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ITT (ITT) Price-to-Tangible-Book

: 7.41 (As of Today)
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As of today (2024-04-19), ITT's share price is $125.15. ITT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $16.90. Hence, ITT's Price to Tangible Book Ratio of today is 7.41.

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

ITT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.46   Med: 7.18   Max: 9.21
Current: 7.41

During the past 13 years, ITT's highest Price to Tangible Book Ratio was 9.21. The lowest was 5.46. And the median was 7.18.

ITT's Price-to-Tangible-Book is ranked worse than
88.3% of 2821 companies
in the Industrial Products industry
Industry Median: 2.06 vs ITT: 7.41

A closely related ratio is called PB Ratio. As of today, ITT's share price is $125.15. ITT's Book Value per Sharefor the quarter that ended in Dec. 2023 was $30.79. Hence, ITT's P/B Ratio of today is 4.06.


ITT Price-to-Tangible-Book Historical Data

The historical data trend for ITT'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.

ITT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.62 6.34 7.29 5.79 7.06

ITT 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.79 5.87 6.42 6.30 7.06

Competitive Comparison

For the Specialty Industrial Machinery subindustry, ITT'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.


ITT Price-to-Tangible-Book Distribution

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

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



ITT Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=125.15/16.899
=7.41

* 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.


ITT Price-to-Tangible-Book Related Terms

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


ITT (ITT) Business Description

Traded in Other Exchanges
Address
100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902
ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.
Executives
Ryan F. Flynn officer: See Remarks 56 TECHNOLOGY DR., IRVINE CA 92618
Don Defosset director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Nazzic S Keene director 1710 SAIC DRIVE, MCLEAN VA 22102
Kevin C Berryman director 521 WEST 57TH STREET, NEW YORK NY 10019
Maurine C. Lembesis officer: See Remarks 8 RYANS RUN, PLEASANT VALLEY NY 12569
Carlo Ghirardo officer: See Remarks VIA BONINO, 5, BRA (CN) L6 12042
Fernando Roland officer: SVP & Pres Industrial Process 100 WASHINGTON BLVD., 6TH FLOOR, STAMFORD CT 06902
Lori B. Marino officer: SVP, General Counsel 100 WASHINGTON BLVD, STAMFORD CT 06902
De Mesa Graziano Cheryl officer: VP, Chief Accounting Officer 80 GRASSLANDS ROAD, ELMSFORD NY 10523
Emmanuel Caprais officer: Chief Financial Officer 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Mary Elizabeth Gustafsson officer: See Remarks ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Timothy H Powers director C/O RICHARD W DAVLES HUBBELL INC, 684 DERBY MILFORD RD, ORANGE CT 06477
Luca Savi officer: See Remarks C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Bartek Markowiecki officer: SVP, Strategy & Corp Dev. C/O ITT INC., 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Orlando D Ashford director C/O AMERANT BANK, 220 ALHAMBRA CR., CORAL GABLES FL 33134