Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Advanced Innergy HoldingsASX:AIH -2.00%5 Price-to-Tangible-Book is 2.46 as of Sep. 15, 2026. GuruFocus rates ASX:AIH with a GF Score™ of 5/100. The stock has 3 warning signs investors should review. Among 2,895 Industrial Products companies, Advanced Innergy Holdings ranks worse than 51.47% on this metric.
The historical rank and industry rank for Advanced Innergy Holdings's Price-to-Tangible-Book or its related term are showing as below:
ASX:AIH'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.35 Med: 4.52 Max: 4.52
Current: 2.45
During the past 3 years, Advanced Innergy Holdings's highest Price to Tangible Book Ratio was 4.52. The lowest was 2.35. And the median was 4.52.
ASX:AIH's Price-to-Tangible-Book is ranked worse than 51.47% of 2895
companies
in the Industrial Products industry
Industry Median: 2.41
vs ASX:AIH: 2.45
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Advanced Innergy Holdings Price-to-Tangible-Book Related Terms
Advanced Innergy Holdings Price-to-Tangible-Book Historical Data
* 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.
ASX:AIH vs GEV, ETN, PH: Price-to-Tangible-Book Comparison
For the Specialty Industrial Machinery subindustry, Advanced Innergy Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Advanced Innergy Holdings Price-to-Tangible-Book vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Advanced Innergy Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Advanced Innergy Holdings's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Advanced Innergy Holdings (ASX:AIH) has a Price-to-Tangible-Book of 2.46 as of Sep. 15, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Advanced Innergy Holdings and its competitors. According to the industry distribution chart, Advanced Innergy Holdings ranks #1490 out of 2895 companies in the Industrial Products industry, placing it in the top 51.5%.
Is Advanced Innergy Holdings' Price-to-Tangible-Book too high?
Advanced Innergy Holdings' current Price-to-Tangible-Book is 2.46. The Industrial Products industry median Price-to-Tangible-Book is 2.41. Advanced Innergy Holdings' value of 2.46 is 2.1% above this industry median. Based on the distribution chart, Advanced Innergy Holdings ranks #1490 out of 2895 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Advanced Innergy Holdings has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Advanced Innergy Holdings' Price-to-Tangible-Book compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Advanced Innergy Holdings ranks #1490 out of 2895 companies for Price-to-Tangible-Book. This places Advanced Innergy Holdings in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.41. Advanced Innergy Holdings' value of 2.46 is 2.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Industrial Products company?
The median Price-to-Tangible-Book among Industrial Products companies is 2.41, based on 2,895 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advanced Innergy Holdings's current Price-to-Tangible-Book of 2.46 is 2.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Advanced Innergy Holdings and its competitors. For the Industrial Products industry, the median Price-to-Tangible-Book is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advanced Innergy Holdings's current Price-to-Tangible-Book is 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Innergy Holdings stock overvalued right now?
Advanced Innergy Holdings (ASX:AIH) has a current Price-to-Tangible-Book of 2.46. The current Price-to-Tangible-Book is 2.46 and 2.1% above the Industrial Products industry median of 2.41. Advanced Innergy Holdings' overall GF Score™ is 5/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Advanced Innergy Holdings (ASX:AIH), the current Price-to-Tangible-Book is 2.46 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:AIH has been successfully added to your 
