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GE Vernova (GE Vernova) Price-to-Tangible-Book : 12.85 (As of May. 15, 2024)


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What is GE Vernova Price-to-Tangible-Book?

As of today (2024-05-15), GE Vernova's share price is $167.87. GE Vernova's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $13.06. Hence, GE Vernova's Price to Tangible Book Ratio of today is 12.85.

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

GEV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 10.47   Med: 10.47   Max: 12.85
Current: 12.85

During the past 3 years, GE Vernova's highest Price to Tangible Book Ratio was 12.85. The lowest was 10.47. And the median was 10.47.

GEV's Price-to-Tangible-Book is ranked worse than
96.2% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.46 vs GEV: 12.85

A closely related ratio is called PB Ratio. As of today, GE Vernova's share price is $167.87. GE Vernova's Book Value per Sharefor the quarter that ended in Mar. 2024 was $32.74. Hence, GE Vernova's P/B Ratio of today is 5.13.


GE Vernova Price-to-Tangible-Book Historical Data

The historical data trend for GE Vernova'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.

GE Vernova Price-to-Tangible-Book Chart

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - -

GE Vernova Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Price-to-Tangible-Book - - - - 10.47

Competitive Comparison of GE Vernova's Price-to-Tangible-Book

For the Utilities - Renewable subindustry, GE Vernova'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.


GE Vernova's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, GE Vernova's Price-to-Tangible-Book distribution charts can be found below:

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



GE Vernova Price-to-Tangible-Book Calculation

GE Vernova's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=167.87/13.062
=12.85

* 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.


GE Vernova Price-to-Tangible-Book Related Terms

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


GE Vernova (GE Vernova) Business Description

Comparable Companies
Traded in Other Exchanges
Address
58 Charles Street, Cambridge, MA, USA
GE Vernova operates through its subsidiaries is a purpose-built global energy company spanning the power, wind and electrification segments, supported by advanced research, consulting and financial services accelerators. It helps customers improve energy efficiency and deliver electricity that is critical to improving health, safety and quality of life.

GE Vernova (GE Vernova) Headlines

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