As of today (2024-04-26), Ferro's share price is $22.01. Ferro's Tangible Book per Share of Dec. 2021 for the quarter that ended in Dec. 2021 was $3.11. Hence, Ferro's Price to Tangible Book Ratio of today is 7.08.
The historical rank and industry rank for Ferro's Price-to-Tangible-Book or its related term are showing as below:
FOE's Price-to-Tangible-Book is not ranked *
in the Chemicals industry.
Industry Median: 1.79 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Ferro's share price is $22.01. Ferro's Book Value per Sharefor the quarter that ended in Dec. 2021 was $6.44. Hence, Ferro's P/B Ratio of today is 3.42.
Ferro Price-to-Tangible-Book Historical Data
The historical data trend for Ferro'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 Ferro's Price-to-Tangible-Book
For the Specialty Chemicals subindustry, Ferro'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.
Ferro's Price-to-Tangible-Book Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ferro's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ferro's Price-to-Tangible-Book falls into.
Ferro Price-to-Tangible-Book Calculation
Ferro'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.
Ferro Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Ferro's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ferro corp produces specialty materials sold to manufacturers in various industries. The company operates in two segments: functional coatings and color solutions. Its product portfolio includes frits, porcelain and other glass enamels, glazes, stains, decorating colors, pigments, inks, polishing materials, dielectrics, electronic glasses, and other specialty coatings. The functional coatings segment contributes the majority of the company's revenue. Ferro's products have applications in various markets such as electronics, appliances, automotive, consumer, sanitary, and packaging. Its geographical segments are Europe, the Middle East, and Africa; the United States; Asia-Pacific; and Latin America. EMEA generates the most revenue, closely followed by the U.S.
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