As of today (2025-07-12), Innovate's share price is $5.55. Innovate's Tangible Book per Share of Mar. 2025 for the quarter that ended in Mar. 2025 was $-37.74. Hence, Innovate's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Innovate's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Innovate's highest Price to Tangible Book Ratio was 60.37. The lowest was 0.90. And the median was 7.74.
VATE's Price-to-Tangible-Book is not ranked *
in the Construction industry.
Industry Median: 1.45 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Innovate's share price is $5.55. Innovate's Book Value per Sharefor the quarter that ended in Mar. 2025 was $-15.37. Hence, Innovate's P/B Ratio of today is .
Innovate Price-to-Tangible-Book Historical Data
The historical data trend for Innovate'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 Innovate's Price-to-Tangible-Book
For the Engineering & Construction subindustry, Innovate'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.
Innovate's Price-to-Tangible-Book Distribution in the Construction Industry
For the Construction industry and Industrials sector, Innovate's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Innovate'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.
Innovate Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Innovate's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments which are; The infrastructure segment is comprised of DBM Global Inc, a fully integrated industrial construction, structural steel, and facility maintenance provider that provides fabrication and erection of structural steel and heavy steel plate services, The Life Sciences segment is comprised of Pansend Life Sciences which seeks to develop products to treat early osteoarthritis of the knee and aesthetic and medical technologies for the skin, and Spectrum segment is comprised of HC2 Broadcasting Holdings Inc which operates over-the-air broadcasting station across the United States.
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