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Lincoln Electric Holdings (Lincoln Electric Holdings) Price-to-Tangible-Book : 31.65 (As of Apr. 25, 2024)


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What is Lincoln Electric Holdings Price-to-Tangible-Book?

As of today (2024-04-25), Lincoln Electric Holdings's share price is $237.61. Lincoln Electric Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.51. Hence, Lincoln Electric Holdings's Price to Tangible Book Ratio of today is 31.65.

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

LECO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.49   Med: 16.87   Max: 50.14
Current: 31.64

During the past 13 years, Lincoln Electric Holdings's highest Price to Tangible Book Ratio was 50.14. The lowest was 5.49. And the median was 16.87.

LECO's Price-to-Tangible-Book is ranked worse than
98.65% of 2822 companies
in the Industrial Products industry
Industry Median: 2.08 vs LECO: 31.64

A closely related ratio is called PB Ratio. As of today, Lincoln Electric Holdings's share price is $237.61. Lincoln Electric Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $22.97. Hence, Lincoln Electric Holdings's P/B Ratio of today is 10.34.


Lincoln Electric Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Lincoln Electric Holdings'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.

Lincoln Electric Holdings Price-to-Tangible-Book Chart

Lincoln Electric Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.33 21.72 28.82 50.14 28.97

Lincoln Electric Holdings 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 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 50.14 21.83 22.41 19.29 28.97

Competitive Comparison of Lincoln Electric Holdings's Price-to-Tangible-Book

For the Tools & Accessories subindustry, Lincoln Electric Holdings'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.


Lincoln Electric Holdings's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

* The bar in red indicates where Lincoln Electric Holdings's Price-to-Tangible-Book falls into.



Lincoln Electric Holdings Price-to-Tangible-Book Calculation

Lincoln Electric Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=237.61/7.507
=31.65

* 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.


Lincoln Electric Holdings Price-to-Tangible-Book Related Terms

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


Lincoln Electric Holdings (Lincoln Electric Holdings) Business Description

Traded in Other Exchanges
Address
22801 Street Clair Avenue, Cleveland, OH, USA, 44117
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $3.8 billion in sales in 2022.
Executives
Michael J Whitehead officer: SVP, Strat. & Business Dev. 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Christopher L Mapes director REGAL BELOIT CORP, 200 STATE STREET, BELOIT WI 53511
Steven B Hedlund officer: V. P. Strategy & Bus. Dev. 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Geoffrey P Allman officer: Sr. V.P., Corporate Controller 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Michele R Kuhrt officer: Ex. V.P., CIO 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Marc A Howze director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Jennifer I Ansberry officer: Ex.V.P. General Counsel & Secy 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Bonnie J Fetch director 500 JACKSON STREET, COLUMBUS IN 47201
Kathryn Jo Lincoln director 1741 EAST MORTEN AVE, PHOENIX AZ 85020
Peter M. Pletcher officer: SVP, President International 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Gregory Doria officer: SVP, Pres Harris Products Gr. 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Gabriel Bruno officer: V.P., Corporate Controller 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Lisa Dietrich officer: EVP, CIO 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Brian Chambers director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Thomas A Flohn officer: VP; Pres. (Asia Pac.) 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117

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