As of today (2024-04-16), Illinois Tool Works's share price is $251.21. Illinois Tool Works's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-8.53. Hence, Illinois Tool Works's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Illinois Tool Works's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Illinois Tool Works's highest Price to Tangible Book Ratio was 102.71. The lowest was 102.71. And the median was 102.71.
ITW's Price-to-Tangible-Book is not ranked *
in the Industrial Products industry.
Industry Median: 2 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Illinois Tool Works's share price is $251.21. Illinois Tool Works's Book Value per Sharefor the quarter that ended in Dec. 2023 was $10.06. Hence, Illinois Tool Works's P/B Ratio of today is 24.97.
Illinois Tool Works Price-to-Tangible-Book Historical Data
The historical data trend for Illinois Tool Works'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.
Illinois Tool Works Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Price-to-Tangible-Book
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Illinois Tool Works Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Price-to-Tangible-Book
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Competitive Comparison
For the Specialty Industrial Machinery subindustry, Illinois Tool Works'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.
Illinois Tool Works Price-to-Tangible-Book Distribution
For the Industrial Products industry and Industrials sector, Illinois Tool Works's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Illinois Tool Works's Price-to-Tangible-Book falls into.
Illinois Tool Works Price-to-Tangible-Book Calculation
Illinois Tool Works'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.
Illinois Tool Works Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Illinois Tool Works's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Illinois Tool Works (Illinois Tool Works) Business Description
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
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