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Scientific Industries (Scientific Industries) Price-to-Tangible-Book : 1.42 (As of Apr. 29, 2024)


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What is Scientific Industries Price-to-Tangible-Book?

As of today (2024-04-29), Scientific Industries's share price is $1.75. Scientific Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $1.23. Hence, Scientific Industries's Price to Tangible Book Ratio of today is 1.42.

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

SCND' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1   Med: 1.43   Max: 3.6
Current: 1.42

During the past 13 years, Scientific Industries's highest Price to Tangible Book Ratio was 3.60. The lowest was 1.00. And the median was 1.43.

SCND's Price-to-Tangible-Book is ranked better than
66.38% of 2308 companies
in the Hardware industry
Industry Median: 2.05 vs SCND: 1.42

A closely related ratio is called PB Ratio. As of today, Scientific Industries's share price is $1.75. Scientific Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was $1.37. Hence, Scientific Industries's P/B Ratio of today is 1.28.


Scientific Industries Price-to-Tangible-Book Historical Data

The historical data trend for Scientific 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.

* Premium members only.

Scientific Industries Price-to-Tangible-Book Chart

Scientific Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 2.12 3.60 2.37 1.94

Scientific Industries 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 - 3.13 3.73 3.41 1.94

Competitive Comparison of Scientific Industries's Price-to-Tangible-Book

For the Scientific & Technical Instruments subindustry, Scientific 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.


Scientific Industries's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Scientific Industries's Price-to-Tangible-Book distribution charts can be found below:

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



Scientific Industries Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.75/1.234
=1.42

* 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.


Scientific Industries Price-to-Tangible-Book Related Terms

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


Scientific Industries (Scientific Industries) Business Description

Traded in Other Exchanges
N/A
Address
80 Orville Drive, Suite 102, Bohemia, NY, USA, 11716
Scientific Industries Inc is engaged in the design, manufacture, and marketing of benchtop laboratory equipment. Its products are used for research purposes by universities, pharmaceutical companies, pharmacies, national laboratories, medical device manufacturers, petrochemical companies, and other industries performing laboratory-scale research. The company's operating segment includes Benchtop Laboratory Equipment, Bioprocessing Systems and Corporate. It generates maximum revenue from the Benchtop Laboratory Equipment segment. The company offers equipment products such as mixers, shakers, stirrers, refrigerated incubators, pharmacy balances and scales, force gauges, catalyst instruments, reactor systems, and high throughput systems.
Executives
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Marcus Frampton director, 10 percent owner 800 F STREET, UNIT #P2, JUNEAU AK 99801
Jurgen Walter Schumacher director WARTAWEIL 14, HERRSCHING 2M 82211
Reginald Averilla officer: Chief Financial Officer 175-20 WEXFORD TERRACE, APT 2X, JAMAICA NY 11432
Joseph G Cremonese director C/O SCIENTIFIC INDUSTRIES INC, 70 ORVILLE DR, BOHEMIA NY 11716
John A Moore director 403 MARSH LANE, WILMINGTON DE 19807
Helena R Santos director, officer: President and CEO
Veradace Partners Lp 10 percent owner 2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
James B Polk officer: Chief Commercial Officer 7550 GLEN RIDGE DRIVE, CASTLE PINES CO 80101
Roy T Eddleman 10 percent owner 110 W. GEORGE BURNS ROAD, SUITE D-4018, LOS ANGELES CA 90048
Lyon Polk 10 percent owner 1585 BROADWAY, 22ND FLOOR, NEW YORK NY 10036
Christopher T Cox 10 percent owner CADWALADER, WICKERSHAM & TAFT LLP, ONE WORLD FINANCIAL CENTER, NEW YORK NY 10281
Robert Nichols officer: Secretary C/O SCIENTIFIC INDUSTRIES, INC., 70 ORVILLE DRIVE, BOHEMIA NY 11716
Watkins John F F director 469 PUMPKIN LANE, CLINTON CORNERS NY 12514
Karl Nowosielski officer: President-Division C/O SCIENTIFIC INDUSTRIES, 70 ORVILLE DRIVE, BOHEMIA NY 11716