As of today (2024-04-19), Johnson & Johnson's share price is $147.91. Johnson & Johnson's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-0.81. Hence, Johnson & Johnson's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Johnson & Johnson's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Johnson & Johnson's highest Price to Tangible Book Ratio was 203.51. The lowest was 11.91. And the median was 14.55.
JNJ's Price-to-Tangible-Book is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.285 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Johnson & Johnson's share price is $147.91. Johnson & Johnson's Book Value per Sharefor the quarter that ended in Dec. 2023 was $28.57. Hence, Johnson & Johnson's P/B Ratio of today is 5.18.
Johnson & Johnson Price-to-Tangible-Book Historical Data
The historical data trend for Johnson & Johnson'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 Drug Manufacturers - General subindustry, Johnson & Johnson'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.
Johnson & Johnson Price-to-Tangible-Book Distribution
For the Drug Manufacturers industry and Healthcare sector, Johnson & Johnson's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Johnson & Johnson's Price-to-Tangible-Book falls into.
Johnson & Johnson Price-to-Tangible-Book Calculation
Johnson & Johnson'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.
Johnson & Johnson Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Johnson & Johnson's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Johnson & Johnson (Johnson & Johnson) Business Description
Johnson & Johnson is the world's largest and most diverse healthcare firm. Three divisions make up the firm: pharmaceutical, medical devices and diagnostics, and consumer. The drug and device groups represent close to 80% of sales and drive the majority of cash flows for the firm. The drug division focuses on the following therapeutic areas: immunology, oncology, neurology, pulmonary, cardiology, and metabolic diseases. The device segment focuses on orthopedics, surgery tools, vision care, and a few smaller areas. The last segment of consumer focuses on baby care, beauty, oral care, over-the-counter drugs, and women's health. The consumer group is being divested in 2023 under the new name Kenvue. Geographically, just over half of total revenue is generated in the United States.
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