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Leonardo DRS (FRA:2VZ) Price-to-Tangible-Book : 6.76 (As of Jun. 23, 2024)


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What is Leonardo DRS Price-to-Tangible-Book?

As of today (2024-06-23), Leonardo DRS's share price is €22.95. Leonardo DRS's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €3.40. Hence, Leonardo DRS's Price to Tangible Book Ratio of today is 6.76.

The historical rank and industry rank for Leonardo DRS's Price-to-Tangible-Book or its related term are showing as below:

FRA:2VZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.57   Med: 5.39   Max: 7.04
Current: 7.04

During the past 6 years, Leonardo DRS's highest Price to Tangible Book Ratio was 7.04. The lowest was 4.57. And the median was 5.39.

FRA:2VZ's Price-to-Tangible-Book is ranked worse than
75.38% of 260 companies
in the Aerospace & Defense industry
Industry Median: 3.03 vs FRA:2VZ: 7.04

A closely related ratio is called PB Ratio. As of today, Leonardo DRS's share price is €22.95. Leonardo DRS's Book Value per Sharefor the quarter that ended in Mar. 2024 was €8.24. Hence, Leonardo DRS's P/B Ratio of today is 2.79.


Leonardo DRS Price-to-Tangible-Book Historical Data

The historical data trend for Leonardo DRS's Price-to-Tangible-Book 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.

Leonardo DRS Price-to-Tangible-Book Chart

Leonardo DRS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial - - - - 5.72

Leonardo DRS Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 4.22 5.69 5.17 5.72 5.89

Competitive Comparison of Leonardo DRS's Price-to-Tangible-Book

For the Aerospace & Defense subindustry, Leonardo DRS'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.


Leonardo DRS's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Leonardo DRS's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Leonardo DRS's Price-to-Tangible-Book falls into.



Leonardo DRS Price-to-Tangible-Book Calculation

Leonardo DRS's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=22.95/3.397
=6.76

* 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.


Be Aware

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.


Leonardo DRS Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Leonardo DRS's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Leonardo DRS (FRA:2VZ) Business Description

Traded in Other Exchanges
Address
2345 Crystal Drive, Suite 1000, Arlington, VA, USA, 22202
Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The diverse array of defense systems and solutions is offered to all branches of the U.S. military, aerospace and defense prime contractors, government intelligence agencies and international military customers for deployment on a wide range of military platforms.

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