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Ormat Technologies (Ormat Technologies) Price-to-Tangible-Book : 2.01 (As of Apr. 25, 2024)


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What is Ormat Technologies Price-to-Tangible-Book?

As of today (2024-04-25), Ormat Technologies's share price is $63.78. Ormat Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $31.77. Hence, Ormat Technologies's Price to Tangible Book Ratio of today is 2.01.

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

ORA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.66   Med: 2.78   Max: 3.36
Current: 2.01

During the past 13 years, Ormat Technologies's highest Price to Tangible Book Ratio was 3.36. The lowest was 1.66. And the median was 2.78.

ORA's Price-to-Tangible-Book is ranked worse than
63.68% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.42 vs ORA: 2.01

A closely related ratio is called PB Ratio. As of today, Ormat Technologies's share price is $63.78. Ormat Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $38.36. Hence, Ormat Technologies's P/B Ratio of today is 1.66.


Ormat Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Ormat 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.

* Premium members only.

Ormat Technologies Price-to-Tangible-Book Chart

Ormat Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.21 3.18 3.17 3.36 2.39

Ormat Technologies 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 Get a 7-Day Free Trial 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 3.36 2.87 2.63 2.25 2.39

Competitive Comparison of Ormat Technologies's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, Ormat 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.


Ormat Technologies's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Price-to-Tangible-Book distribution charts can be found below:

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



Ormat Technologies Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=63.78/31.765
=2.01

* 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.


Ormat Technologies Price-to-Tangible-Book Related Terms

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


Ormat Technologies (Ormat Technologies) Business Description

Traded in Other Exchanges
Address
6140 Plumas Street, Reno, NV, USA, 89519-6075
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: 1) Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. 2) Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. 3) Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
Executives
Dafna Sharir director C/O AMPAL AMERICAN ISRAEL CORP, 111 ARLOZOROV STREET, TEL AVIV ISREL L3 00000
Isaac Angel officer: CEO Appointee 2099 GATEWAY PLACE, SUITE 600 CA 95110
Doron Blachar officer: CFO 6225 NEIL ROAD, RENO NV 89511
Stanley Stern director C/O THCG, INC, 650 MADISON AVENUE, 21ST FL, NEW YORK NY 10022
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Byron G. Wong director 2 TRAILS END, WESTPORT CT 06880
David Granot director 6225 NEIL ROAD, RENO NV 89511
Shimon Hatzir officer: VP, Elect. & Conceptual Engin. 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511
Shlomi Argas officer: V.P., Projects 6225 NEIL ROAD, RENO NV 89511
Karin Corfee director 6140 PLUMAS STREET, RENO NV 89519
Michal Marom director 6140 PLUMAS STREET, RENO NV 89519
Dan Falk director 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511
Jessica Woelfel officer: General Counsel and CCO 6140 PLUMAS STREET, RENO NV 89519
Mike Nikkel director 6140 PLUMAS STREET, RENO NV 89519
Zvi Krieger officer: VP, Geothermal Enginerring 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511