What is SolarEdge Technologies Price-to-Tangible-Book?
As of today (2024-04-25), SolarEdge Technologies's share price is $57.86. SolarEdge Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $40.85. Hence, SolarEdge Technologies's Price to Tangible Book Ratio of today is 1.42.
The historical rank and industry rank for SolarEdge Technologies's Price-to-Tangible-Book or its related term are showing as below:
SEDG'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.39 Med: 7.48 Max: 18.75
Current: 1.42
During the past 12 years, SolarEdge Technologies's highest Price to Tangible Book Ratio was 18.75. The lowest was 1.39. And the median was 7.48.
SEDG's Price-to-Tangible-Book is ranked better than 77.22% of 948
companies
in the Semiconductors industry
Industry Median: 2.495
vs SEDG: 1.42
A closely related ratio is called PB Ratio. As of today, SolarEdge Technologies's share price is $57.86. SolarEdge Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $42.22. Hence, SolarEdge Technologies's P/B Ratio of today is 1.37.
SolarEdge Technologies Price-to-Tangible-Book Historical Data
The historical data trend for SolarEdge 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 SolarEdge Technologies's Price-to-Tangible-Book
For the Solar subindustry, SolarEdge 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.
SolarEdge Technologies's Price-to-Tangible-Book Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, SolarEdge Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where SolarEdge 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.
SolarEdge Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of SolarEdge Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
SolarEdge Technologies (SolarEdge Technologies) Business Description
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
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