CNH Industrial NV (CNH Industrial NV) Price-to-Tangible-Book : 4.59 (As of Apr. 28, 2024)

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What is CNH Industrial NV Price-to-Tangible-Book?

As of today (2024-04-28), CNH Industrial NV's share price is $11.41. CNH Industrial NV's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.49. Hence, CNH Industrial NV's Price to Tangible Book Ratio of today is 4.59.

The historical rank and industry rank for CNH Industrial NV's Price-to-Tangible-Book or its related term are showing as below:

CNHI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.58 Med: 6.42 Max: 16.54
Current: 4.58

During the past 13 years, CNH Industrial NV's highest Price to Tangible Book Ratio was 16.54. The lowest was 4.58. And the median was 6.42.

CNHI's Price-to-Tangible-Book is ranked worse than
82.99% of 194 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.825 vs CNHI: 4.58

A closely related ratio is called PB Ratio. As of today, CNH Industrial NV's share price is $11.41. CNH Industrial NV's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.29. Hence, CNH Industrial NV's P/B Ratio of today is 1.82.

CNH Industrial NV Price-to-Tangible-Book Historical Data

The historical data trend for CNH Industrial NV'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.

* Premium members only.

CNH Industrial NV Price-to-Tangible-Book Chart

CNH Industrial NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.71

6.83

9.70

8.72

4.90

CNH Industrial NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															8.72	7.83	6.91	4.94	4.90

Competitive Comparison of CNH Industrial NV's Price-to-Tangible-Book

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV'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.

CNH Industrial NV's Price-to-Tangible-Book Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CNH Industrial NV's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CNH Industrial NV's Price-to-Tangible-Book falls into.

CNH Industrial NV Price-to-Tangible-Book Calculation

CNH Industrial NV's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.41	/	2.485
	=	4.59

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

CNH Industrial NV Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of CNH Industrial NV's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

CNH Industrial NV (CNH Industrial NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CNH Industrial NV (NYSE:CNHI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

1CNHI:Italy 1CNHIm:UK 0QGU:UK 37C:Germany 37C:Germany CNHI:Austria

Address

25 St. James's Street, London, GBR, SW1A 1HA

Website

https://www.cnhindustrial.com

CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations globally. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.