As of today (2024-04-24), Arrow Electronics's share price is $127.58. Arrow Electronics's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $67.41. Hence, Arrow Electronics's Price to Tangible Book Ratio of today is 1.89.
The historical rank and industry rank for Arrow Electronics's Price-to-Tangible-Book or its related term are showing as below:
ARW'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.45 Med: 2.71 Max: 3.76
Current: 1.89
During the past 13 years, Arrow Electronics's highest Price to Tangible Book Ratio was 3.76. The lowest was 1.45. And the median was 2.71.
ARW's Price-to-Tangible-Book is ranked better than 54.17% of 2304
companies
in the Hardware industry
Industry Median: 1.99
vs ARW: 1.89
A closely related ratio is called PB Ratio. As of today, Arrow Electronics's share price is $127.58. Arrow Electronics's Book Value per Sharefor the quarter that ended in Dec. 2023 was $107.89. Hence, Arrow Electronics's P/B Ratio of today is 1.18.
Arrow Electronics Price-to-Tangible-Book Historical Data
The historical data trend for Arrow Electronics'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 Arrow Electronics's Price-to-Tangible-Book
For the Electronics & Computer Distribution subindustry, Arrow Electronics'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.
Arrow Electronics's Price-to-Tangible-Book Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Arrow Electronics's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Arrow Electronics'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.
Arrow Electronics Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Arrow Electronics's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Arrow Electronics (Arrow Electronics) Business Description
Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.
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