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Smiths Group (LSE:SMIN) Price-to-Tangible-Book : 10.97 (As of May. 12, 2024)


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What is Smiths Group Price-to-Tangible-Book?

As of today (2024-05-12), Smiths Group's share price is £17.27. Smiths Group's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was £1.57. Hence, Smiths Group's Price to Tangible Book Ratio of today is 10.97.

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

LSE:SMIN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.68   Med: 9.62   Max: 146.65
Current: 10.97

During the past 13 years, Smiths Group's highest Price to Tangible Book Ratio was 146.65. The lowest was 3.68. And the median was 9.62.

LSE:SMIN's Price-to-Tangible-Book is ranked worse than
92.89% of 2827 companies
in the Industrial Products industry
Industry Median: 2.14 vs LSE:SMIN: 10.97

A closely related ratio is called PB Ratio. As of today, Smiths Group's share price is £17.27. Smiths Group's Book Value per Sharefor the quarter that ended in Jan. 2024 was £6.05. Hence, Smiths Group's P/B Ratio of today is 2.85.


Smiths Group Price-to-Tangible-Book Historical Data

The historical data trend for Smiths 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.

* Premium members only.

Smiths Group Price-to-Tangible-Book Chart

Smiths Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.62 6.64 6.82 5.03 6.88

Smiths Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.68 5.03 7.04 6.88 10.31

Competitive Comparison of Smiths Group's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Smiths 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.


Smiths Group's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Smiths Group's Price-to-Tangible-Book distribution charts can be found below:

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



Smiths Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=17.27/1.574
=10.97

* 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.


Smiths Group Price-to-Tangible-Book Related Terms

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


Smiths Group (LSE:SMIN) Business Description

Traded in Other Exchanges
Address
11-12 St James’s Square, 4th Floor, London, GBR, SW1Y 4LB
With its start as a London jeweler in the 19th century, Smiths Group has for most of its history operated as a company operating disparate but economically attractive businesses. Thematically, it runs businesses that manufacture niche products in security- or safety-sensitive industries. Today, the business is split across four divisions: mechanical seals, weapons detection, electrical connectors, and specialized hoses. The end customers for these products include airports, NASA, government security or defense departments, and hospitals.