As of today (2024-04-26), Coherent's share price is $266.22. Coherent's Tangible Book per Share of Mar. 2022 for the quarter that ended in Mar. 2022 was $33.07. Hence, Coherent's Price to Tangible Book Ratio of today is 8.05.
The historical rank and industry rank for Coherent's Price-to-Tangible-Book or its related term are showing as below:
COHR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82 Med: 1.95 Max: 12.35
Current: 8.05
During the past 13 years, Coherent's highest Price to Tangible Book Ratio was 12.35. The lowest was 0.82. And the median was 1.95.
COHR's Price-to-Tangible-Book is not ranked
in the Hardware industry.
Industry Median: 2.03
vs COHR: 8.05
A closely related ratio is called PB Ratio. As of today, Coherent's share price is $266.22. Coherent's Book Value per Sharefor the quarter that ended in Mar. 2022 was $37.70. Hence, Coherent's P/B Ratio of today is 7.06.
Coherent Price-to-Tangible-Book Historical Data
The historical data trend for Coherent'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 Coherent's Price-to-Tangible-Book
For the Scientific & Technical Instruments subindustry, Coherent'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.
Coherent's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Coherent's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Coherent's Price-to-Tangible-Book falls into.
Coherent Price-to-Tangible-Book Calculation
Coherent'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.
Coherent Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Coherent's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Coherent Inc supplies photonics-based solutions for commercial and scientific research applications. The firm operates in two segments: OEM Laser Sources and Industrial Lasers & Systems. The OEM Laser Sources segment develops and manufactures products for the microelectronics, scientific research, government, and original equipment manufacturer markets. This business contributes the majority of revenue. The Industrial Lasers & Systems segment makes products for the materials processing, OEM components and instrumentation, and microelectronics markets, with a focus on higher-volume products that are sold in set configurations. The majority of Coherent's revenue is generated outside of the United States.
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