What is Advanced Drainage Systems Price-to-Tangible-Book?
As of today (2024-04-25), Advanced Drainage Systems's share price is $159.89. Advanced Drainage Systems's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $2.80. Hence, Advanced Drainage Systems's Price to Tangible Book Ratio of today is 57.19.
The historical rank and industry rank for Advanced Drainage Systems's Price-to-Tangible-Book or its related term are showing as below:
WMS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 24.77 Med: 65.58 Max: 205.4
Current: 57.1
During the past 12 years, Advanced Drainage Systems's highest Price to Tangible Book Ratio was 205.40. The lowest was 24.77. And the median was 65.58.
WMS's Price-to-Tangible-Book is ranked worse than 99.2% of 1499
companies
in the Construction industry
Industry Median: 1.33
vs WMS: 57.10
A closely related ratio is called PB Ratio. As of today, Advanced Drainage Systems's share price is $159.89. Advanced Drainage Systems's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.45. Hence, Advanced Drainage Systems's P/B Ratio of today is 10.35.
Advanced Drainage Systems Price-to-Tangible-Book Historical Data
The historical data trend for Advanced Drainage Systems'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.
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Advanced Drainage Systems Price-to-Tangible-Book Chart
Competitive Comparison of Advanced Drainage Systems's Price-to-Tangible-Book
For the Building Products & Equipment subindustry, Advanced Drainage Systems'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.
Advanced Drainage Systems's Price-to-Tangible-Book Distribution in the Construction Industry
For the Construction industry and Industrials sector, Advanced Drainage Systems's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Advanced Drainage Systems's Price-to-Tangible-Book falls into.
Advanced Drainage Systems Price-to-Tangible-Book Calculation
Advanced Drainage Systems'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.
Advanced Drainage Systems Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Advanced Drainage Systems's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Advanced Drainage Systems (Advanced Drainage Systems) Business Description
Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.
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