As of today (2024-04-26), LGI Homes's share price is $94.88. LGI Homes's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $78.20. Hence, LGI Homes's Price to Tangible Book Ratio of today is 1.21.
The historical rank and industry rank for LGI Homes's Price-to-Tangible-Book or its related term are showing as below:
LGIH'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.2 Med: 1.94 Max: 3.43
Current: 1.21
During the past 13 years, LGI Homes's highest Price to Tangible Book Ratio was 3.43. The lowest was 1.20. And the median was 1.94.
LGIH's Price-to-Tangible-Book is ranked better than 50.98% of 102
companies
in the Homebuilding & Construction industry
Industry Median: 1.26
vs LGIH: 1.21
A closely related ratio is called PB Ratio. As of today, LGI Homes's share price is $94.88. LGI Homes's Book Value per Sharefor the quarter that ended in Dec. 2023 was $78.71. Hence, LGI Homes's P/B Ratio of today is 1.21.
LGI Homes Price-to-Tangible-Book Historical Data
The historical data trend for LGI Homes'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 LGI Homes's Price-to-Tangible-Book
For the Residential Construction subindustry, LGI Homes'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.
LGI Homes's Price-to-Tangible-Book Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where LGI Homes's Price-to-Tangible-Book falls into.
LGI Homes Price-to-Tangible-Book Calculation
LGI Homes'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.
LGI Homes Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of LGI Homes's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring.
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