GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Esterline Technologies Corp (NYSE:ESL) » Definitions » PB Ratio

Esterline Technologies (Esterline Technologies) PB Ratio : 1.97 (As of Apr. 26, 2024)


View and export this data going back to 1970. Start your Free Trial

What is Esterline Technologies 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 (2024-04-26), Esterline Technologies's share price is $122.49. Esterline Technologies's Book Value per Share for the quarter that ended in Dec. 2018 was $62.20. Hence, Esterline Technologies's PB Ratio of today is 1.97.

The historical rank and industry rank for Esterline Technologies's PB Ratio or its related term are showing as below:

ESL's PB Ratio is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.59
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Esterline Technologies PB Ratio Historical Data

The historical data trend for Esterline Technologies'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.

Esterline Technologies PB Ratio Chart

Esterline Technologies Annual Data
Trend Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Sep15 Sep16 Sep17 Sep18
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 1.38 1.40 1.50 1.46

Esterline Technologies Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1.25 1.20 1.23 1.46 1.95

Competitive Comparison of Esterline Technologies's PB Ratio

For the Aerospace & Defense subindustry, Esterline Technologies'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.


Esterline Technologies's PB Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Esterline Technologies's PB Ratio falls into.



Esterline Technologies 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.

Esterline Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2018)
=122.49/62.2
=1.97

* 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.


Esterline Technologies  (NYSE:ESL) 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.


Esterline Technologies PB Ratio Related Terms

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


Esterline Technologies (Esterline Technologies) Business Description

Traded in Other Exchanges
N/A
Address
500, 108th Avenue North East, Suite 1500, Bellevue, WA, USA, 98004
Esterline Technologies Corp is a specialized manufacturing company serving aerospace and defense markets. It designs, produces, and markets engineered products and systems. The company operates in three technology segments: Avionics & Controls, Sensors & Systems, and Advanced Materials. Its products have been implemented into military and commercial aircraft and land-based platforms. Additional sales result from aftermarket repairs and spare parts for existing systems. Esterline has worldwide sales and distribution channels and will try to strengthen customer relationships by targeting specific segments. Approximately half of its revenue is derived from the United States. The remainder of sales come from Canada, France, United Kingdom, and other smaller regions.
Executives
Stephen M Nolan officer: Executive VP, CFO 1300 WILSON BOULEVARD, SUITE 400, ARLINGTON VA 22209
Donald E. Walther officer: Executive VP, General Counsel 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004
Mary L Howell director 1101 PENNSYLVANIA AVE STE 400, WASHINGTON DC 20004
Curtis C Reusser director, officer: Chairman, President & CEO C/O GOODRICH CORPORATION, 850 LAGOON DRIVE, CHULA VISTA CA 91910
Scott Ernest Kuechle director C/O GOODRICH CORPORATION, 2730 WEST TYVOLA ROAD, CHARLOTTE NC 28217
Michael J Covey director C/O POTLATCH CORPORATION, 601 W FIRST AVENUE, SUITE 1600, SPOKANE WA 99201
Michael J Cave director C/O ESTERLINE TECHNOLOGIES CORP, 500 108TH AVE NE, SUITE 1500, BELLEVUE WA 98004
Steven T Romick 10 percent owner 11400 W OLYMPIC BLVD, STE 1200, LOS ANGELES CA 90064
Mark Landecker 10 percent owner 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
J Richard Atwood 10 percent owner
Brian A. Selmo 10 percent owner 11400 W. OLYMPIC BLVD., STE. 1200, LOS ANGELES CA 90064
Gary E Pruitt director 701 WESTERN AVENUE, GLENDALE CA 91201
Winship Henry Ward Iv director PO BOX 8614, RANCHO SANTA FE CA 92067
Jerry D Leitman director
Richard Bradley Lawrence director, officer: Executive Chairman 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004

Esterline Technologies (Esterline Technologies) Headlines