As of today (2024-04-23), HNI's share price is $43.22. HNI's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.34. Hence, HNI's Price to Tangible Book Ratio of today is 18.49.
The historical rank and industry rank for HNI's Price-to-Tangible-Book or its related term are showing as below:
HNI'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 6.66 Med: 15.5 Max: 72.09
Current: 18.47
During the past 13 years, HNI's highest Price to Tangible Book Ratio was 72.09. The lowest was 6.66. And the median was 15.50.
HNI's Price-to-Tangible-Book is ranked worse than 97.06% of 2821
companies
in the Industrial Products industry
Industry Median: 2.05
vs HNI: 18.47
A closely related ratio is called PB Ratio. As of today, HNI's share price is $43.22. HNI's Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.24. Hence, HNI's P/B Ratio of today is 2.66.
HNI Price-to-Tangible-Book Historical Data
The historical data trend for HNI'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.
For the Business Equipment & Supplies subindustry, HNI'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.
HNI Price-to-Tangible-Book Distribution
For the Industrial Products industry and Industrials sector, HNI's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where HNI's Price-to-Tangible-Book falls into.
HNI Price-to-Tangible-Book Calculation
HNI'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.
HNI Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of HNI's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.
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