As of today (2024-05-17), Phinia's share price is $45.15. Phinia's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $20.93. Hence, Phinia's Price to Tangible Book Ratio of today is 2.16.
The historical rank and industry rank for Phinia's Price-to-Tangible-Book or its related term are showing as below:
PHIN'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26 Med: 1.41 Max: 2.17
Current: 2.16
During the past 4 years, Phinia's highest Price to Tangible Book Ratio was 2.17. The lowest was 1.26. And the median was 1.41.
PHIN's Price-to-Tangible-Book is ranked worse than 59.77% of 1198
companies
in the Vehicles & Parts industry
Industry Median: 1.7
vs PHIN: 2.16
A closely related ratio is called PB Ratio. As of today, Phinia's share price is $45.15. Phinia's Book Value per Sharefor the quarter that ended in Mar. 2024 was $40.50. Hence, Phinia's P/B Ratio of today is 1.11.
Phinia Price-to-Tangible-Book Historical Data
The historical data trend for Phinia'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.
Competitive Comparison of Phinia's Price-to-Tangible-Book
For the Auto Parts subindustry, Phinia'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.
Phinia's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Phinia's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Phinia's Price-to-Tangible-Book falls into.
Phinia Price-to-Tangible-Book Calculation
Phinia'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.
Phinia Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Phinia's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
3000 University Drive, Auburn Hills, MI, USA, 48326
Website
Phinia Inc is a leader in the development, design and manufacture of integrated components and systems that optimize performance, increase efficiency and reduce emissions in combustion and hybrid propulsion for commercial vehicles and industrial applications and light vehicles. It is a global supplier to most major original equipment manufacturers (OEMs) and offers a wide range of original equipment service (OES) solutions and remanufactured products as well as an expanded range of products for the independent (non-OEM) aftermarket. Phinia has an extensive original equipment portfolio of advanced fuel injection systems, fuel delivery modules, canisters, starters, alternators, sensors, electronic control modules and associated software.
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