As of today (2024-04-27), Allegion's share price is $123.85. Allegion's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $-7.45. Hence, Allegion's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Allegion's Price-to-Tangible-Book or its related term are showing as below:
ALLE's Price-to-Tangible-Book is not ranked *
in the Business Services industry.
Industry Median: 2.08 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Allegion's share price is $123.85. Allegion's Book Value per Sharefor the quarter that ended in Mar. 2024 was $15.45. Hence, Allegion's P/B Ratio of today is 8.02.
Allegion Price-to-Tangible-Book Historical Data
The historical data trend for Allegion'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 Allegion's Price-to-Tangible-Book
For the Security & Protection Services subindustry, Allegion'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.
Allegion's Price-to-Tangible-Book Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Allegion's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Allegion's Price-to-Tangible-Book falls into.
Allegion Price-to-Tangible-Book Calculation
Allegion'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.
Allegion Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Allegion's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Allegion is a global security products company with a portfolio of leading brands such as Schlage, Von Duprin, and LCN. The Ireland-domiciled company was created via a spinoff transaction from Ingersoll-Rand in December 2013. In fiscal 2022, Allegion generated 73% of sales in the United States. The company mainly competes with Sweden-based Assa Abloy and Switzerland-based Dormakaba.
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