As of today (2024-04-28), Ideal Power's share price is $7.63. Ideal Power's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.25. Hence, Ideal Power's Price to Tangible Book Ratio of today is 6.12.
The historical rank and industry rank for Ideal Power's Price-to-Tangible-Book or its related term are showing as below:
IPWR'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.09 Med: 4.51 Max: 11.81
Current: 6.1
During the past 13 years, Ideal Power's highest Price to Tangible Book Ratio was 11.81. The lowest was 1.09. And the median was 4.51.
IPWR's Price-to-Tangible-Book is ranked worse than 85.48% of 2823
companies
in the Industrial Products industry
Industry Median: 2.09
vs IPWR: 6.10
Ideal Power Price-to-Tangible-Book Historical Data
The historical data trend for Ideal 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.
Competitive Comparison of Ideal Power's Price-to-Tangible-Book
For the Electrical Equipment & Parts subindustry, Ideal 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.
Ideal Power's Price-to-Tangible-Book Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ideal Power's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ideal Power's Price-to-Tangible-Book falls into.
Ideal Power Price-to-Tangible-Book Calculation
Ideal Power'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.
Ideal Power Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Ideal Power's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ideal Power Inc is pioneering the development of its broadly patented bidirectional power switches, creating efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. B-TRAN is a unique double-sided bidirectional AC switchable to deliver substantial performance improvements over conventional power semiconductors. The primary raw material used in the fabrication of B-TRAN devices is silicon wafers.
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