As of today (2024-04-25), Faro Technologies's share price is $18.62. Faro Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.86. Hence, Faro Technologies's Price to Tangible Book Ratio of today is 3.18.
The historical rank and industry rank for Faro Technologies's Price-to-Tangible-Book or its related term are showing as below:
FARO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.72 Med: 3.37 Max: 5.83
Current: 3.18
During the past 13 years, Faro Technologies's highest Price to Tangible Book Ratio was 5.83. The lowest was 1.72. And the median was 3.37.
FARO's Price-to-Tangible-Book is ranked worse than 72.83% of 2304
companies
in the Hardware industry
Industry Median: 1.99
vs FARO: 3.18
A closely related ratio is called PB Ratio. As of today, Faro Technologies's share price is $18.62. Faro Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.16. Hence, Faro Technologies's P/B Ratio of today is 1.31.
Faro Technologies Price-to-Tangible-Book Historical Data
The historical data trend for Faro Technologies'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 Faro Technologies's Price-to-Tangible-Book
For the Scientific & Technical Instruments subindustry, Faro Technologies'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.
Faro Technologies's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Faro Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Faro Technologies's Price-to-Tangible-Book falls into.
* 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.
Faro Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Faro Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Faro Technologies (Faro Technologies) Business Description
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
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