The historical rank and industry rank for Lumentum Holdings's Price-to-Tangible-Book or its related term are showing as below:
During the past 12 years, Lumentum Holdings's highest Price to Tangible Book Ratio was 18.69. The lowest was 2.26. And the median was 5.07.
LITE's Price-to-Tangible-Book is not ranked *
in the Hardware industry.
Industry Median: 2.01 * Ranked among companies with meaningful Price-to-Tangible-Book only.
Lumentum Holdings Price-to-Tangible-Book Historical Data
The historical data trend for Lumentum 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.
Competitive Comparison of Lumentum Holdings's Price-to-Tangible-Book
For the Communication Equipment subindustry, Lumentum 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.
Lumentum Holdings's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Lumentum Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Lumentum Holdings'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.
Lumentum Holdings Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Lumentum Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Lumentum Holdings (Lumentum Holdings) Business Description
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are OpComms and Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
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