As of today (2024-04-24), Broadcom's share price is $1256.82. Broadcom's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $-160.88. Hence, Broadcom's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Broadcom's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Broadcom's highest Price to Tangible Book Ratio was 107.14. The lowest was 6.88. And the median was 57.01.
AVGO's Price-to-Tangible-Book is not ranked *
in the Semiconductors industry.
Industry Median: 2.495 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Broadcom's share price is $1256.82. Broadcom's Book Value per Sharefor the quarter that ended in Jan. 2024 was $151.80. Hence, Broadcom's P/B Ratio of today is 8.28.
Broadcom Price-to-Tangible-Book Historical Data
The historical data trend for Broadcom'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 Broadcom's Price-to-Tangible-Book
For the Semiconductors subindustry, Broadcom'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.
Broadcom's Price-to-Tangible-Book Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Broadcom's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Broadcom's Price-to-Tangible-Book falls into.
Broadcom Price-to-Tangible-Book Calculation
Broadcom'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.
Broadcom Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Broadcom's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Broadcom is the sixth-largest semiconductor company globally and has expanded into various software businesses, with over $30 billion in annual revenue. It sells 17 core semiconductor product lines across wireless, networking, broadband, storage, and industrial markets. It is primarily a fabless designer but holds some manufacturing in-house, like for its best-of-breed FBAR filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments.Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as Brocade, CA Technologies, and Symantec in software.
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