Finning International (Finning International) Price-to-Tangible-Book

: 3.31 (As of Today)

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As of today (2024-04-24), Finning International's share price is $30.40. Finning International's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.19. Hence, Finning International's Price to Tangible Book Ratio of today is 3.31.

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

FINGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.77 Med: 2.78 Max: 3.41
Current: 3.4

During the past 13 years, Finning International's highest Price to Tangible Book Ratio was 3.41. The lowest was 1.77. And the median was 2.78.

FINGF's Price-to-Tangible-Book is ranked worse than
74.07% of 135 companies
in the Industrial Distribution industry
Industry Median: 1.32 vs FINGF: 3.40

A closely related ratio is called PB Ratio. As of today, Finning International's share price is $30.40. Finning International's Book Value per Sharefor the quarter that ended in Dec. 2023 was $13.01. Hence, Finning International's P/B Ratio of today is 2.34.

Finning International Price-to-Tangible-Book Historical Data

The historical data trend for Finning International'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.

Finning International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.81

2.79

3.04

3.03

3.17

Finning International 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															3.03	3.02	3.65	3.30	3.17

Competitive Comparison

For the Industrial Distribution subindustry, Finning International'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.

Finning International Price-to-Tangible-Book Distribution

For the Industrial Distribution industry and Industrials sector, Finning International's Price-to-Tangible-Book distribution charts can be found below:

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

Finning International Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	30.40	/	9.193
	=	3.31

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.

Finning International Price-to-Tangible-Book Related Terms

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

Finning International (Finning International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Finning International Inc (OTCPK:FINGF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

CIH:Germany FTT:Canada

Address

19100 94th Avenue, Surrey, BC, CAN, V4N 5C3

Website

https://www.finning.com

Finning International Inc is a dealer and distributor of heavy-duty machinery and parts of the Caterpillar brand. The company sells and rents Caterpillar machinery to the mining, construction, petroleum, forestry, and power system application industries. Finning International further provides parts and services for equipment and engines to its customers via its owned distribution network and buys and sells used equipment domestically and internationally after reconditioning or rebuilding the machinery. The company operates in Canada, South America, UK and Ireland, and others.