As of today (2024-04-23), Franklin Wireless's share price is $2.94. Franklin Wireless's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $3.06. Hence, Franklin Wireless's Price to Tangible Book Ratio of today is 0.96.
The historical rank and industry rank for Franklin Wireless's Price-to-Tangible-Book or its related term are showing as below:
FKWL'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 1.47 Max: 6.98
Current: 0.96
During the past 13 years, Franklin Wireless's highest Price to Tangible Book Ratio was 6.98. The lowest was 0.90. And the median was 1.47.
FKWL's Price-to-Tangible-Book is ranked better than 79.82% of 2304
companies
in the Hardware industry
Industry Median: 1.955
vs FKWL: 0.96
A closely related ratio is called PB Ratio. As of today, Franklin Wireless's share price is $2.94. Franklin Wireless's Book Value per Sharefor the quarter that ended in Dec. 2023 was $3.23. Hence, Franklin Wireless's P/B Ratio of today is 0.91.
Franklin Wireless Price-to-Tangible-Book Historical Data
The historical data trend for Franklin Wireless'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.
Franklin Wireless Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Jun22
Jun23
Price-to-Tangible-Book
1.93
3.09
2.46
0.94
1.21
Franklin Wireless 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
1.39
1.56
1.21
1.04
1.11
Competitive Comparison
For the Communication Equipment subindustry, Franklin Wireless'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.
Franklin Wireless Price-to-Tangible-Book Distribution
For the Hardware industry and Technology sector, Franklin Wireless's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Franklin Wireless's Price-to-Tangible-Book falls into.
Franklin Wireless Price-to-Tangible-Book Calculation
Franklin Wireless'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.
Franklin Wireless Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Franklin Wireless's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin Wireless (Franklin Wireless) Business Description
Franklin Wireless Corp is a provider of wireless solutions, including mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Its M2M and IoT solutions include embedded modules, modems, and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, and telematics.
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