market cap history from 2022 to 2026. Data shows change from $339.86 Million to $5.51 Million (-77.73% CAGR). Check current stock price of Tenon Medical Inc for real-time trading data and today's change.

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
$2.62 Trillion 0.00% #810 of 976
NASDAQ Composite
IXIC
$40.09 Trillion 0.00% #2599 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. Explore Tenon Medical Inc (TNON) equity growth momentum to track how rapidly the company is growing its equity base year over year.

Latest Price to Sales (P/S) Ratio

0.65x

Tenon Medical Inc's market cap is 0.65 times its annual revenue

Industry average: 1.49x Lower than industry average

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 $339.86 Million $691.00K -$18.92 Million 491.83x N/A
2023 $33.99 Million $2.93 Million -$15.58 Million 11.61x N/A
2024 $5.05 Million $3.28 Million -$13.67 Million 1.54x N/A
2025 $2.56 Million $3.94 Million -$12.56 Million 0.65x N/A

Competitor Companies of TNON by Market Capitalization

Companies near Tenon Medical Inc in the global market cap rankings as of November 3, 2026. Also see balance sheet size of Tenon Medical Inc for a full breakdown of the balance sheet.

Key companies related to Tenon Medical Inc by market ranking:

  • Abbott Laboratories (NYSE:ABT): Ranked #114 globally with a market cap of $184.67 Billion USD.
  • Stryker Corporation (NYSE:SYK): Ranked #215 globally with a market cap of $111.95 Billion USD.
  • Medtronic PLC (NYSE:MDT): Ranked #225 globally with a market cap of $109.30 Billion USD.
  • Medtronic plc (SA:MDTC34): Ranked #241 globally with a market cap of $104.84 Billion USD ( R$534.32 Billion BRL).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#114 Abbott Laboratories NYSE:ABT $184.67 Billion $106.20
#215 Stryker Corporation NYSE:SYK $111.95 Billion $291.86
#225 Medtronic PLC NYSE:MDT $109.30 Billion $96.54
#241 Medtronic plc SA:MDTC34 $104.84 Billion R$208.39

Market Capitalization of Tenon Medical Inc (2022–2026)

Market capitalization of Tenon Medical Inc from 2022 to today. Between 2022 and today, Tenon Medical Inc's market cap moved from $339.86 Million to $ 5.51 Million, with a yearly change of -77.73%.

Year Market Cap Change (%)
2026 $5.51 Million +115.45%
2025 $2.56 Million -49.39%
2024 $5.05 Million -85.13%
2023 $33.99 Million -90.00%
2022 $339.86 Million --

End of Day Market Cap According to Different Sources

On Nov 2nd, 2026 the market cap of Tenon Medical Inc was reported to be:

Source Market Cap
Yahoo Finance $5.51 Million USD
MoneyControl $5.51 Million USD
MarketWatch $5.51 Million USD
marketcap.company $5.51 Million USD
Reuters $5.51 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

NASDAQ:TNON USA Medical Devices
Market Cap
$5.51 Million
Market Cap Rank
#28318 Global
#5831 in USA
Share Price
$2.05
Change (1 day)
-10.48%
52-Week Range
$0.13 - $11.41
All Time High
$3984.00
About

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