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Federal SignalFSS +0.74%98 Price-to-Tangible-Book is 14.64 as of Sep. 22, 2026. GuruFocus rates FSS with a GF Score™ of 98/100 and a GF Value™ of $127.36 (Fairly Valued). The stock has 1 warning sign investors should review. Among 202 Farm & Heavy Construction Machinery companies, Federal Signal ranks worse than 95.54% on this metric.
The historical rank and industry rank for Federal Signal's Price-to-Tangible-Book or its related term are showing as below:
FSS'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.2 Med: 14.09 Max: 100.51
Current: 14.62
During the past 13 years, Federal Signal's highest Price to Tangible Book Ratio was 100.51. The lowest was 5.20. And the median was 14.09.
FSS's Price-to-Tangible-Book is ranked worse than 95.54% of 202
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.82
vs FSS: 14.62
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.
Federal Signal Price-to-Tangible-Book Related Terms
Federal Signal Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Federal Signal'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.
FSS vs TEX, AGCO, OSK: Price-to-Tangible-Book Comparison
For the Farm & Heavy Construction Machinery subindustry, Federal Signal'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.
Federal Signal Price-to-Tangible-Book vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Federal Signal's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Federal Signal'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.
Federal Signal (FSS) has a Price-to-Tangible-Book of 14.64 as of Sep. 22, 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 Federal Signal and its competitors. According to the industry distribution chart, Federal Signal ranks #193 out of 202 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 95.5%.
Is Federal Signal's Price-to-Tangible-Book too high?
Federal Signal's current Price-to-Tangible-Book is 14.64. The Farm & Heavy Construction Machinery industry median Price-to-Tangible-Book is 1.82. Federal Signal's value of 14.64 is 704.4% above this industry median. Based on the distribution chart, Federal Signal ranks #193 out of 202 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Federal Signal has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal Signal's Price-to-Tangible-Book compare to TEX and AGCO?
According to the Farm & Heavy Construction Machinery industry distribution chart, Federal Signal ranks #193 out of 202 companies for Price-to-Tangible-Book. This places Federal Signal in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.82. Federal Signal's value of 14.64 is 704.4% 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 a Farm & Heavy Construction Machinery company?
The median Price-to-Tangible-Book among Farm & Heavy Construction Machinery companies is 1.82, based on 202 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. Federal Signal's current Price-to-Tangible-Book of 14.64 is 704.4% 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 Federal Signal and its competitors. For the Farm & Heavy Construction Machinery industry, the median Price-to-Tangible-Book is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Signal's current Price-to-Tangible-Book is 14.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Signal stock overvalued right now?
Based on GuruFocus' analysis, Federal Signal (FSS) is currently considered Fairly Valued. The stock's GF Value™ is $127.36, compared to a current price of $115.94 — trading 9% below its estimated fair value. The current Price-to-Tangible-Book is 14.64 and 704.4% above the Farm & Heavy Construction Machinery industry median of 1.82. Federal Signal's overall GF Score™ is 98/100 with 1 warning sign 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 Federal Signal (FSS), the current Price-to-Tangible-Book is 14.64 as of Sep. 22, 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.
Is Federal Signal (FSS) Overvalued in 2026?
Based on GuruFocus' analysis, Federal Signal stock appears to be undervalued.
The current stock price of $115.94 is trading 9% below its estimated GF Value™ of $127.36.
GuruFocus considers Federal Signal to be Fairly Valued.
Key valuation signals for FSS:
Price-to-Tangible-Book: 14.64
GF Value™: $127.36 vs. price of $115.94 (9% below fair value)
Industry Position: 704.4% above the Farm & Heavy Construction Machinery median (#193 of 202)
No single metric tells the full story. See the FSS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates through two segments. The Environmental Solutions Group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group manufactures and supplies comprehensive systems and products used by law enforcement, fire rescue, and industrial sites to protect people and property. Its offerings include systems for community alerting and industrial communications. The company generates the majority of its revenue from the Environmental Solutions Group segment.
98GF Score
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