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Ixia (XXIA) PB Ratio : 3.17 (As of May. 05, 2024)


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What is Ixia 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 (2024-05-05), Ixia's share price is $19.65. Ixia's Book Value per Share for the quarter that ended in Dec. 2016 was $6.19. Hence, Ixia's PB Ratio of today is 3.17.

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

XXIA's PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.67
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Ixia PB Ratio Historical Data

The historical data trend for Ixia'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.

Ixia PB Ratio Chart

Ixia Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 2.05 1.84 1.94 2.60

Ixia Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.94 1.94 1.52 1.90 2.60

Competitive Comparison of Ixia's PB Ratio

For the Information Technology Services subindustry, Ixia'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.


Ixia's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Ixia's PB Ratio distribution charts can be found below:

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



Ixia 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.

Ixia's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2016)
=19.65/6.193
=3.17

* 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.


Ixia  (NAS:XXIA) 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.


Ixia PB Ratio Related Terms

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


Ixia (XXIA) Business Description

Traded in Other Exchanges
N/A
Address
Ixia was founded in 1997 and is headquartered in Calabasas, California. The Company provides application performance and security resilience network test and network visibility solutions that validate, secure, and optimize businesses' physical and virtual networks. The Company has operations in EMEA and Asia Pacific region. It offers an always-on user experience through fast, secure delivery of dynamic, connected technologies and services. The Company uses direct sales force to market and sell its products and solutions and has number of ongoing programs to support the sale and distribution of products and solutions and to inform existing and potential customers, partners and distributors about the capabilities and benefits of systems. The Company serves network equipment manufacturers, service providers, enterprises and government agencies. The Company competes with network test and monitoring solution vendors such as Spirent Communications, Gigamon, Danaher, Aeroflex, JDS Uniphase, and NetScout.
Executives
Bethany Mayer director, officer: President and CEO C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Gail Hamilton director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Ilan Daskal director 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Brent T Novak officer: Chief Financial Officer C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Jonathan Fram director NONE, SEATTLE WA 98101
Graaf Raymond De officer: Sr. Vice President, Operations C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Thomas B Miller officer: Chief Financial Officer C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Pictet Overseas Trust Corp Ltd 10 percent owner BAYSIDE EXECUTIVE PARK, BUILDING NO. 1, WEST BAY STREET AND BLAKE ROAD, NASSAU C5 0000000000
Atul Bhatnagar director, officer: President and CEO C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302

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