As of today (2024-04-19), Equinix's share price is $740.00. Equinix's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $53.42. Hence, Equinix's Price to Tangible Book Ratio of today is 13.85.
The historical rank and industry rank for Equinix's Price-to-Tangible-Book or its related term are showing as below:
EQIX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 11.42 Med: 21.36 Max: 675.44
Current: 13.85
During the past 13 years, Equinix's highest Price to Tangible Book Ratio was 675.44. The lowest was 11.42. And the median was 21.36.
EQIX's Price-to-Tangible-Book is ranked worse than 99.29% of 843
companies
in the REITs industry
Industry Median: 0.83
vs EQIX: 13.85
A closely related ratio is called PB Ratio. As of today, Equinix's share price is $740.00. Equinix's Book Value per Sharefor the quarter that ended in Dec. 2023 was $132.19. Hence, Equinix's P/B Ratio of today is 5.60.
Equinix Price-to-Tangible-Book Historical Data
The historical data trend for Equinix'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.
Equinix Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
25.45
21.29
21.43
15.34
15.08
Equinix 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
15.34
15.13
16.36
14.93
15.08
Competitive Comparison
For the REIT - Specialty subindustry, Equinix'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.
Equinix Price-to-Tangible-Book Distribution
For the REITs industry and Real Estate sector, Equinix's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Equinix's Price-to-Tangible-Book falls into.
Equinix Price-to-Tangible-Book Calculation
Equinix'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.
Equinix Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Equinix's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.
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