As of today (2024-04-25), LGL Group's share price is $5.80. LGL Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.20. Hence, LGL Group's Price to Tangible Book Ratio of today is 0.81.
The historical rank and industry rank for LGL Group's Price-to-Tangible-Book or its related term are showing as below:
LGL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3 Med: 0.48 Max: 0.93
Current: 0.81
During the past 13 years, LGL Group's highest Price to Tangible Book Ratio was 0.93. The lowest was 0.30. And the median was 0.48.
LGL's Price-to-Tangible-Book is ranked better than 85.16% of 2304
companies
in the Hardware industry
Industry Median: 2.01
vs LGL: 0.81
A closely related ratio is called PB Ratio. As of today, LGL Group's share price is $5.80. LGL Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.21. Hence, LGL Group's P/B Ratio of today is 0.80.
LGL Group Price-to-Tangible-Book Historical Data
The historical data trend for LGL Group'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 LGL Group's Price-to-Tangible-Book
For the Electronic Components subindustry, LGL Group'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.
LGL Group's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, LGL Group's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where LGL Group's Price-to-Tangible-Book falls into.
LGL Group Price-to-Tangible-Book Calculation
LGL Group'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.
LGL Group Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of LGL Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
LGL Group Inc is engaged in investment and manufacturing business activities. Its Electronic components segment is focused on the design and manufacture of engineered frequency and spectrum control products. The company's Electronic instruments segment is focused on the design and manufacture of high-performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications including satellite communication, time transfer systems, network synchronization, electricity distribution and metrology. Majority of its revenue is derived from the Electronic components segment.
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