As of today (2024-04-23), FMC's share price is $58.65. FMC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.84. Hence, FMC's Price to Tangible Book Ratio of today is 31.96.
The historical rank and industry rank for FMC's Price-to-Tangible-Book or its related term are showing as below:
FMC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.33 Med: 15.12 Max: 34.36
Current: 31.88
During the past 13 years, FMC's highest Price to Tangible Book Ratio was 34.36. The lowest was 7.33. And the median was 15.12.
FMC's Price-to-Tangible-Book is ranked worse than 97.88% of 236
companies
in the Agriculture industry
Industry Median: 1.685
vs FMC: 31.88
A closely related ratio is called PB Ratio. As of today, FMC's share price is $58.65. FMC's Book Value per Sharefor the quarter that ended in Dec. 2023 was $35.36. Hence, FMC's P/B Ratio of today is 1.66.
FMC Price-to-Tangible-Book Historical Data
The historical data trend for FMC'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.
For the Agricultural Inputs subindustry, FMC'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.
FMC Price-to-Tangible-Book Distribution
For the Agriculture industry and Basic Materials sector, FMC's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where FMC's Price-to-Tangible-Book falls into.
FMC Price-to-Tangible-Book Calculation
FMC'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.
FMC Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of FMC's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
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