Kornit Digital (Kornit Digital) Price-to-Tangible-Book : 1.01 (As of May. 05, 2024)

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What is Kornit Digital Price-to-Tangible-Book?

As of today (2024-05-05), Kornit Digital's share price is $16.00. Kornit Digital's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.90. Hence, Kornit Digital's Price to Tangible Book Ratio of today is 1.01.

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

KRNT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.01 Med: 3.84 Max: 8.55
Current: 1.01

During the past 12 years, Kornit Digital's highest Price to Tangible Book Ratio was 8.55. The lowest was 1.01. And the median was 3.84.

KRNT's Price-to-Tangible-Book is ranked better than
80.43% of 2821 companies
in the Industrial Products industry
Industry Median: 2.12 vs KRNT: 1.01

A closely related ratio is called PB Ratio. As of today, Kornit Digital's share price is $16.00. Kornit Digital's Book Value per Sharefor the quarter that ended in Dec. 2023 was $16.67. Hence, Kornit Digital's P/B Ratio of today is 0.96.

Kornit Digital Price-to-Tangible-Book Historical Data

The historical data trend for Kornit Digital'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.

Kornit Digital Price-to-Tangible-Book Chart

Kornit Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

4.22

8.27

8.55

1.38

1.20

Kornit Digital 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															1.38	1.19	1.82	1.19	1.20

Competitive Comparison of Kornit Digital's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.

Kornit Digital's Price-to-Tangible-Book Distribution in the Industrial Products Industry

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

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

Kornit Digital Price-to-Tangible-Book Calculation

Kornit Digital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	16.00	/	15.902
	=	1.01

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.

Kornit Digital Price-to-Tangible-Book Related Terms

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

Kornit Digital (Kornit Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kornit Digital Ltd (NAS:KRNT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

KRNT:Mexico 0KD:Germany

Address

12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246

Website

https://www.kornit.com

Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.