As of today (2024-04-25), NL Industries's share price is $7.99. NL Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.02. Hence, NL Industries's Price to Tangible Book Ratio of today is 1.14.
The historical rank and industry rank for NL Industries's Price-to-Tangible-Book or its related term are showing as below:
NL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 1.01 Max: 2.63
Current: 1.14
During the past 13 years, NL Industries's highest Price to Tangible Book Ratio was 2.63. The lowest was 0.67. And the median was 1.01.
NL's Price-to-Tangible-Book is ranked better than 73.47% of 867
companies
in the Business Services industry
Industry Median: 2.06
vs NL: 1.14
A closely related ratio is called PB Ratio. As of today, NL Industries's share price is $7.99. NL Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.57. Hence, NL Industries's P/B Ratio of today is 1.06.
NL Industries Price-to-Tangible-Book Historical Data
The historical data trend for NL Industries'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 NL Industries's Price-to-Tangible-Book
For the Security & Protection Services subindustry, NL Industries'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.
NL Industries's Price-to-Tangible-Book Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, NL Industries's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where NL Industries's Price-to-Tangible-Book falls into.
NL Industries Price-to-Tangible-Book Calculation
NL Industries's price-to-tangible-book ratio for today is calculated as:
* 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.
NL Industries Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of NL Industries's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
NL Industries (NL Industries) Business Description
NL Industries Inc operates in the component products industry through its majority-owned subsidiary, CompX International Inc. It manufactures engineered components that are sold to a range of industries, including recreational transportation, postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment. CompX has three production facilities in the United States, through which it produces a precision ball bearing slide, security products, and ergonomic computer support systems. The company derives most of its revenue from Europe.
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