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ITM Power (FRA:IJ8) Price-to-Tangible-Book : 1.18 (As of Apr. 27, 2024)


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What is ITM Power Price-to-Tangible-Book?

As of today (2024-04-27), ITM Power's share price is €0.5835. ITM Power's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was €0.50. Hence, ITM Power's Price to Tangible Book Ratio of today is 1.18.

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

FRA:IJ8' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.19   Med: 4.46   Max: 29.62
Current: 1.19

During the past 13 years, ITM Power's highest Price to Tangible Book Ratio was 29.62. The lowest was 1.19. And the median was 4.46.

FRA:IJ8's Price-to-Tangible-Book is ranked better than
75.27% of 2823 companies
in the Industrial Products industry
Industry Median: 2.09 vs FRA:IJ8: 1.19

A closely related ratio is called PB Ratio. As of today, ITM Power's share price is €0.5835. ITM Power's Book Value per Sharefor the quarter that ended in Oct. 2023 was €0.52. Hence, ITM Power's P/B Ratio of today is 1.12.


ITM Power Price-to-Tangible-Book Historical Data

The historical data trend for ITM Power'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.

ITM Power Price-to-Tangible-Book Chart

ITM Power Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 13.93 14.84 5.13 1.71

ITM Power Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.05 5.13 1.57 1.71 1.46

Competitive Comparison of ITM Power's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, ITM Power'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.


ITM Power's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITM Power's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ITM Power's Price-to-Tangible-Book falls into.



ITM Power Price-to-Tangible-Book Calculation

ITM Power's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=0.5835/0.496
=1.18

* 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.


ITM Power Price-to-Tangible-Book Related Terms

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


ITM Power (FRA:IJ8) Business Description

Traded in Other Exchanges
Address
2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.

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