As of today (2024-05-03), Ixia's share price is $19.65. Ixia's Tangible Book per Share of Dec. 2016 for the quarter that ended in Dec. 2016 was $1.30. Hence, Ixia's Price to Tangible Book Ratio of today is 15.17.
The historical rank and industry rank for Ixia's Price-to-Tangible-Book or its related term are showing as below:
XXIA's Price-to-Tangible-Book is not ranked *
in the Software industry.
Industry Median: 3.63 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Ixia's share price is $19.65. Ixia's Book Value per Sharefor the quarter that ended in Dec. 2016 was $6.19. Hence, Ixia's P/B Ratio of today is 3.17.
Ixia Price-to-Tangible-Book Historical Data
The historical data trend for Ixia'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 Ixia's Price-to-Tangible-Book
For the Information Technology Services subindustry, Ixia'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.
Ixia's Price-to-Tangible-Book Distribution in the Software Industry
For the Software industry and Technology sector, Ixia's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Ixia's Price-to-Tangible-Book falls into.
Ixia Price-to-Tangible-Book Calculation
Ixia'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.
Ixia Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Ixia's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ixia was founded in 1997 and is headquartered in Calabasas, California. The Company provides application performance and security resilience network test and network visibility solutions that validate, secure, and optimize businesses' physical and virtual networks. The Company has operations in EMEA and Asia Pacific region. It offers an always-on user experience through fast, secure delivery of dynamic, connected technologies and services. The Company uses direct sales force to market and sell its products and solutions and has number of ongoing programs to support the sale and distribution of products and solutions and to inform existing and potential customers, partners and distributors about the capabilities and benefits of systems. The Company serves network equipment manufacturers, service providers, enterprises and government agencies. The Company competes with network test and monitoring solution vendors such as Spirent Communications, Gigamon, Danaher, Aeroflex, JDS Uniphase, and NetScout.
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