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Virgin Galactic Holdings (Virgin Galactic Holdings) Price-to-Tangible-Book

: 0.68 (As of Today)
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As of today (2024-04-19), Virgin Galactic Holdings's share price is $0.854. Virgin Galactic Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.26. Hence, Virgin Galactic Holdings's Price to Tangible Book Ratio of today is 0.68.

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

SPCE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64   Med: 2   Max: 10.63
Current: 0.68

During the past 7 years, Virgin Galactic Holdings's highest Price to Tangible Book Ratio was 10.63. The lowest was 0.64. And the median was 2.00.

SPCE's Price-to-Tangible-Book is ranked better than
90.35% of 259 companies
in the Aerospace & Defense industry
Industry Median: 3.01 vs SPCE: 0.68

A closely related ratio is called PB Ratio. As of today, Virgin Galactic Holdings's share price is $0.854. Virgin Galactic Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.26. Hence, Virgin Galactic Holdings's P/B Ratio of today is 0.68.


Virgin Galactic Holdings Price-to-Tangible-Book Historical Data

The historical data trend for Virgin Galactic 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.

Virgin Galactic Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only 6.60 10.63 3.86 2.00 1.94

Virgin Galactic Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 2.00 3.11 2.70 1.20 1.94

Competitive Comparison

For the Aerospace & Defense subindustry, Virgin Galactic 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.


Virgin Galactic Holdings Price-to-Tangible-Book Distribution

For the Aerospace & Defense industry and Industrials sector, Virgin Galactic Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Virgin Galactic Holdings Price-to-Tangible-Book Calculation

Virgin Galactic Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.854/1.264
=0.68

* 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.


Virgin Galactic Holdings Price-to-Tangible-Book Related Terms

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


Virgin Galactic Holdings (Virgin Galactic Holdings) Business Description

Traded in Other Exchanges
Address
1700 Flight Way, Tustin, CA, USA, 92782
Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures advanced air and space vehicles. Using its technologies, it is developing a spaceflight system designed to offer its customers a unique, multi-day, and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.
Executives
Arcangeli Henio R Jr director C/O VIRGIN GALACTIC HOLDINGS, INC., 1700 FLIGHT WAY, TUSTIN CA 92782
Diana S. Strandberg director 1700 FLIGHT WAY, TUSTIN CA 92782
Raymond E Mabus director C/O DANA INCORPORATED, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Aparna Chitale officer: See Remarks 1700 FLIGHT WAY, TUSTIN CA 92782
Sarah E Kim officer: See Remarks C/O VIRGIN GALACTIC HOLDINGS, INC., 1700 FLIGHT WAY, TUSTIN CA 92782
Douglas T Ahrens officer: See Remarks 215 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael A Colglazier director, officer: See Remarks C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Alistair Burns officer: See Remarks 1700 FLIGHT WAY, TUSTIN CA 92782
Michelle Kley officer: See Remarks C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Wanda A Sigur director C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Virgin Investments Ltd 10 percent owner LA MOTTE CHAMBERS, ST HELIER Y9 X0 JE1 1BJ
Craig S Kreeger director C/O VIRGIN GALACTIC HOLDINGS, INC., 166 NORTH ROADRUNNER PARKWAY 1C, LAS CRUCES NM 88011
Tina W Jonas director C/O PASSUR AEROSPACE, INC, ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Swaminathan B. Lyer officer: See Remarks 166 NORTH ROADRUNNER PARKWAY, SUITE 1C, LAS CRUCES NM 88011
Chamath Palihapitiya director, 10 percent owner THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025