IG Group Holdings (IG Group Holdings) Price-to-Tangible-Book : 2.82 (As of Apr. 28, 2024)

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What is IG Group Holdings Price-to-Tangible-Book?

As of today (2024-04-28), IG Group Holdings's share price is $9.13. IG Group Holdings's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $3.24. Hence, IG Group Holdings's Price to Tangible Book Ratio of today is 2.82.

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

IGGRF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.44 Med: 3.74 Max: 6.12
Current: 2.83

During the past 13 years, IG Group Holdings's highest Price to Tangible Book Ratio was 6.12. The lowest was 2.44. And the median was 3.74.

IGGRF's Price-to-Tangible-Book is ranked worse than
69.76% of 721 companies
in the Capital Markets industry
Industry Median: 1.34 vs IGGRF: 2.83

A closely related ratio is called PB Ratio. As of today, IG Group Holdings's share price is $9.13. IG Group Holdings's Book Value per Sharefor the quarter that ended in Nov. 2023 was $6.00. Hence, IG Group Holdings's P/B Ratio of today is 1.52.

IG Group Holdings Price-to-Tangible-Book Historical Data

The historical data trend for IG Group Holdings'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.

IG Group Holdings Price-to-Tangible-Book Chart

IG Group Holdings Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Price-to-Tangible-Book

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3.26

3.38

2.65

3.21

2.67

IG Group Holdings Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Price-to-Tangible-Book	Get a 7-Day Free Trial															3.94	3.21	2.82	2.67	2.59

Competitive Comparison of IG Group Holdings's Price-to-Tangible-Book

For the Capital Markets subindustry, IG Group Holdings'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.

IG Group Holdings's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, IG Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

IG Group Holdings Price-to-Tangible-Book Calculation

IG Group Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	9.13	/	3.239
	=	2.82

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.

IG Group Holdings Price-to-Tangible-Book Related Terms

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

IG Group Holdings (IG Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » IG Group Holdings PLC (OTCPK:IGGRF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IGGHY:USA IGGl:UK IGG:UK I5G:Germany

Address

Cannon Bridge House, 25 Dowgate Hill, London, GBR, EC4R 2YA

Website

https://www.iggroup.com

IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.