Onex (ONEXF) Price-to-Tangible-Book : 0.67 (As of Apr. 29, 2024)

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What is Onex Price-to-Tangible-Book?

As of today (2024-04-29), Onex's share price is $72.01. Onex's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $108.14. Hence, Onex's Price to Tangible Book Ratio of today is 0.67.

The historical rank and industry rank for Onex's Price-to-Tangible-Book or its related term are showing as below:

ONEXF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.49 Med: 0.76 Max: 0.95
Current: 0.68

During the past 13 years, Onex's highest Price to Tangible Book Ratio was 0.95. The lowest was 0.49. And the median was 0.76.

ONEXF's Price-to-Tangible-Book is ranked better than
82.44% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs ONEXF: 0.68

A closely related ratio is called PB Ratio. As of today, Onex's share price is $72.01. Onex's Book Value per Sharefor the quarter that ended in Dec. 2023 was $110.50. Hence, Onex's P/B Ratio of today is 0.65.

Onex Price-to-Tangible-Book Historical Data

The historical data trend for Onex'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.

* Premium members only.

Onex Price-to-Tangible-Book Chart

Onex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.96

0.76

0.86

0.49

0.65

Onex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.49	0.48	0.56	0.57	0.65

Competitive Comparison of Onex's Price-to-Tangible-Book

For the Asset Management subindustry, Onex'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.

Onex's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Onex's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Onex's Price-to-Tangible-Book falls into.

Onex Price-to-Tangible-Book Calculation

Onex's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	72.01	/	108.143
	=	0.67

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Onex Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Onex's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Onex (ONEXF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Onex Corporation (OTCPK:ONEXF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

ONE:Germany ONEX:Canada

Address

161 Bay Street, 49th Floor, P.O. Box 700, Toronto, ON, CAN, M5J 2S5

Website

https://www.onex.com

Onex Corporation is a private equity investor and asset management firm. The company operates in two reportable segments: investing, which comprises the activity of investing Onex' capital and asset management, which comprises the asset management activities provided by Onex to support its private equity and Credit strategies, as well as Onex's corporate functions. The majority of the company's revenue is generated through the investing segment.