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Huntington Ingalls Industries (BSP:H1II34) PB Ratio : 2.79 (As of Apr. 27, 2024)


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What is Huntington Ingalls Industries PB Ratio?

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 (2024-04-27), Huntington Ingalls Industries's share price is R$18.61. Huntington Ingalls Industries's Book Value per Share for the quarter that ended in Dec. 2023 was R$6.66. Hence, Huntington Ingalls Industries's PB Ratio of today is 2.79.

The historical rank and industry rank for Huntington Ingalls Industries's PB Ratio or its related term are showing as below:

BSP:H1II34' s PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 4.05   Max: 7.14
Current: 2.64

During the past 13 years, Huntington Ingalls Industries's highest PB Ratio was 7.14. The lowest was 2.16. And the median was 4.05.

BSP:H1II34's PB Ratio is ranked worse than
52.45% of 286 companies
in the Aerospace & Defense industry
Industry Median: 2.585 vs BSP:H1II34: 2.64

During the past 12 months, Huntington Ingalls Industries's average Book Value Per Share Growth Rate was 18.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Huntington Ingalls Industries was 33.20% per year. The lowest was 2.80% per year. And the median was 14.20% per year.

Back to Basics: PB Ratio


Huntington Ingalls Industries PB Ratio Historical Data

The historical data trend for Huntington Ingalls Industries'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.

* Premium members only.

Huntington Ingalls Industries PB Ratio Chart

Huntington Ingalls Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.58 2.75 2.69 2.46

Huntington Ingalls Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 2.69 2.24 2.47 2.18 2.46

Competitive Comparison of Huntington Ingalls Industries's PB Ratio

For the Aerospace & Defense subindustry, Huntington Ingalls Industries'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.


Huntington Ingalls Industries's PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Huntington Ingalls Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Huntington Ingalls Industries's PB Ratio falls into.



Huntington Ingalls Industries 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.

Huntington Ingalls Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=18.61/6.66
=2.79

* 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.


Huntington Ingalls Industries  (BSP:H1II34) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Huntington Ingalls Industries PB Ratio Related Terms

Thank you for viewing the detailed overview of Huntington Ingalls Industries's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Huntington Ingalls Industries (BSP:H1II34) Business Description

Traded in Other Exchanges
Address
4101 Washington Avenue, Newport News, VA, USA, 23607
Huntington Ingalls Industries is the largest independent military shipbuilder in the U.S., spun off of Northrop Grumman in 2011. It operates three segments, two of which are historied shipyards: Ingalls produces non-nuclear-powered ships including amphibious landing ships and Arleigh Burke-class destroyers while Newport News produces nuclear-powered ships as the only producer of Gerald Ford-class aircraft carriers and a major subcontractor on Virginia and Columbia-class nuclear submarines. Huntington Ingalls shares production of destroyers and nuclear submarines with General Dynamics' Bath Iron Works and Electric Boat shipyards, respectively. The company's Mission Technologies segment produces uncrewed sea vessels and provides a range of IT and other services to U.S. government agencies.

Huntington Ingalls Industries (BSP:H1II34) Headlines

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