Elbit Systems (Elbit Systems) Price-to-Tangible-Book

: 8.28 (As of Today)

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As of today (2024-04-18), Elbit Systems's share price is $197.13. Elbit Systems's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $23.80. Hence, Elbit Systems's Price to Tangible Book Ratio of today is 8.28.

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

ESLT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.59 Med: 8.21 Max: 12.91
Current: 8.35

During the past 13 years, Elbit Systems's highest Price to Tangible Book Ratio was 12.91. The lowest was 4.59. And the median was 8.21.

ESLT's Price-to-Tangible-Book is ranked worse than
81.85% of 259 companies
in the Aerospace & Defense industry
Industry Median: 3 vs ESLT: 8.35

A closely related ratio is called PB Ratio. As of today, Elbit Systems's share price is $197.13. Elbit Systems's Book Value per Sharefor the quarter that ended in Dec. 2023 was $66.31. Hence, Elbit Systems's P/B Ratio of today is 2.97.

Elbit Systems Price-to-Tangible-Book Historical Data

The historical data trend for Elbit Systems'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.

Elbit Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

13.99

9.47

15.19

8.90

8.96

Elbit Systems 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																8.90	8.74	10.43	9.25	8.96

Competitive Comparison

For the Aerospace & Defense subindustry, Elbit Systems'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.

Elbit Systems Price-to-Tangible-Book Distribution

For the Aerospace & Defense industry and Industrials sector, Elbit Systems's Price-to-Tangible-Book distribution charts can be found below:

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

Elbit Systems Price-to-Tangible-Book Calculation

Elbit Systems's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	197.13	/	23.798
	=	8.28

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Elbit Systems Price-to-Tangible-Book Related Terms

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Elbit Systems (Elbit Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Elbit Systems Ltd (NAS:ESLT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ESLT:Israel EB2:Germany

Address

Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401

Website

https://www.elbitsystems.com

Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.