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Kornit Digital (Kornit Digital) PB Ratio : 0.95 (As of Apr. 30, 2024)


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What is Kornit Digital 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 (2024-04-30), Kornit Digital's share price is $15.80. Kornit Digital's Book Value per Share for the quarter that ended in Dec. 2023 was $16.67. Hence, Kornit Digital's PB Ratio of today is 0.95.

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

KRNT' s PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 3.89   Max: 23.63
Current: 0.95

During the past 12 years, Kornit Digital's highest PB Ratio was 23.63. The lowest was 0.82. And the median was 3.89.

KRNT's PB Ratio is ranked better than
79.98% of 2927 companies
in the Industrial Products industry
Industry Median: 1.92 vs KRNT: 0.95

During the past 12 months, Kornit Digital's average Book Value Per Share Growth Rate was -4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 27.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 40.30% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Kornit Digital was 87.20% per year. The lowest was 13.90% per year. And the median was 35.35% per year.

Back to Basics: PB Ratio


Kornit Digital PB Ratio Historical Data

The historical data trend for Kornit Digital'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.

Kornit Digital PB Ratio Chart

Kornit Digital 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 4.12 7.90 8.22 1.32 1.15

Kornit Digital 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 1.32 1.13 1.73 1.13 1.15

Competitive Comparison of Kornit Digital's PB Ratio

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.


Kornit Digital's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kornit Digital's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kornit Digital's PB Ratio falls into.



Kornit Digital 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.

Kornit Digital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=15.80/16.674
=0.95

* 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.


Kornit Digital  (NAS:KRNT) 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.


Kornit Digital PB Ratio Related Terms

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Kornit Digital (Kornit Digital) Business Description

Traded in Other Exchanges
Address
12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246
Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.

Kornit Digital (Kornit Digital) Headlines

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