The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), Heico's share price is $256.89. Heico's Book Value per Share for the quarter that ended in Jul. 2024 was $25.54. Hence, Heico's PB Ratio of today is 10.06.
The historical rank and industry rank for Heico's PB Ratio or its related term are showing as below:
HEI'
s PB Ratio Range Over the Past 10 Years
Min: 3.24 Med: 6.39 Max: 9.37
Current: 7.86
During the past 13 years, Heico's highest PB Ratio was 9.37. The lowest was 3.24. And the median was 6.39.
HEI's PB Ratio is ranked worse than 84.78% of 289
companies
in the Aerospace & Defense industry
Industry Median: 2.68
vs HEI: 7.86
During the past 12 months, Heico's average Book Value Per Share Growth Rate was 20.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Heico was 69.70% per year. The lowest was -3.70% per year. And the median was 10.00% per year.
Back to Basics: PB Ratio
Heico PB Ratio Historical Data
The historical data trend for Heico's PB Ratio 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.
For the Aerospace & Defense subindustry, Heico's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Heico's PB Ratio Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Heico's PB Ratio distribution charts can be found below:
* The bar in red indicates where Heico's PB Ratio falls into.
Heico PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Heico's PB Ratio for today is calculated as follows:
* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Heico PB Ratio Related Terms
Thank you for viewing the detailed overview of Heico's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is persistently acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.
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