Ceragon Networks (Ceragon Networks) Price-to-Tangible-Book : 2.11 (As of Apr. 24, 2024)

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What is Ceragon Networks Price-to-Tangible-Book?

As of today (2024-04-24), Ceragon Networks's share price is $2.71. Ceragon Networks's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.29. Hence, Ceragon Networks's Price to Tangible Book Ratio of today is 2.11.

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

CRNT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.78 Med: 1.53 Max: 2.17
Current: 2.1

During the past 13 years, Ceragon Networks's highest Price to Tangible Book Ratio was 2.17. The lowest was 0.78. And the median was 1.53.

CRNT's Price-to-Tangible-Book is ranked worse than
54.34% of 2304 companies
in the Hardware industry
Industry Median: 1.99 vs CRNT: 2.10

A closely related ratio is called PB Ratio. As of today, Ceragon Networks's share price is $2.71. Ceragon Networks's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.57. Hence, Ceragon Networks's P/B Ratio of today is 1.73.

Ceragon Networks Price-to-Tangible-Book Historical Data

The historical data trend for Ceragon Networks'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.

Ceragon Networks Price-to-Tangible-Book Chart

Ceragon Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.11

1.62

1.65

1.44

1.68

Ceragon Networks 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	Get a 7-Day Free Trial															1.44	1.23	1.51	1.43	1.68

Competitive Comparison of Ceragon Networks's Price-to-Tangible-Book

For the Communication Equipment subindustry, Ceragon Networks'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.

Ceragon Networks's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ceragon Networks's Price-to-Tangible-Book distribution charts can be found below:

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

Ceragon Networks Price-to-Tangible-Book Calculation

Ceragon Networks's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.71	/	1.286
	=	2.11

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.

Ceragon Networks Price-to-Tangible-Book Related Terms

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

Ceragon Networks (Ceragon Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ceragon Networks Ltd (NAS:CRNT) » Definitions » Price-to-Tangible-Book

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GGN:Germany

Address

Building. A, 7th floor, Nitzba City, Plot 300, PO Box 112, Rosh Ha’Ayin, ISR, 4810002

Website

https://www.ceragon.com

Ceragon Networks Ltd offers wireless backhaul solutions. Its products comprise of FibeAir IP-20 Platform, FibeAir IP-20 Assured Platform, and Network Management. The company provides its services to wireless service providers, public safety organizations, government agencies and utility companies. The company's FibeAir IP-20 platform offers flexibility in choosing all-outdoor, split-mount and all-indoor configurations to suit any deployment scenario. Its products include short haul-access, short haul-aggregation, small cells, long haul, and enterprise access. Geographically, it derives majority revenue from India and also has a presence in North America, Europe, Africa, Asia-Pacific, and the Middle East and Latin America.