What is Watts Water Technologies Price-to-Tangible-Book?
As of today (2024-04-25), Watts Water Technologies's share price is $202.475. Watts Water Technologies's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $18.14. Hence, Watts Water Technologies's Price to Tangible Book Ratio of today is 11.16.
The historical rank and industry rank for Watts Water Technologies's Price-to-Tangible-Book or its related term are showing as below:
WTS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 8.18 Med: 14.23 Max: 2037.5
Current: 11.16
During the past 13 years, Watts Water Technologies's highest Price to Tangible Book Ratio was 2037.50. The lowest was 8.18. And the median was 14.23.
WTS's Price-to-Tangible-Book is ranked worse than 93.3% of 2822
companies
in the Industrial Products industry
Industry Median: 2.08
vs WTS: 11.16
A closely related ratio is called PB Ratio. As of today, Watts Water Technologies's share price is $202.475. Watts Water Technologies's Book Value per Sharefor the quarter that ended in Dec. 2023 was $45.43. Hence, Watts Water Technologies's P/B Ratio of today is 4.46.
Watts Water Technologies Price-to-Tangible-Book Historical Data
The historical data trend for Watts Water 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.
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Watts Water Technologies Price-to-Tangible-Book Chart
Competitive Comparison of Watts Water Technologies's Price-to-Tangible-Book
For the Specialty Industrial Machinery subindustry, Watts Water 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.
Watts Water Technologies's Price-to-Tangible-Book Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Watts Water Technologies's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Watts Water Technologies's Price-to-Tangible-Book falls into.
Watts Water Technologies Price-to-Tangible-Book Calculation
Watts Water Technologies'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.
Watts Water Technologies Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Watts Water Technologies's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Watts Water Technologies (Watts Water Technologies) Business Description
Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. The company's product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.
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