As of today (2024-04-27), Cognex's share price is $40.61. Cognex's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.82. Hence, Cognex's Price to Tangible Book Ratio of today is 6.98.
The historical rank and industry rank for Cognex's Price-to-Tangible-Book or its related term are showing as below:
CGNX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.88 Med: 7.02 Max: 14.08
Current: 6.98
During the past 13 years, Cognex's highest Price to Tangible Book Ratio was 14.08. The lowest was 3.88. And the median was 7.02.
CGNX's Price-to-Tangible-Book is ranked worse than 90.85% of 2305
companies
in the Hardware industry
Industry Median: 2.03
vs CGNX: 6.98
A closely related ratio is called PB Ratio. As of today, Cognex's share price is $40.61. Cognex's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.77. Hence, Cognex's P/B Ratio of today is 4.63.
Cognex Price-to-Tangible-Book Historical Data
The historical data trend for Cognex's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Cognex's Price-to-Tangible-Book
For the Scientific & Technical Instruments subindustry, Cognex's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cognex's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Cognex's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Cognex's Price-to-Tangible-Book falls into.
Cognex Price-to-Tangible-Book Calculation
Cognex's price-to-tangible-book ratio for today is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Cognex Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Cognex's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's own cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. ID products read codes that have been applied to items during the manufacturing process. Cognex generates the largest proportion of its sales in the United States and Europe.
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